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Satyam Mistry
  • Investor
  • Omaha, NE
139
Votes |
130
Posts

Cozy Rent Collection for Roommates

Satyam Mistry
  • Investor
  • Omaha, NE
Posted

What is the best way for collecting rent with roommates when using Cozy? We do have each tenant submit a separate application including background and credit check. 

When using Cozy for 3/4 roommates in a single family home do you have 1 person responsible for submitting full amount of rent or setup each of the tenants accounts and collect separate payments?

If doing separate accounts if 1 of the tenants does not pay does the eviction just apply to that tenant or if any of the tenants do not pay does that breach the lease agreement for all occupants?

I like the idea of having all applicants included on the lease, but having 1 person on the Cozy account that is submitting payment in full for all as it would be cleaner and easier to manage. Curious as to how others are going about this type of setup.

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