I have decided to rent the spare room in my Dublin two-bed townhouse. Money is not main motive, so I have verbally agreed rent about 50% of market rate. Person due to move in soon but has messaged me asking to discuss Contract. I don't want to complicate things by getting solicitor involved. Should I simply write out what we verbally agreed and both of us sign it? What I said was the € monthly rent paid in advance, no deposit, contribute 1/3 of Electric bill and zero contribution for tv, WiFi and bins, tenant can terminate whenever they want with months rent returned pro-rata but also that if it's not working out for me then would they be able to leave at short notice. Prospective tenant agreed to this but their request for a contract is a formality that makes me nervous. If it gets complicated I'll just forget about it altogether. Over the last few years I've done the house up to a very high standard so it's a great deal for the person.
Advice on the above plus any general advice about the Rent-a-Room would be appreciated. I'm a recent OAP and the prospective tenant is a mature student.
Advice on the above plus any general advice about the Rent-a-Room would be appreciated. I'm a recent OAP and the prospective tenant is a mature student.
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