Free Printable Co-Tenant Agreement Template
Printable Co-Tenant Agreement
November 7, 2055
From: [Your Name]
1234 Maple Street
City, State, 12345
555-123-4567
To: Sarah Johnson
5678 Oak Avenue
City, State, 67890
Dear Sarah,
I hope this letter finds you in good health and spirits. This letter serves as a formal agreement between the two of us for the shared tenancy at 1234 Maple Street. It is important that we establish clear and concise terms and responsibilities to ensure a harmonious living environment.
-
Rent Payment: We agree to equally share the monthly rent payment of $1,200, due on the first of each month. Each party will contribute $600 directly to the landlord's account via bank transfer.
-
Security Deposit: A security deposit of $2,400 was paid to the landlord. Each party has contributed $1,200. This security deposit will be returned to us by the landlord at the end of our tenancy, subject to the condition of the property. Any deductions made for damages will be equally shared.
-
Utilities and Other Expenses: We agree that utility bills will be divided equally. This includes expenses such as electricity, water, gas, and internet services. Each individual is responsible for ensuring timely payment of their share.
-
Household Responsibilities: Cleaning duties and general maintenance of common areas will be shared equally. We agree to communicate openly and cooperate for a tidy and organized living space.
-
Termination: Should either party wish to terminate this agreement, a minimum of 30 days written notice is required. An adjustment for rent and utilities will be made accordingly. Both parties shall remain liable for the property's condition until a replacement tenant is found or the lease term is completed.
-
Conflict Resolution: In case of any disputes or disagreements arising from this agreement, we agree to discuss matters amicably and seek resolution in good faith.
By signing below, both parties acknowledge and agree to adhere to the terms and conditions outlined in this co-tenancy agreement.
Signatures:
[Your Name]
Date: November 7, 2055
Sarah Johnson
Date: November 7, 2055
Please let me know if there are any additional points you wish to discuss or clarify. I look forward to a positive and cooperative living arrangement.
Warm regards,
[Your Name]
