Sharing rent & utilities: agreement template
Split rent and utilities with a housemate, including how someone moves out.
Free to read, no sign-up needed
Shared Housing Cost Agreement (template)
Fill in the “◯” blanks. Party A and Party B are the parties (real names and addresses go in the signature block). This is a general example, not legal advice.
Party A and Party B agree as follows on living together in, and sharing the costs of, the home described below (the "Home"). The Home: ◯ Named tenant on the lease: Party A Article 1 (Cost sharing) Of the monthly rent of $◯, Party B bears $◯. Utility and internet bills are split each month between Party A and Party B in the ratio ◯ : ◯. Article 2 (Payment) Party B shall pay Party B's share on or before the ◯th day of each month, by transfer to the bank account designated below by Party A. Transfer fees are borne by Party B. Account: ◯ Bank, ◯ Branch, ordinary account No. ◯ (holder: ◯) Article 3 (House rules) The parties will keep the following rules for the Home. Rules: ◯ Article 4 (Moving out) A party who is moving out shall notify the other at latest ◯ days before the moving-out date. Article 5 (Settlement on moving out) When Party B moves out, costs up to the moving-out date are settled pro rata by day. Repair costs for damage to the Home caused intentionally or negligently by Party B are borne by Party B.
Create an agreement from this template
The creation screen opens with this template filled in. Every party verifies their identity by SMS or photo ID and signs, and the finalized agreement is kept.
Why keep it in Twosure instead of on paper or in a note
- Every party verifies their identity (SMS or photo ID) before signing, so it is harder to claim “I didn’t sign that”.
- Once finalized, it cannot be changed through the app. Share the verification link and a third party can check the content too.
- You don’t have to meet in person: it takes about 5 minutes on a phone.