Residential Parking Agreement Design

1. Purpose

This Residential Parking Agreement ("Agreement") is made and entered into by and between the parties identified below. The purpose of this Agreement is to specify the terms and conditions under which the Resident may park their vehicle(s) in the designated parking area provided by the Property Owner/Manager.

2. Parties

Property Owner/Manager: [Insert Property Owner/Manager's Name]

Resident: [Insert Resident's Name]

Each party agrees to be legally bound by the terms and conditions stated herein.

3. Designated Parking Area

The Property Owner/Manager agrees to provide the Resident access to a designated parking space located at [Insert Address or Location Description] for the duration of this Agreement.

4. Term

This Agreement shall commence on [Start Date] and shall continue until [End Date], or until terminated by either party in accordance with the terms outlined in this Agreement.

5. Parking Rules and Regulations

C.1. Permitted Vehicles

Only vehicles registered to the Resident and listed in this Agreement are permitted to park in the designated parking area. The permitted vehicles are:

• Vehicle 1: [Make, Model, License Plate]

• Vehicle 2: [Make, Model, License Plate]

C.2. Parking Conduct

The Resident agrees to adhere to the following rules:

• Park only in the designated space(s) assigned to the Resident.

• Maintain the cleanliness of the parking area and avoid leaving trash or debris.

• Do not perform vehicle repairs, oil changes, or other mechanical work in the parking area.

• Promptly report any damage or issues to the Property Owner/Manager.

C.3. Prohibited Actions

The Resident shall not:

• Park vehicles that are not listed as permitted in this Agreement.

• Sublet or assign the parking space to another party.

• Use the parking space for the storage of any item other than the Resident's vehicle(s).

6. Termination

This Agreement may be terminated by either party by providing no less than [Insert Number of Days] days written notice to the other party. Upon termination, the Resident must vacate the parking space and remove all personal property.

7. Liability

The Resident agrees to hold harmless the Property Owner/Manager from any liability or damage arising from the use of the designated parking area, except in cases of gross negligence or willful misconduct by the Property Owner/Manager.

8. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of [Insert State].

9. Signature

By signing below, both parties acknowledge that they have read and understood the terms and conditions of this Agreement and agree to abide by them.

Lessor

Lessee

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