The New Jersey roommate agreement is a binding contract between roommates that defines the rights, responsibilities, and living conditions agreed upon by all occupants. In the contract, the roommates can decide how they’d like to split the rent payments as well as which utilities they agree to split equally. The agreement may also be used to establish policies concerning the use of shared spaces or to establish a schedule for cleaning and general property maintenance. Setting forth rental conditions in this binding agreement ensures the occupants are aware of their rental obligations, thus avoiding any conflict or disagreements between roommates.