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I will draft co tenancy agreement with move out protocols, deposit rules as US attorney
Your Licensed US Attorney for Ironclad Co Living Agreements
I am Lynn Costales (Bar No. 005937), a licensed US attorney specializing in contract law and residential agreements. Navigating shared housing can be financially and legally complex. I provide clear, ...
About this Gig
The most overlooked part of any shared housing arrangement is the exit strategy. As a licensed US attorney, I specialize in drafting co-tenancy agreements that focus on the most contentious issues: move-out procedures and the fair allocation of the security deposit.
This service is more than a standard roommate agreement. Its designed for long-term renters or property co-owners who need clear, enforceable rules for when one person wants to leave, how the lease will be handled, and exactly how the security deposit is returned and divided.
My Custom-Drafted Agreement Will Clearly Define:
- Notice Periods: How much notice a departing tenant must give.
- Lease Responsibility: Who is responsible for finding a replacement tenant.
- Deposit Allocation: Rules for deducting damages and splitting the remainder.
- Buyout Procedures (Premium): Terms for one partner buying out the other's share.
Prevent the #1 cause of roommate disputes and lawsuits. A clear agreement on exit procedures ensures a smooth, professional, and financially fair separation. Protect your investment and your security deposit.
Order now.
Legal consulting Gigs are not screened
Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Pro freelancers in this category have gone through a vetting process. You can find more details here.
FAQ
What's the difference between this and a roommate agreement?
This agreement is more robust, focusing heavily on the "what ifs" of ending the tenancy. It's ideal for joint-lease holders or property co-owners where the financial stakes are higher.
Our landlord holds the security deposit. How can this help?
This agreement governs the relationship between the tenants. It creates a binding contract on how you will split the deposit after the landlord returns it, including fair deductions for damages caused by a specific person.
What is a "buyout option" in the Premium package?
This is for tenants who are co-owners of a property. It's a pre-agreed formula or process for one owner to buy the other's share if they decide to leave, preventing a forced sale.
Can this be added to our existing roommate agreement?
Yes, the Basic package is perfect for that. I can draft the move-out and deposit clauses as an addendum that you can all sign and attach to your current agreement.
Is this valid for both renting and owning?
Yes. The Standard package is tailored for renters on a joint lease. The Premium package is specifically designed for co-owners of a property to protect their equity and investment.
What information do you need to start?
I'll need the tenants' names, property address, security deposit amount, lease end date, and any specific concerns or scenarios you want to address in the exit plan.
