Parking lease contract sampleParking Space Lease Agreement • June 13th, 2023
Contract Type FiledJune 13th, 2023Parking space is a hot commodity in many high-density residential and commercial areas. Whether you own one parking space or a whole parking lot, you can use a Parking Space Lease Agreement to rent this valuable property to people who need it. Table of Contents What Is a Parking Space Lease Agreement? A parking space lease agreement is a legally binding contract between the owner of a parking space, the lessor, and a tenant who pays to use the parking space, the lessee. The terms of a parking space agreement may differ depending on the number of parking spaces and location. There are many different types of parking spaces that you may lease if you are the documented owner or renter of the space. You can lease a parking space in your house’s driveway or a titled parking spot for your condominium. If you are a renter, you may have the option to sublet your parking space, depending on your lease agreement terms. Some states and cities have laws and regulations that govern parking space le