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Types of Living Arrangements

Joint Leasing vs. Individual Leasing

Joint 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.

  1. Houses
  2. Condominiums
  3. Duplexes

Individual leasing
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.

  1. Residential Life
  2. Apartment Buildings
  3. Townhomes