Co Housing Lease Agreement

Co-housing is an increasingly popular living arrangement where residents share common spaces like kitchens, laundry facilities, gardens, and sometimes even vehicles. In co-housing, each household has its own private living space and is responsible for maintaining its personal property. However, all residents also benefit from shared spaces and amenities, which fosters a tight-knit community atmosphere.

As with any living arrangement, a co-housing lease agreement is necessary to ensure that everyone is on the same page and that any issues can be resolved quickly and efficiently. Below are some key points to consider when drafting a co-housing lease agreement.

1. Mission and goals of the community: It`s important to outline the purpose of the co-housing community and what residents hope to accomplish through their shared living arrangement. This can include goals like sustainable living, social connections, or simply affordable housing.

2. Rent and expenses: It`s important to clearly outline how rent and expenses are calculated and how they will be split among residents. This can include details about utilities, maintenance, and repair costs.

3. Shared responsibilities: Shared spaces and amenities require shared responsibilities. Outline which spaces and amenities are shared and how residents are expected to maintain and clean them.

4. Guest policies: Every co-housing community is different, and some may have stricter guest policies than others. If your community has specific guest policies, make sure they are outlined in the lease agreement.

5. Conflict resolution: No matter how well a community gets along, there will always be conflicts that need to be resolved. Create a clear process for addressing conflicts, including mediation or arbitration.

6. Move-in and move-out procedures: Make sure everyone is on the same page when it comes to moving in and out of the community. This includes details like security deposits, move-in inspections, and notice requirements for moving out.

Overall, a co-housing lease agreement should outline the expectations and responsibilities of all residents, while also fostering a sense of community and shared values. By taking the time to draft a comprehensive lease agreement, co-housing communities can establish a strong foundation for living together harmoniously.