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The main difference between an oral contract and a written contract is that it is more difficult to prove the existence of an oral contract. Since an oral agreement is not written, the existence of the terms must be proved by the memory of the parties and other evidence.

Written contracts are critical to a successful business. Contracts help protect both parties from possible legal issues and even lawsuits. They also provide clarity about what will be expected from each party involved in the arrangement, which helps eliminate any confusion about responsibilities or expectations.

I promise to pay 1/__ of the monthly rent. This amounts to $____. The total amount my roommate(s) and I are liable for over the period of the lease is $____, of which my share is $____. I understand that we, as a group and as individuals, are responsible to our landlord for the total rent for the term of the agreement.

Some advantages of a written contract include: Making both parties seriously aware of the effects of the agreement, both when it comes to performance and nonperformance. Preventing misunderstandings at a later date because both parties will have previously articulated their intentions.

Having a written roommate agreement makes everyone take their responsibilities more seriously, and helps avoid the misinterpretations and memory lapses that come with oral understandings. Much of your agreement won't be legally binding?for example, a judge likely wouldn't order your roommate to clean the bathroom.

How to Make Your Own College Roommate Agreement Sleeping and noise. ... Friends and guests. ... Cleaning and allergies. ... Sharing possessions and space. ... Drinking and alcohol. ... Some final tips.