There are many advantages to living with roommates, the most obvious of which is sharing costs. Splitting expenses such as rent, electricity, TV and internet can substantially reduce your cost of living. Another advantage is companionship, as it can be comforting to have someone to talk to when you get home. Roommates may also help you feel a greater sense of security. It is reassuring to know that there is someone there in-case of an emergency or if you happen to lock yourself out of your place.
When deciding whether or not to move in with a roommate, it can be helpful to meet with the person before committing. When it comes to roommates, the characteristics of the home are less important than the compatibility of the people.
Living with a roommate can be great – if it’s the right roommate. In the Resources section, there is a Roommate Checklist. You can use this document when you are considering a potential roommate. Your objective is to learn more about the person and to assess how compatible you will be.
Keep in mind the Residential Tenancy Act has different rules for rental units that are shared. There is a big difference between roommates sharing a place with one tenancy agreement, versus roommates sharing a place with separate agreements. You can learn more about this in Section 4.