Document Type: DOCX
Number of Pages: 3
A Parking Lot Lease Agreement is a formal real estate document that sets out the terms under which a landlord (property owner) leases a designated parking space or lot to a tenant (vehicle owner, business, or resident) for a defined period. Key Components of a Parking Lot Lease Agreement:1. Parties Involved2. Description of the Parking Space3. Term of the Lease4. Rent and Deposit5. Permitted Use6. Tenant’s Responsibilities7. Landlord’s Responsibilities8. Access and Hours9. Termination10. Risk and Liability11. Dispute Resolution12. Governing Law13. Signatures and WitnessesPurpose of a Parking Lot Lease Agreement1. Establishes a Legal Relationship.2. Prevents Unauthorized Use.3. Outlines Payment Obligations.4. Provides Liability Protection.5. Supports Dispute Resolution.Order for an editable sample template here on Sheriaplex.
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