A Roommate Agreement is a legally binding document between two or more roommates that outlines each party’s rights and duties. It helps roommates avoid potential conflicts and disagreements by setting expectations for behavior, finances, and other matters. Roommate agreements can be written or verbal, but written agreements are recommended as they provide a written record of all expectations. Types of Roommate Agreement include: basic roommate agreement, residential lease agreement, and sublease agreement. A basic roommate agreement typically outlines rules for living together, such as noise levels, pet ownership, visitors, and shared expenses. A residential lease agreement is a rental agreement between a landlord and tenant that outlines the rights and responsibilities of both parties. A sublease agreement is a rental agreement between a tenant and a subtenant that outlines the rights and responsibilities of both parties.