Sample Lease Contract for Parking Space

When renting out a parking space, it is important to have a lease contract in place to ensure that both parties are clear on the terms and conditions of the rental. A lease contract for a parking space should outline the terms of the rental agreement, including the rental price, duration of the lease, and any additional fees or charges.

Here is a sample lease contract for a parking space that can be customized to fit your specific needs:

LEASE CONTRACT – PARKING SPACE:

This lease contract (“Agreement”) is entered into between [LANDLORD NAME] (“Landlord”) and [TENANT NAME] (“Tenant”) on [DATE] for the purpose of leasing a parking space located at [ADDRESS].

1. Rental Price: The Tenant shall pay a rental price of [RENTAL PRICE] per [MONTH/WEEK] for the use of the parking space.

2. Duration: The lease shall be in effect for [DURATION] commencing on [START DATE] and ending on [END DATE], unless terminated earlier.

3. Payment: The Tenant shall pay the rental price in advance on or before the [DUE DATE] of each month/week. Late payments may be subject to a late fee of [LATE FEE AMOUNT].

4. Use of the Parking Space: The Tenant shall use the parking space only for the parking of a single vehicle. The Tenant may not store any other items in the parking space.

5. Maintenance and Repairs: The Tenant shall maintain the parking space in a clean and orderly condition, and shall promptly notify the Landlord of any damage to the parking space. The Landlord shall be responsible for any repairs needed due to normal wear and tear.

6. Termination: Either party may terminate the lease at any time by giving [NOTICE PERIOD] days’ written notice to the other party. In the event of termination, the Tenant shall vacate the parking space within [VACATE PERIOD] days.

7. Additional Fees and Charges: The Tenant shall be responsible for any additional fees or charges incurred due to unauthorized use of the parking space or damage caused by the Tenant’s vehicle.

8. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the state of [STATE].

9. Entire Agreement: This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations and understandings, whether written or oral.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

Landlord Tenant

[LANDLORD NAME] [TENANT NAME]

By: _______________ By: _______________

[LANDLORD SIGNATURE] [TENANT SIGNATURE]

This sample lease contract for a parking space can be adjusted to fit your specific needs. It is important to have a written lease agreement in place to ensure that both parties understand their obligations and responsibilities, and to protect the interests of both the landlord and the tenant.

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