Parking Space Lease
Rental agreement for designated parking space, defining use restrictions, payment terms, liability allocation, and termination procedures for residential or commercial parking.
Key Clauses
Parking Space
Identifies specific parking space location, boundaries, and any restrictions on vehicle types or usage.
Lease Terms
Defines rental period, renewal options, and termination notice requirements for parking agreement.
Use Restrictions
Specifies permitted uses, prohibited activities, and compliance with parking facility rules and regulations.
Liability
Allocates responsibility for vehicle damage, theft, or accidents occurring in leased parking space.
Termination
Establishes procedures for ending parking lease agreement and vacating assigned parking space.
Disclaimer T
Defines disclaimer t terms and conditions.
Use This Template
When You Need This
- Securing dedicated parking in dense urban areas or office buildings
- Renting parking space for residential building without included parking
- Leasing additional parking for business customers or employees
- Creating income stream from unused parking spaces on property