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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
1
5
0
50%
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 share50%
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 Generator

Methodology 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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