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Updated almost 13 years ago on . Most recent reply

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Seth Crosby
  • Saint Charles, MO
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Agreement between shared renters?

Seth Crosby
  • Saint Charles, MO
Posted

Hi does anyone have a link to a contract that shared-apartment renters can sign BETWEEN themselves to project themselves if one renter leaves the apartment?

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Bill Patterson
  • Real Estate Investor
  • Portage, MI
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Bill Patterson
  • Real Estate Investor
  • Portage, MI
Replied

I think that Seth was looking for an agreement that would help establish standing in the event that one tenant paid their landlord for another tenant's share of rent and expenses and wanted to go to court to collect from the dead beat tenant. This is not a bad idea. I used to rent to over 500 college students and every once in a while this situation arose. Roommates are a crap shoot at best, even when you think that you know them well!
Bill

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