Free Parking Spot Rental Agreement Format Template
Parking Spot Rental Agreement Format
This Parking Spot Rental Agreement ("Agreement") is made and entered into on this [Date] by and between the following parties:
1. Parties
1.1 Lessor
Name: [Lessor's Full Name]
Address: [Lessor's Address]
Contact Information: [Lessor's Phone Number, Email]
1.2 Lessee
Name: [Lessee's Full Name]
Address: [Lessee's Address]
Contact Information: [Lessee's Phone Number, Email]
2. Property Description
The Lessor hereby agrees to rent to the Lessee a parking space located at [Location Address] ("Parking Spot") under the terms and conditions set forth in this Agreement.
3. Term
The rental period shall commence on [Start Date] and shall terminate on [End Date], unless earlier terminated in accordance with this Agreement.
4. Rent
The Lessee agrees to pay the Lessor a monthly rental fee of [Amount] payable in advance on the first day of each month. Payments shall be made by [Payment Method].
5. Security Deposit
The Lessee shall pay a security deposit of [Amount] upon signing this Agreement. The security deposit shall be refunded to the Lessee upon termination of this Agreement, subject to any deductions for damages or unpaid rent.
6. Use of Parking Spot
The Lessee shall use the Parking Spot for the sole purpose of parking the Lessee's vehicle. Unauthorized use of the Parking Spot may lead to termination of the Agreement.
7. Maintenance
The Lessee agrees to keep the Parking Spot clean and in good repair. The Lessee shall be responsible for any damages caused by the Lessee or their vehicle.
8. Termination
This Agreement may be terminated by either party with [Number] days written notice. Upon termination, the Lessee shall vacate and return the Parking Spot in its original condition.
9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
10. Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior understandings or agreements, whether written or oral, relating to the subject matter hereof.
Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Parking Spot Rental Agreement as of the date first above written.
Lessor
Lessee
