Is a Roommate Agreement Different From a Lease or Rental Agreement?

This question is about Room Rental Agreement

Is a Roommate Agreement Different From a Lease or Rental Agreement? on iPropertyManagement.com

Yes. Leases and rental agreements are different from roommate agreements.

A rental agreement secures a tenancy for a short period of time, typically a month. A lease secures a tenancy for a longer period of time, typically a year. A roommate agreement binds the tenants that are collectively renting from a landlord.

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The information for this answer was found on our Room Rental Agreement answers.