Sign Roommate Contract Online

How to eSign a document: how to write a roommate contract

Something to consider when moving in with a roommate is who is going to be the renter or the occupant that is listed on the rental agreement. In some cases, only one of you will be listed. And in others, the rental agreement may specify both names if you have a roommate. So what should you do? Well, in today's video, we're going to cover everything you need to know about what a rental agreement is, what are your rights, what you should do with a roommate and how that will affect your type of occupancy and more. So if you're ready, let's jump into the first point of what is a residential rental agreement. The rental agreement, which is often referred to as a lease, is a document that outlines the length of the tenancy, how much rent will be and the responsibilities of both the renter and the landlord during the period where they're entered into the agreement. In some provinces and states, the rental agreement is required to be signed by both the renter and the landlord with a paper copy given to the renter. In other states or provinces, an oral agreement is fine. So if you're unsure how to interact with your landlord about the rental agreement, you can always check the laws and regulations in your local area. A lease is actually just one type of rental agreement and that usually binds both parties for a period of six months to a year. During this period, no changes to the rental agreement can be made unless both parties are on board with the changes. For instance, you as a renter will be specified to pay a certain amount each month and you must continue to do so until the agreement is over or until both you and the landlord have arranged something different. Well, there are three types of renters that you should be aware of as a potential tenant and renter yourself. And this will change based on your relationship with your roommate and how the landlord has setup their rental agreement. So let's dive into the three here. Co-renters is the most common type of agreement. And this is where two or more renters share a single lease agreement. Both renters are responsible for paying the rent as well as any repairs or damages to the unit that the renter or their guests may have had. For instance, it's up to the renters themselves to determine who is responsible for what portion of the rent, as well as repairs or damages if there is any. This is usually settled with a roommate agreement. For instance, if you had a roommate that moved out as a co-renter, you yourself would still be responsible for paying the entire amount of rent. And if that roommate left when there was damages to the property, you may be responsible for repairing those damages as your name is still under the lease agreement. In an instance like...