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I may get a roommate in my home. Would it be wise to set up a contract?

Question by Jaime B: I may get a roommate in my home. Would it be wise to set up a contract?
I own a home, but with money a little tight, to help with expenses, i was thinking of running to Office Depot/Max and get some type of contract form. Would it be ok? does it have any legal standing if anything were to occur?

Best answer:

Answer by lil_miss
It would be a good idea just to be on the safe side.

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