Wednesday, September 7, 2011

Renting with a Roommate

When renting an apartment with a roomate, there are several things you should consider.

- The both of you understand the terms of the lease
- The amount each of you will owe for rent each month
- That if one of you does not pay the rent, the other is responsible for the full amount
- If the roommate moves out you will be responsible for the full lease
- Any new roommate will need to be approved by the owner, and a new lease will need to be signed
- Any unauthorized roommate is not considered responsible for fulfilling the lease term

* Compiled from the Texas Apartment Association website