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Room Rental Agreement

This document is part of the Package "Residential Landlord Toolkit" | 22 docs included
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Room Rental Agreement
Room Rental Agreement Package







This document provides both standard room-rental

terms and customizable terms to suit any situation









ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY,

EXPRESS, IMPLIED, OR OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND

COMPLETENESS. They are for guidance and should be modified to meet your needs and the

laws of your state. Use at your own risk. Docstoc and anyone who participated in providing or

modifying any form is not creating or entering into an Attorney-Client relationship. Docstoc

© Copyright 2011 does Inc. 1

Docstoc not provide legal advice. The information and forms are not a substitute for the advice of

your own attorney.

Room Rental Agreement Package Contents





Information……………………………………………………………………………………...3

Checklist………………………………………………………….………………..……………5

Instructions…………………………….……………………..………………………………...6

Agreement……………………………………………………………………………………….9









© Copyright 2011 Docstoc Inc. 1

INFORMATION



ROOM RENTAL AGREEMENT









Renting a room can be a great way to bring in extra cash. Not only does it help you as the

landlord, but it’s great for the renter as well. Rent prices for rooms are less expensive than for

apartments, and often have the same amenities.









Once you have decided to rent a room in your home, you will need to get the word out.

Publishing an ad in your local paper, word of mouth, or even posting a notice at the local

college are great options. Outline some of your most important rules, so the renters that

respond to the ad will have a pretty good idea of what they are applying for. You will want to

make it clear that they will be renting a room in a private home, and you will want to mention

deal-breakers like non-smokers only, or females only. You may want to mention what the

kitchen and bathroom set up will be. Will the renter have access to the kitchen at all times,

will they have their own outside entrance, and will they have their own bathroom or will they

have to share?









Having a signed rental agreement is key. That way the landlord can not only set out the rental

terms (rent, term of lease, etc.) but they can include the “house rules.”









The legal relationship created is much in the same as a lease or rental agreement. The

landlord (homeowner in this case) is creating a landlord/tenant relationship with the tenant

(person renting the room). Therefore, the landlord should be mindful to adhere to landlord

tenant laws when dealing with their renter. Concepts like charging fair rent, not over-

charging for late fees, keeping the premises safe and habitable still apply. By the same token,





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the renter has rights as well. For instance the renter has a right to “quiet enjoyment” of the

premises, and the premises must be kept in good repair by the Landlord.









From a tax perspective, even though the rental is in your own home, the rent received by the

renter is income and needs to be treated as such.









Needless to say, substantial care should be taken in choosing your renter. This person will

have access to your home and all of your belongings. Failing to make a solid choice could

prove disastrous. Make sure that your renter is of legal age to enter into a contract.

Depending on what state you live in, the renter needs to be 18 or 21 to legally enter into a

contract.









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CHECKLIST

For Room Rental Agreement









1. Prepare an ad for renting your room;

2. Interview (carefully) prospective tenants.

3. Do your homework on your prospective tenant, check credit, references.

4. Have tenant sign Room Rental Agreement, and makes sure they understand all the

provisions.

5. Keep the original document in a safe place; make sure tenant keeps a copy as well.









© Copyright 2011 Docstoc Inc. 4

INSTRUCTIONS



FOR COMPLETING ROOM RENTAL AGREEMENT









1. Enter the day, month and year. Fill in your name as “Owner”, and your new tenant’s

name under “Tenant.”







2. Enter the address of your home (where you will be renting the room).





3. Enter the first day of the tenancy, the length of time that this rental agreement will be

in effect (1 year for instance), and the end date.





4. Enter the amount of the rent, the date it will be due every month and when rent will start.





5. This addresses a grace period for paying rent. If the tenant does not pay their rent by the

first of the month, for instance, they will have 5 days (for instance), to pay the rent in full

for that month.





6. Enter the amount of late fee you will charge. This is a common area of contention

between landlords and tenants. The rule of thumb here is to make sure that the amount of

the late fee is reasonable and in line with whatever damages you would experience by the

rent being late. For instance, perhaps you may bounce a check, so to cover the charge for

that would be $10.00. To charge $100. late fee would be out of line and could be

unenforceable if it was challenged in court.





7. Enter the highest amount you would charge for a late fee for rent.





8. Enter the amount you will charge if your tenant bounces their rent check.



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9. Security deposits are optional, and you certainly could charge one. As with late fees,this

is a common area of contention between Landlords and Tenants and usually is equal to

one month’s rent.







