Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

16
Posts
1
Votes
Igor Nastaskin
  • Santa Maria, CA
1
Votes |
16
Posts

What terms to add to lease for roommates?

Igor Nastaskin
  • Santa Maria, CA
Posted

Hi, I have 5 students/roommates apply for tenancy (in California) for one of the units of a fourplex in California. 3 students have cosigners (parents), one cosigner is architect and one is an out of state judge. This is my first time leasing to roommates - is this a good idea? My pm provided a standard california rental agreement - what extra terms must I include for my protection?

Thank you!

Most Popular Reply

User Stats

667
Posts
587
Votes
Julie Hartman
  • Property Manager
  • Denver, CO
587
Votes |
667
Posts
Julie Hartman
  • Property Manager
  • Denver, CO
Replied

@Igor Nastaskin I would not recommend adding extra stipulations in your lease for roommates, if you do, that could be construed at discriminatory. While roommates are not a separate protected class, the individual applicants may be part of a protected class and the last thing you want is to appear to go against fair housing. You want to make sure your policies are applied equally among all applicants/tenants. Just as @Rick Albert said, follow the same process and have them on the same lease. This way, if one leaves, they are all equally responsible until a replacement is found. Sounds like the co-signors are solid, so it should be fine. 

Loading replies...