Congrats on taking action and getting into the game! In my opinion, it is hard to be completely fair when you are splitting up utilities.. I recommend to split the utilities two ways evenly and MAKE SURE to include it in the LEASE. That way, everyone would attempt to be conservative with gas/electricity/heat/AC. That seems the most fair to me.
Also, you should look at using some of the repair/CapEx fund from your first year to just pay to have each side metered.. Here is a discussion I have referenced multiple times talking about the costs for doing such a thing. Good luck with your endeavors and Go Orioles!
Thanks Sean, much appreciated!
Originally posted by @Tarik Nabi :
I recently purchased a duplex and realized (...) that there is a single gas line and a single thermostat.
Can anyone give me advice on how to structure the leases for the two tenants to account for this. The duplex is in Baltimore city, MD.
I agree with Sean.
I have been dividing the bill evenly between renters and had no problem in 12 years, so you should be fine.
@Ozzy Sirimsi Thanks I think I’ll do that.
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