Agreement for renting a room in a shared property with common areas.
This document serves as a formal agreement between the landlord and the tenant for the rental of a room within a shared residential property. It outlines the terms and conditions of the rental arrangement, including rules related to responsibilities, payments, and use of common areas.
This agreement is made on {agreementDate} between:
The Landlord agrees to rent to the Tenant the room located at {rentalAddress}. The rented room is part of a shared property which includes common areas such as:
{#sharedAreas}
{/sharedAreas}
The rental term will begin on {startDate} and will continue:
{#isFixedTerm}until {endDate}{/isFixedTerm}
{^isFixedTerm}on a month-to-month basis until terminated by either party with proper notice{/isFixedTerm}.
The monthly rent is ${monthlyRent}, due on the {rentDueDay} of each month. The Tenant agrees to pay this amount by {paymentMethod}.
A refundable security deposit of ${securityDeposit} is required upon signing this agreement.
The following utilities/services are included in the rent:
{#includedUtilities}
{/includedUtilities}
Other utilities or services not listed will be the responsibility of the {responsiblePartyForOtherUtilities}.
Either party may terminate this agreement by providing {noticePeriod} written notice. Termination must comply with local laws and regulations.
The following individuals also occupy the premises:
Full Name | Relationship | Age |
---|---|---|
{#occupants}{fullName} | {relationship} | {age}{/occupants} |
This agreement is acknowledged and signed by both parties:
Party | Name | Signature | Date |
---|---|---|---|
Landlord | {landlordName} | _________________________ | {signatureDate} |
Tenant | {tenantName} | _________________________ | {signatureDate} |
By signing this agreement, both parties agree to abide by the terms outlined above.
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