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Roommate Buyout Agreement Generator
A handshake is nice, but a written agreement is better. This tool calculates a fair buyout and produces a printable receipt you and your roommate can sign, keeping things clear and amicable.
Tell us about it
in $ USD$500.00
$
1
5
0
50%
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Estimated Buyout
$200.00
50% keep50% depart
In plain English
You paid $500.00 for it, and it is now 1 years old with a base value of $400.00. After adjusting for condition, the departing 50% owner is owed $200.00.
How we got there+
| Depreciated base value | $400.00 |
| Condition-adjusted value | $400.00 |
| Leaver's share | 50% |
| Final buyout | $200.00 |
Estimates only, not legal or financial advice. Double-check figures with a qualified professional.
How we got there
— Roommate Buyout Agreement GeneratorMethodology reviewed: August 17, 2026 · Source: Corporate Finance Institute — Straight-Line Depreciation
Frequently asked questions
Q.Is the generated document legally binding?▾
The document is a receipt that records your agreement. It is not a legal contract, but having it in writing helps avoid future disputes.
Q.What information does the PDF include?▾
It lists the item, the original price, the depreciated value, the ownership share, and the final buyout amount. There are also signature and date lines.
Q.Do both roommates need to sign?▾
Yes. Both parties should sign and date the document. Each person should keep a copy, either printed or as a PDF.
Q.Can we use this for multiple items?▾
Run the calculator for each item and generate a separate PDF for each. Or combine items into one calculation with a total price.
Q.What if we want to add extra terms?▾
You can write additional terms on the printed document. Both parties should initial any handwritten additions.
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