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Life can become very unpleasant and you may also stand to lose financially. Here are some things you should know regarding your lease and your obligations as a roommate: The roommates who sign a lease together are jointly and severally responsible, which means that one roommate is not only responsible for his/her own share of the rent but for the total rent, in case another roommate cannot pay or moves out. It also means that you are held responsible for complying with all the terms of the.

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