THIS LICENCE TO OCCUPY is entered into on 06 October 2022
(1) PARTY_1_NAME whose address is at PARTY_1_ADDRESS_SINGLE_LINE (the "Licensor")
(2) PARTY_2_NAME whose address is at PARTY_2_ADDRESS_SINGLE_LINE (the "Lodger")
The Licensor shall let and the Lodger shall occupy the Premises for the Term of Licence (as defined below) with furniture, fixtures, fittings and equipment therein (as per Schedule, if any) in clean and tenantable condition to the Lodger for residential purpose.
The Licensor hereby grants to the Lodger personal permission to use the ROOM (the "Space") and the non-exclusive use of the Communal Areas (as defined below) at ADDRESS (the “Premises”) and the fixtures, fittings and equipment therein (as per Schedule, if any) as the Licensor shall from time to time designate for a term of TERM months, commencing on COMMENCEMENT_DATE and expiring on END_DATE.
"Communal Areas" means COMMUNAL.
2. Licence Fee
2.1 The Licence Fee is CURRENCY RENT per month to be paid in advance, the Licence Fee includes furniture, fixtures, fittings and equipment, and other items and fees as listed in the Schedule.
2.2 The Lodger shall make the payment in full, the Licence Fee is payable prior to the first day on or before COMMENCEMENT_DATE. Without prejudice to any other right or remedy of the Licensor hereunder the Lodger shall pay to the Licensor on-demand daily interest at the rate of two percent (2%) per annum over the best lending rate from time to time in JURISDICTION_STATE in respect of any of the payments not paid on the due date of such payment to the Licensor hereunder and such interest shall be payable from the date upon which such payment ought to have been paid up to the actual date of payment. If the Licence Fee has not been paid for more than 7 days, the Licence can be terminated by the Licensor, who is not required to return the said deposit.