The Iowa roommate agreement attaches a written record to the understanding of a person to occupy a domicile with others for a preset monthly sum. When assuming the obligation to be a roommate in a designated residence, the occupant must be prepared to agree to the terms of the leasing arrangement put forth in the provided document. Although a roommate agreement is not the same as a standard lease agreement, the commitment contained in the contract remains a legally binding accord and is to be followed to avoid any liability associated with breaching the listed responsibilities. The form summarizes the material facts of the transaction, including the names of the involved roommates, landlord, the subject property, security deposits, and utilities responsibility. There are allocated clauses to permit subleasing as well as space to include any alternative provisions that the roommates or landlord would desire to incorporate into the agreement.