ANSWERS: 1
  • <h4 class="dechead">On One Hand: Split Rent Equally

    In an ideal situation, homeowners or renters will charge roommates an equal share of the rent or mortgage, based on how many rooms the roommate occupies. Roommates also typically split common household bills, such as utilities, telephone and premium television or internet service, equally between all occupants. For the sake of convenience, many people include common bills in the cost of rent charged to a roommate.

    On the Other: Rent Depends on the Situation

    Certain circumstances make an equal split of rent based on rooms impractical. For example, if one person has a master bedroom or one person must share a bathroom while another does not, the person with a smaller bedroom or shared bathroom would probably pay less. Some people paying a mortgage can even charge more than an equal split in order to make some profit.

    Bottom Line

    There are no specific laws governing how much to charge a roommate, except in the case of rent controlled apartments. The only requirement is that both parties agree on the price before a roommate moves in. To avoid conflicts, it is best to get a signed written agreement.

    Source:

    NY Times: Charging Rent for a Spare Room

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