Parking Space Rental Agreement - Template, Sample Form

Valid in United Kingdom

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Parking Space Rental Agreement - Template, Sample Form
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This Agreement is a legally binding document. It should be read carefully to ensure that it includes everything the parties deem necessary and nothing either party is not prepared to agree to. Where either party is unsure of their obligations and responsibilities under this Agreement then it is advised that they seek independent legal advice before signing.

PARKING SPACE RENTAL AGREEMENT


COMMENCEMENT DATE: ________

BETWEEN:

1. The Owner

________ of:

________

(hereafter "the Owner").


2. The Licensee

________ of:

________

(hereafter "the Licensee")



THE PARTIES AGREE:

3. Definitions and interpretation

3.1. Definitions:

3.1.a. Permitted Vehicle collectively refers to any private motor vehicle which the Licensee shall specify to the Owner.

3.1.b. Agreement means these presents and all terms and conditions contained herein.

3.1.c. Licence means the licence to occupy conferred by this agreement.

3.1.d. Property refers to that at the following address:

________

3.1.e. The Allocated Space referred to within this agreement is the area:

________

or any other area which the Owner may allocate to the Licensee on notice from time to time, at the Owner's sole discretion.

3.2. Interpretation:

3.2.a. Words that indicate one gender include all other genders, words that indicate the singular include the plural and vice versa and words that indicate persons shall be interpreted as extending to a corporate body or a partnership and vice versa.

4. Licence

4.1. The Owner grants a non-exclusive licence to the Licensee to park the Permitted Vehicle in the Allocated Space at the Property at any time, subject to the sole discretion of the owner.

4.2. The Owner reserves the right at any time to use and occupy the Allocated Space from time to time.

4.3. Nothing in this agreement shall be construed as conferring on the Licensee any exclusive right to use of the Allocated Space, or any particular space, at the Property.

4.4. Nothing in this agreement will confer or create the relationship of landlord and tenant between the parties.

5. Payment

5.1. The Licensee must pay to the Owner a licence fee of £________ (________) a week, the first payment to be made on the date that this agreement commences, and thereafter payment is to be due on the same day of each calendar week as that on which this Agreement commences for the duration of this Agreement. For example, if the agreement commences on a Friday, payment should be made each Friday thereafter.

5.2. The Licensee should make the payment to the Owner as follows:

________

6. VAT

All sums due to be paid by the Licensee under this agreement are expressed exclusive of VAT and the Licensee must in addition pay the full amount of any VAT or other similar tax on those sums for which are payable and requested by the Owner.

7. Nuisance

The Licensee must not run the engine of the Permitted Vehicle whilst it is at the Property except as necessary for entering or leaving the Property and parking at the Property and must not do anything on or in the Property that may reasonably be likely to cause a nuisance, discomfort or annoyance to the Owner or any occupant of nearby premises or user of the Property or allow anyone under his control to do so.

8. Restrictions on fuel

The Licensee must not take onto or keep at the Property any petrol, diesel or lubricating oil other than that in the tank and engine of the Vehicle.

9. Fire precautions and damage

9.2. The Licensee shall be responsible to pay the cost of any damage incurred to the property as a result of their actions or the actions of any other person connected to them and shall be liable to cover to costs for the full reinstatement value of the property to a condition commensurate and satisfactory to the Owner or to the condition the property was in before said damage occurred.

10. Assignment and sub-licensing

The Licensee must not assign, sub-licence, charge, share or part with the benefit of this agreement or the Licence granted under it, in whole or in part, and must not permit any other person to use the Allocated Space or park any vehicle other than the Permitted Vehicle at the Property without the prior written consent of the Owner.

11. Termination

Either party may terminate this agreement at any time by giving the other party not less than one week's notice in writing. Upon termination of this agreement for any reason, the Licensee must immediately cease to use the Allocated Space and remove the Permitted Vehicle and any of the Licensee's belongings from the Property.

12. Default and breach of Agreement

12.1. If during the period of this agreement the amount payable by the Licensee that is provided for herein shall at any time be in arrears after said amount payable shall have become due, the Owner shall be permitted to terminate this agreement with immediate effect.

12.2. If there is any breach of any obligation or undertaking as contained in this Agreement by the Licensee the Owner shall be permitted to terminate this agreement with immediate effect.

12.3. Where the agreement is terminated by the Owner for any reason under this section, the Owner shall be entitled to take such steps reasonably required to prevent the Licensee from using or accessing the Property.

13. Insurance

13.1. The Owner holds an insurance policy in relation to the Property ("the Insurance Policy").

13.2. A certificate of insurance in respect of the Insurance Policy can be provided to the Licensee upon request.

13.3. The Licensee must not do anything that will invalidate the Owner's insurance policy or increase the premiums.

14. Force Majeure

15. Notices

15.1. Any notice to be served on the Licensee may be served by first class post properly stamped and correctly addressed to the last known address of the Licensee.

15.2. Any notice to be served on the Owner should be sent by first class post properly stamped and correctly addressed to the address provided above.

15.3. Any notice, if sent by post, unless returned undelivered, will be deemed to have been served within 2 working days after posting whether or not it is in fact received.

15.4. The parties can agree to accept service to a designated email address, provided that this is explicitly agreed in writing.

15.5. Any notice, if sent by email, will be deemed to be received 48 hours following transmission.

16. Severance

If any term of this agreement is, in whole or in part, held to be illegal or unenforceable to any extent under any enactment or rule of law, that term or part shall to that extent be deemed not to form part of this agreement and the enforceability of the remainder of this agreement shall not be affected.

17. Governing Law

The Owner and the Licensee agree that this agreement shall be governed by and interpreted in accordance with the laws of England and Wales.

18. Contracts (Rights of Third Parties) Act 1999

This agreement shall not operate to confer any rights on any third party and no person other than the parties to it may enforce any provision of this agreement by virtue of the Contracts (Rights of Third Parties) Act 1999.


Signed by the following parties:


Owner

SIGNED:

__________________________

________

DATE OF SIGNATURE:

__________________________



Licensee

SIGNED:

__________________________

________

DATE OF SIGNATURE:

__________________________

Fields you complete are inserted into the document live. This template is general guidance only — not legal advice.