Paying Guest Agreement

Updated at:March 2010
 
FREE EXCERPT

PAYING GUEST AGREEMENT

BETWEEN

___________________________

AND

___________________________

Re: One room in Flat No. _______________________

AGREEMENT made at ________________ this ____________ day of _____________________ 2000 BETWEEN Mr. ___________________ hereinafter referred to as "the Owner" of the One Part AND (i) Mr. ____________________ and (ii) _____________________________ hereinafter referred to as "the Paying Guest" of the Second Part;

WHEREAS the Owner is seized and possessed of and is occupying Flat No.____ on the ______ floor of the building named and known as ___________ situated at ____________________ _____________;

AND WHEREAS the Paying Guest have requested the Owner to allow them use of one bedroom in the flat in the aforesaid premises for their own use only on a temporary basis on the terms and conditions hereinafter written.

NOW THIS AGREEMENT WITNESSETH:

  1. The Owner hereby agrees to permit the Paying Guest to use one bedroom in the aforesaid premises being Flat No._________ in _______________ situated at __________________________________________ together with the use of the attached bathroom, on paying guest basis.

  2. This Paying Guest Agreement shall be for a period of _________________ only commencing from ______________________.

  3. The Paying Guest shall pay an amount of __________________ (Rupees _____________________________________ only) for every quarter (Three months). The charges shall include the use of bathroom, and other incidentals and society charges. The Paying Guest have agreed to pay the entire electricity bill, less an amount of Rs.200/- (Rupees two hundred) per month.

  4. The Paying Guest have paid at the time of execution hereof a security deposit of Rs.___________ (Rupees ___________________________________ only) which shall remain with the Owner free of interest, until the termination of this agreement, and shall be returned to the Paying Guest, subject to any deduction for payments due hereunder. The Paying Guest shall pay a further sum of Rs._____________ (Rupees ______________________________ only) as Security Deposit on or before ______________.

  5. The Owner may allot to the Paying Guest any of the bedrooms in the said flat for the use of the Paying Guest and the Owner may change the allocation at any time during the pendency of the Agreement.

  6. The Paying Guest hereby specifically confirm and agree that they have no right whatsoever to the said premises nor shall claim to be tenant/sub-tenant...

To continue reading

REQUEST YOUR TRIAL