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Updated over 7 years ago,

User Stats

174
Posts
69
Votes
Peter K.
  • Real Estate Broker
  • Raleigh, NC
69
Votes |
174
Posts

Renting out rooms (house hack) what kind of contract?

Peter K.
  • Real Estate Broker
  • Raleigh, NC
Posted

If I were to rent out 2 of the 3 bedrooms I have in a place I own, how would I cover myself (legally) with a contract. Do I draft up a sub-lease and have them have a security deposit and what not just like any other rentals? I feel like there is a way to do this right, not just a verbal agreement but something that is legally binding where you can evict them if you run into issues- but it is a grey area since they'll be renting out a "room" and not the whole house. I'm essentially looking to house hack. 

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