Types of Living Arrangements
Joint Leasing vs. Individual Leasing
You and your roommates are liable for one another in the event that one roommate cannot pay their portion of the bill. All bills (rent, utilities, cable and internet) for the unit are split between you and your roommates.
Unlike a joint lease, your name is the only one that goes on the lease and you are responsible for only your portion of the rent and utilities. If a roommate moves out, you are still only liable for your portion.