Having a friend as a roommate - Landlord Forum thread 352904

Having a friend as a roommate by venkatdabri on June 23, 2017 @17:39

Hello,
One of my good friends have moved in as a roommate. I have known her for many years and don't have a lease signed with her but she pays me rent on time. I was wondering as to is having a lease very necessary? I am not super concerned about her not paying rent since if she is in financial difficulty I would like to help her out. However, in case I do have to ask her to leave do I have any disadvantage in case I don't have a lease? I assume normal tenant's right of having a 60 day notice will be needed and I have no issue with that. Also will this be a problem with my home insurance in anyway like if she burns down the house will this be a problem with insurance. Or if she falls down a flight of stairs can her insurance sue me etc.?

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Re: Having a friend as a roommate by rick on June 23, 2017 @21:17	[ Reply ]

I would have her sign a lease as it will help you should relationship sour. Also could play a part in liability issues, as you suggested. You could just tell her its for tax and insurance purposes if she questions why.