10. In this agreement the tenant is responsible for utility charges.





11. The space is only to be used as a private residence.





12. Enter the amount of time a tenant is allowed to entertain a guest. Enter the maximum

amount of time the Tenant is allowed to have a guest.





13. Tenant agrees that the premises are in good repair.





14. Tenant agrees to keep premises in good repair.





15. Tenant will notify the owner of any defects with the premises.





16. If the tenant causes any damages, tenant will pay for it.





17. This provisions means that even if the tenant isn’t there, they still have to pay rent.





18. If for some reason the space becomes unavailable or is damaged, the landlord will return

whatever rent was paid in advance and the agreement is canceled.





19. The tenant cannot rent out the space (sublet).





20. Landlord cannot enter the tenant’s space unless it is an emergency, or to make repairs.

Landlord must give reasonable notice to tenant prior. Tenant is not allowed to change the

locks without notifying landlord. Be sure as a landlord to adhere to your tenant’s right to

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privacy. Violations of this have actually caused lease agreements to be broken in a court

of law in favor of the tenant.





21. Tenant is entitled to “quiet enjoyment” of the premises.





22. Tenant should not make repairs without consent of the landlord.





23. If the premises become severely damaged, the agreement will be cancelled. Landlord (fill

in amount of days) needs to give notice of the cancellation. If the damage is because of the

tenant, the tenant will be liable for the damages. Tenant should carry renter’s insurance.





24. If any matter is ever litigated with respect to this agreement the prevailing party will be

entitled to attorney’s fees.





25. Enter the address where all official notices are to be mailed..





26. Signature Block: Both parties should sign the agreement in the presence to two

witnesses. The requirement for witnesses varies from state to state so check your local

laws. The landlord should retain the original agreement for their records and a copy

should be provided to the tenant.









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[Room Rental Agreement]









© Copyright 2011 Docstoc Inc. 8

ROOM RENTAL AGREEMENT



This room rental agreement, (the “Agreement”) is made and entered into on the _____ day of

______________, 20____ between _______________ (hereinafter referred to as the “Owner”)

and ________________ (hereinafter referred to as the “Tenant”).



1. Subject to the terms and conditions contained herein, the Owner hereby does rent to the

Tenant and the Tenant hereby rents rent from Owner, for residential purposes only, the

premises known municipally as (the “Premises”). [Include

description of room(s) being rented in relationship to the rest of the house; i.e. second floor

bedroom on Northwest side]



PREMISES LOCATED AT:





(Address)





2. The term of this Agreement shall commence on the ____ day of _________, 20____, and

shall continue for a period of _______________ (_____) days/months thereafter and shall

terminate on the _____ day of ______________, 20_____.



3. The Owner and the Tenant hereby acknowledge and agree that the Tenant shall pay to the

Owner, the sum of _______________ ($________) payable in advance, as rent, on the _____

day of each and every months, commencing on the _____ day of _____________, 20____.



4. The Owner and the Tenant hereby acknowledge and agree that should the Tenant fail to

make payment of the rent in full on the day that such rent is due and payable to the Owner;

the Tenant hereby agrees to pay to the Owner the rent in full within _____ (___) days after it

is due. (Commonly known as “grace period”)



5. Tenant hereby acknowledges and agrees to pay to the Owner a late charge of ___________

($____) Dollars plus ___________ ($_____) Dollars for each additional day that the rent

continues to be overdue.



6. The Owner and the Tenant hereby acknowledge and agree that the total late charges that may

be paid by the Tenant to the Owner for any one (1) month period shall not exceed the sum of

___________ ($______) Dollars. This provision does not waive the right of the Owner to

demand payment of the rent in full on the day it is due and payable.



7. The Tenant hereby acknowledges and agrees to pay to the Owner the sum of

______________ ($_______) Dollars for any check returned for insufficient funds or is

otherwise not negotiable. Landlord may also charge late fees if applicable.







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8. Owner and Tenant hereby agree that the Tenant shall pay $_____as a security deposit for the

premises, and said amount shall be returned at the end of the tenancy to Tenant unless Tenant

has failed to pay for damages, (normal wear and tear exceptd) In said event, the amount of

damages shall be subtracted from the security deposit, with the balance paid to Tenant.



9. The Owner and the Tenant hereby acknowledge and agree that the Tenant shall pay no

security deposit in respect of the Premises.



10. The Owner and the Tenant hereby acknowledge and agreement that the Tenant shall be

solely responsible for payment of all utility charges and shall pay in full, such utility charges

on the day that they are due.



