A simple room rental agreement has to cover a broad spectrum of aspects:
Step 1 – Names and Contacts
First, the lease agreement should start with its name placed in the top center of the page. Then, it should provide information on the parties.
The parties to a room rental agreement are a tenant and the property owner who agree to enter the relationship of renting a room in a house or apartment.
Further, the date of the agreement should be provided.
After that, the room rental agreement should include the contacts of the landlord and the tenant. The necessary info that needs to be provided are emails and phone numbers of each of the parties.
Step 2 – The subject of the rental agreement
The main goal of the room rental agreement should be outlined here. The document should say that the property owner by this agreement rents out the premises to the tenant. The address of the property should follow. After that, the room description has to be included (with the room size and any important features).
Step 3 – Shared and private spaces
An important thing to specify in this section is whether or not there is a private bathroom and parking space designated for the tenant under this agreement.
If the tenant is able to use any shared space at the rental premises like a laundry room, exercise room, storage area, or kitchen, it should be necessarily outlined in the rental agreement.
Step 4 – Guests, Pets, and Other Rules
It is important for the landlord to outline in a room rental agreement any policies and regulations for tenants living in the rental space. One thing commonly included in these sorts of contracts is the number of guests allowed at the rental premises and the permission for them to stay overnight if any. The same goes for pets – any restrictions should be described in the lease agreement.
Step 5 – Amenities provided
Next, the contact should touch on furniture, bedding, dishes, and appliances that are at the tenant’s disposal once they move into their room.
Step 6 – Term of the rent
The room rental agreement template has to be clear in the aspect of rent term and needs to outline whether the rent renewal takes place on a monthly or weekly basis or the lease ends at a specific date.
Step 7 – Rent cost
The amount of rent and periodicity of payments are expected to be specified in this part of the room rental agreement. The sum has to be mentioned in dollars. Another important thing to mention is when the payments are due.
One more important detail to add to a rental agreement is how the utilities are spread between the landlord and the tenant (the landlord can take a part of the utilities or pay all of the bills).
Step 8 – Security Deposit
A standard clause to include in a room rental agreement is the one about a security deposit. It should state how much the tenant should put in a security deposit that can be used for the tenants’ damages to the property, theft, or unlawful termination of the lease agreement.
Step 9 – Subletting
From this step, it should be clear if the tenant is allowed to sublet the rented room to anyone else. the agreement might strictly prohibit it, allow it, or tell that the permission will be given by the landlord on a case-by-case basis.
Step 10 – Signatures and date
By signing this room rental agreement, the parties agree to be bound by its terms and conditions.