By eHow Personal Finance Editor
Rate: (8 Ratings)
Roommates make lots of informal agreements about splitting rent, sharing chores and choosing bedrooms. It's best to put your understandings in writing, because oral agreements are too easily forgotten or misinterpreted after the fact. Here are some key decisions to consider when drafting an agreement.
eHow Personal Finance Editor
Comments
Anonymous said
on 8/8/2006 Get a copy of any state or local laws for everyone to read. While these are often not binding between roommates, it is still good background information and may help spark useful discussions.
Anonymous said
on 8/8/2006 Everyone should include at least one and preferably more emergency contacts - a relative, religious leader, job, doctor, best friend, insurance agent.
Anonymous said
on 11/22/2005 Make a chore chart. That way no one is technically stuck with all the work. Male roommates tend to have low standards, so it might be hard to get them to do the chores they've agreed to do. Talk about this stuff right before or after you move in. Any agreement made in the beginning will back you up, if you have to confront someone later on.
lilnyc said
on 3/22/2007 Make sure to get a copy of your lease agreement!! I have a story worth writing a book about, but in brief...I was amended onto a lease, or at least I paid to be. Then a new management co took over and said I was never a tenant. Bottom line, my roommate never intended to add me, rather used me to pay the rent and told me to leave so that her family could move in a year later. It got very complicated, but this space is too small to detail it.
Anonymous said
on 8/8/2006 One person should be in charge of keeping a monthly record, but this must be open to everyone. Write down all expenses, the split, and when paid. Write down important chores, if assigned, when done, by whom. Keep copies of all shared bills with this record.
This is also a good spot for anyone to write down minor problems, so they can be discussed later, and the resolution - if not resolved, that should also be noted.