oboloo Glossary

Lodger Agreement

oboloo Glossary

Lodger Agreement

A Lodger Agreement is a legally binding contract between a landlord and tenant. It grants the tenant the right to live in the landlord’s property on a temporary basis in exchange for monetary compensation. A Lodger Agreement stipulates important details such as the length of stay, the amount of rent to be paid (and when it must be paid), any potential restrictions on bringing guests into the property, and how any damage caused by the lodger will be managed. The agreement helps protect both parties involved by providing an enforceable set of rules that ensure everyone’s rights are respected.