The Louisiana roommate agreement regulates the intrinsic obligations reflected in the exchange of occupancy in a shared rental unit for a compensatory dollar amount. When splitting the use of a home along with the included utilities use, it is advisable that the involved parties set the terms to the arrangement prior to moving into the residence. Spelling out the duties, privileges, and allocated private space of each roommate on paper is a concerted effort to prevent disputes and provide accountability. The contract consigns the names of those residing on the property, the owner and/or property manager, utilities and services assignment, and security deposit. The document additionally serves to cover regulation for property use, and procedure for remitting payments.