Roommate Property and Furniture Sale Agreement

What a good one includes

• Full legal names and contact details of both the buying and selling roommates to establish the legal parties involved.
• An itemized inventory list detailing the brand, model, color, and current condition of every piece of furniture or appliance being transferred.
• The exact sales price for the entire bundle or individual items, along with the agreed-upon payment method and deadline.
• The specific date and time when ownership officially transfers and the buyer takes physical possession of the items.
• A clear as-is statement clarifying that the buyer accepts the items in their current state and that the seller provides no ongoing warranties.
• Dated signatures from both roommates to finalize the legally binding nature of the transfer.

Common mistakes to avoid

• Relying on a verbal agreement or vague text messages, which makes it nearly impossible to resolve disputes if an appliance breaks immediately after the move.
• Failing to list individual prices for high-value items, creating confusion if only part of the deal falls through or needs to be returned.
• Forgetting to specify the exact date of transfer, which leaves it unclear who is responsible if an item gets damaged during the move-out week.
• Omitting an as-is clause, leaving the seller vulnerable to demands for refunds if a used item stops working weeks after the sale.

Frequently asked questions