11. The Tenant hereby acknowledges and agrees that the Premises are to be used only by the

Tenant as a private residence for the Tenant(s) named in paragraph one (1) above. The

Tenant further hereby agrees that he/she will not use the Premises for any other purpose

without the Owner's prior written consent.



12. The Owner and the Tenant hereby acknowledge and agree that the Tenant may have a guest

stay on the Premises with the Tenant for a period up to _______ (___) months during any

one year period. Occupancy by a guest staying more than ______ (___) months is prohibited

without Owner's written consent and shall be considered to be a breach of this Agreement.



13. The Tenant hereby acknowledges that he/she has examined the Premises, including carpets,

drapes, and paint, and have found them to be in good, safe and clean condition and repair.



14. The Tenant hereby acknowledges and agrees to keep the Premises in good order and repair,

and, upon termination of tenancy, to return the Premises to Owner in a condition identical to

that which existed when Tenant took occupancy, except for ordinary wear and tear.



15. The Tenant hereby acknowledges and agrees to immediately notify the Owner of any defects

or dangerous conditions in or about the Premises of which he/she becomes aware.



16. The Tenant hereby acknowledges and agrees to reimburse to the Owner, on demand by the

Owner or his or her agent, for the cost of any repairs to the Premises damaged by Tenant, or

their guests or invitees.



17. The failure of Tenant to take possession of the Premises shall not relieve him/her of their

obligation to pay rent pursuant to the terms of this Agreement.



18. In the event the Owner is unable to deliver possession of the Premises to Tenant for any

reason not within Owner's control, including but not limited to, failure of prior occupants to

vacate as agreed or required by law, or partial or complete destruction of the Premises, the

Owner shall not be liable to the Tenant, except for the return of any sums previously paid

hereunder by the Tenant to the Owner in the event the Tenant chooses to terminate this

Agreement as a result of the Owner's inability to deliver possession.









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19. The Tenant hereby acknowledges and agrees that he/she shall not sublet any part of the

Premises or assign this agreement without the prior consent of Owner.



20. The Tenant hereby acknowledges and agrees that the Owner or the Owner's agents may enter

the Premises in the event of an emergency, or to make repairs or improvements to the

Premises to prospective purchasers or tenants. Except in case of emergency, the Owner shall

give the Tenant reasonable notice of its/his/her intent to enter the Premises. In order to

facilitate the Owner's right of access, the Tenant shall not, without the Owner's prior written

consent, alter or re-key any locks to the Premises. At all times the Owner or the Owner's

agent shall be provided with a key or keys capable of unlocking all such locks and gaining

entry to the Premises. The Tenant further hereby acknowledges and agrees to notify the

Owner if he/she installs any burglar alarm system including instructions on how to disarm it



21. The Tenant hereby acknowledges and agrees that the Tenant shall be entitled to the quiet

enjoyment of the Premises. The Tenant shall not use the Premises in such a way as to violate

any law or ordinance, commit waste or nuisance, or annoy, disturb, inconvenience, or

interfere with the quiet enjoyment of any other tenant or nearby resident.



22. Except as provided by law or as authorized by the prior consent of the Owner, the Tenant

shall not make any repairs or alterations to the Premises.



23. In the event the Premises are damaged by fire or other casualty covered by insurance, the

Owner shall have the option either to repair such damage and restore the Premises or give

notice to the Tenant at any time within ______ (____) days after such damage terminating

this Agreement as of a date to be specified in such notice. In the event of the giving of such

notice, this Agreement shall expire and all rights of the Tenant pursuant to this Agreement

shall terminate. The Owner shall not be required to make any repairs or replacements of any

property brought onto the Premises by the Tenant. The Tenant hereby agrees to accept

financial responsibility for any damage to the Premises from fire or casualty caused by the

Tenant’s negligence. The Tenant hereby acknowledges and agrees to carry a standard renter's

insurance policy from a recognized insurance firm or as an alternative, warrants that he/she

will be financially responsible for losses not covered by the Owner's fire and extended

coverage insurance policy. Damages or plumbing stoppages caused by the Tenant’s

negligence or misuse will be paid by Tenant.



24. In any action or legal proceeding to enforce any part of this Agreement, the prevailing party

shall recover reasonable attorney's fees and costs.



25. The Owner is hereby authorized to manage the said Premises for the purposes of service of

process and for the purpose of receiving all notices and demands, at the address indicated

below.









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THIS AGREEMENT has been executed by each of the parties hereto, on the day and

year first written above.









Witness: Owner







Witness: Tenant









© Copyright 2010 Docstoc Inc. 12


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