Can you live in a two bedroom apartment?

Two bedroom apartments are also ideal for roommate living situations, which, given the often higher-than-average rents in New York, San Francisco, Boston and other cities, are common among college students, graduate students, and, often, young professionals in their mid- to late-twenties, just starting out in their careers.

Can a roommate be a tenant or an occupant?

A “roommate” is a person who, like an occupant, shares a room with a tenant or shares a rental unit or part of it with a tenant. In the ordinary circumstance, a person may reside as an occupant or a roommate in a rental unit with or without the consent of the landlord provided that the tenant also resides in the rental unit.

Are there any issues with renting to multiple roommates?

Renting to multiple, unrelated tenants raises issues when it comes to managing lease agreements, security deposits, rent collection, and tenant screening. Furthermore, conflicts between individual roommates can develop into a hostile living situation that can be a hassle to deal with.

What happens if you share a bathroom with roommates?

It is important to note that if you share a kitchen or bathroom with roommates, and neither the landlord nor their immediate family live in the residence, your living situation is not considered a rooming house, and so long as you are on the lease, you are protected by the RTA. However, the RTA governs only landlord and tenant relationships.

What does it mean to have roommates in coliving?

To combat exorbitant housing costs, people take to the timeless tradition of cohabitating. In short, they get roommates. However, the new housing trend of “coliving” adds a modern twist to this tradition. People have compared coliving to dorm life and communal living.

Can a landlord demand full rent from roommates?

However, agreements between roommates aren’t binding on the landlord: The landlord can seek the full amount of rent from anyone who has signed the lease or rental agreement. Landlords often insert a clause in the lease stating that all tenants are “jointly and severally” liable for paying rent and adhering to terms of the agreement.

Is it better to rent to roommates or co-tenants?

Renting to roommates significantly widens the pool of qualified tenants whose dual income makes living in your rental property more affordable. However, renting to roommates or co-tenants sometimes requires special attention when issues arise between the individuals that could ultimately put your rental property or your rental income at risk.