01

Resident Costs

Residents in shared housing share costs associated with maintaining the housing unit such as rent and utilities. Each resident’s portion of the rent must be proportional to the amount of private space the resident occupies (their unit) in relation to the other tenants.

 The overall size of the resident’s unit is dictated by the resident’s preferences, available income, and the cost of rent and utilities. While many tenants will want their own bedroom, they may, in some cases, voluntarily agree to share a bedroom. What’s important to remember is that shared housing is a short term rental housing, in that the resident signs an agreement for their unit, and the shared common spaces.

02

Resident Responsibilities

Shared housing residents participate in the governance and management of the home. This may include participation in a resident’s council, establishing and updating bylaws and house rules and participating in certain aspects of home management, e.g. cleaning, shopping, meals planning/preparation, landscaping, gardening, or minor maintenance.

Other aspects of shared housing governance and management are covered in shared housing Governing Documents, including a resident occupancy agreement (available upon request). Some aspects covered include policies on rents, utilities, vehicles, guests, pets, extended absenteeism, conflicts resolution, and etc. 

 

03

Other Questions

Any additional questions can be answered by contacting us.