Parking Easement Agreement
State:
Multi-State
Control #:
US-00498
Format:
Word;
Rich Text
Instant download
Description
The Parking Easement Agreement facilitates a legal understanding between property owners regarding shared access and use of a driveway and parking lot. This form establishes a perpetual easement, allowing successors in title of both properties to use the designated areas for vehicular access. Key features include mutual obligations on maintenance, preventing obstructions, and ensuring cooperative repairs without requiring mutual consent, provided notice is given. The agreement mandates that all repairs should be executed in a uniform and aesthetically acceptable manner, supporting the upkeep of the shared space. Legal recourse for enforcement includes the right to recover reasonable attorneys' fees for the prevailing party. This document is particularly useful for attorneys, partners, property owners, associates, paralegals, and legal assistants involved in real estate transactions, as it clarifies rights and responsibilities regarding shared property usage, preventing future disputes.
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