Document background
The Lodger's Agreement is essential for homeowners in the United States who wish to rent out one or more rooms in their primary residence while continuing to live in the property. This arrangement has become increasingly common due to rising housing costs and the growth of the sharing economy. The document provides a clear legal framework for both parties, outlining rights, responsibilities, and practical arrangements for shared living. Unlike a standard residential lease, a Lodger's Agreement typically grants fewer rights to the occupant while maintaining more control for the homeowner. The agreement covers crucial elements including payment terms, use of common areas, house rules, and termination procedures, while ensuring compliance with relevant state laws and regulations. This document type is particularly useful for short to medium-term arrangements and situations where flexibility is desired by both parties.
