An Arizona room rental agreement will cover problems such as security deposit requirements, shared utilities, rent, and more. The Planning and Development Department's SHAPE PHX customer portal will begin accepting shortterm rental permit applications.3. A civil penalty of three times the monthly rent of the housing accommodation involved in the violation if the violation is determined to be intentional. An Arizona room rental agreement defines and documents the terms and conditions of a rental arrangement for a specific room within a residential property. Follow the steps on how to rent out a room properly from start to finish, and you will have a much more successful experience. Residential Rental is the rental of real property for a period of 30 or more consecutive days for residential purposes only and not commercial.