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Renting with Roommates Made Easy

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Are there special considerations for rental roommates?

Renting with Roommates Made Easy

Finding a roommate is easier than ever thanks to sites like roommates.com, where your profile will be matched with others who share your likes and dislikes. It's safe, secure and confidential, plus roommates are a great way to reduce expenses! But there are a few things you need to know if you are considering a rental and roommate.

  1. An apartment roommate will need to be approved. Check the lease and speak to management in advance if you have any questions. Make sure the apartment allows roommates.
  2. Obtain written approval from the apartment before moving! Many apartments require a roommate be added to the lease while others require a full credit and background check. Understand what your rights and responsibilities are in advance and obtain written verification that you are approved.
  3. Ask how a roommate will affect your renters insurance policy. It's easy to forget, but an important precaution. Renters insurance is inexpensive and covers your belongings against theft or unexpected loss.
  4. Understand the deposit and other rental payment issues. If your apartment roommate causes damage or breaks a lease what does that mean to you? Depending on the terms of the lease, you could be held responsible so know what you are signing in advance.

   

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