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Iowa Roommate Contract

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Iowa Roommate Contract

This document is designed to provide its users the opportunity to establish some guidelines

related to the details of their living arrangements. Users are encouraged to spend quality time

discussing each section, being as forthright and honest with their opinions as possible.

This agreement, made on

, is a contract between:

co-tenants at,

managed by:

Address of Unit

Name of Property Manager

I understand that I am entering into a legally binding agreement with my roommates. I also

understand that we, as a group, and I, as an individual, am responsible to the manager, the utility

companies, the telephone company, and each other.

Term or Period of Agreement

This agreement is to begin on

for a term lasting from

. I fully

understand and accept the rules and responsibilities of this agreement.

Security Deposit

This security deposit for the dwelling is $

. My share amounts to $

. I

understand that this amount will be returned to me less the amount deducted by the manager for

unpaid rent and/or damages. I accept responsibility for damages, which I, my pet, or a friend of

mine causes, and I will reimburse my roommate(s) for the part of their security deposit withheld

for those damages.

Rent

The total rent according to the terms of our lease agreement with our manager for the dwelling is

per month. I agree 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 I, as an individual, am

responsible to the manager for the total rent for the term of the agreement.

Utilities

I agree to pay 1/

of the deposits and/or hook-up charges for all utilities.

I agree to pay 1/

of the monthly utility bills except telephone.

I agree to pay 1/

of the monthly telephone service charge, plus all long distance calls that

I make and the taxes on those calls.

I agree to pay as follows for any additional utilities:

Iowa Roommate Contract

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