roommate agreement for friends template

Residential Co-Tenancy Agreement

Instructions for Use

• Fill in all bracketed fields with the accurate information for each resident and the specific property details.
• Discuss each clause with all housemates to ensure mutual understanding and consensus before signing.
• Once completed, every party should sign and date the document, and each resident should retain a signed copy for their personal records.

Parties & Definitions

This Agreement is made on [__________] (Date) between the following residents:

1. [Full Legal Name of Resident 1]
2. [Full Legal Name of Resident 2]
3. [Full Legal Name of Resident 3]

The "Premises" refers to the property located at: [Full Street Address, City, State, Zip Code].

Operative Clauses

1. Term of Agreement: This agreement commences on [] and shall continue until [] or until the lease for the Premises is terminated.

2. Rent Obligations: The total monthly rent is $[__________]. Each resident agrees to contribute the following amount:

   • Rent shall be paid to [Landlord or Property Manager Name] by the [__________] day of each month.

3. Utilities and Expenses: Utility costs, including electricity, water, gas, internet, and trash, shall be [ ] split equally among all residents / [ ] paid as follows: [__________].

4. Security Deposit: The security deposit total is $[__________]. Each resident has contributed:

   • Residents acknowledge that the return of the deposit is subject to the terms of the master lease and the condition of the Premises upon move-out.

5. Household Chores and Cleaning: Residents agree to maintain common areas in a clean and sanitary condition. A rotating chore schedule is [ ] attached to this agreement / [ ] as follows: [__________].

6. Guests and Quiet Hours:

   • Overnight guests are permitted for a maximum of [__________] nights per month.
   • Quiet hours are observed between [] and [].

7. Smoking and Pets:

   • Smoking: [ ] Permitted in designated areas / [ ] Strictly prohibited on the Premises.
   • Pets: [ ] No pets allowed / [ ] Pets allowed as follows: [__________].

8. Dispute Resolution: In the event of a disagreement, residents agree to hold a house meeting to resolve the issue in good faith. If unresolved, residents agree to [__________].

9. Early Departure: If a resident moves out before the end of the term, they remain liable for their share of the rent until a replacement is found and approved by the remaining residents and the landlord.

Signature & Acknowledgment

Resident 1 Signature: __________ Printed Name: [] Date: []

Resident 2 Signature: __________ Printed Name: [] Date: []

Resident 3 Signature: __________ Printed Name: [] Date: []

Legal Disclaimer: This document is a general framework intended for informational purposes only. It does not constitute legal advice. Laws governing residential tenancies vary significantly by state and municipality. Consult with qualified legal counsel in your jurisdiction to ensure this agreement complies with local ordinances and your master lease.