Fill in Parking Space Rent Agreement

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Parking Space Rent Agreement

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Owner and renter
The parking space
Rent, term and use
Ending the arrangement and signing

Step 1 of 4

Owner and renter

Owner’s full nameNeeded

For example: Tejinder Pal Singh

Owner’s addressNeeded

House / flat / plot no.

Street, sector or locality

City area and PIN code

Owner’s phone numberNeeded

A number somebody can be reached on. Ten digits is the usual Indian form, and a country code in front of it is fine if you want it there.

For example: 98140 33221

Renter’s full nameNeeded

For example: Ashok Verma

Renter’s addressNeeded

House / flat / plot no.

Street, sector or locality

City area and PIN code

Renter’s phone numberNeeded

A number somebody can be reached on. Ten digits is the usual Indian form, and a country code in front of it is fine if you want it there.

For example: 97790 44556

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PARKING SPACE RENT AGREEMENT

BETWEEN

__________, of __________, phone __________ (the "Owner");

AND

__________, of __________, phone __________ (the "Renter").

The Owner and the Renter are each a "Party" and together the "Parties".

RECITALS

B. The Owner has agreed to let the Renter use that parking space for the Renter's vehicle, described below, on the terms of this Agreement.

NOW THIS AGREEMENT WITNESSES as follows.

1. NATURE OF THE ARRANGEMENT

2. THE VEHICLE

3. TERM

4. RENT AND DEPOSIT

5. USE AND RESTRICTIONS

5.1 The Renter shall use the parking space only to park the vehicle named in clause 2, shall not use it for repair, washing on a commercial scale, or storage of any goods, and shall not sub-let, share or permit any other person's vehicle to use it.

5.3 The Renter shall comply with any reasonable rule of the building, society or association applicable to the parking area, notified to the Renter in writing.

6. LIABILITY

6.1 The vehicle is parked at the Renter's own risk. The Owner is not liable for theft of, or damage to, the vehicle or anything in it, except to the extent caused by the Owner's own negligence or wilful act. The Renter is responsible for maintaining any insurance on the vehicle the Renter considers necessary.

6.2 The Renter shall be liable for damage the Renter's vehicle or its use causes to the parking space or to the building's common areas, fair wear and tear excepted.

7. ENDING THE ARRANGEMENT

7.2 The Owner may end this arrangement immediately, without notice, if the Renter is more than thirty days in arrears of rent, or persistently breaches clause 5 after being asked in writing to stop.

7.3 On the arrangement ending, the Renter shall remove the vehicle and vacate the parking space, and the Owner shall refund any security deposit as clause 4.2 provides.

8. GENERAL

8.1 This Agreement is the entire understanding between the Parties about the parking space and may be amended only in writing signed by both.

8.3 This Agreement is governed by the laws of India as in force in the State of Punjab or the Union Territory of Chandigarh, according to where the parking space is situated.

SCHEDULE — THE PARKING SPACE

SIGNED by the OWNER
__________

Signature: ______________________________

SIGNED by the RENTER
__________

Signature: ______________________________

WITNESSES

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