These agreements can govern aspects of your personal life that may require some legal intervention to keep things running smoothly, or help you get stuff done. For example:
- If you are the landlord or tenant of a residential space and want to have the terms of your residential lease (how much rent is, where to send rent, what everyone is agreeing to regarding the security deposit) spelled out and legally enforceable, you can’t do without a rental agreement.
- If you’ve already started splitting rent with a roommate, you don’t want to find out that they "can't help" putting their dirty underpants in your bed. You may have carefully vetted the roommate and gained knowledge of their habits, but to prevent this situation in the first place you can both sign a roommate agreement.
- If you aren’t worried about a roommate but the behavior of a random person who is renting your apartment for a month, consider the residential sublease agreement, which will ensure that you don’t have to pay for repairs if the subletter decides to put holes in the walls.
- If you happen to leave town for a trip and decide to rent your parking space and need someone else to do the transaction for you, consider giving them power of attorney to allow them to get things done on your behalf.
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