Parking Agreement Sample With Cost

State:
Multi-State
Control #:
US-EAS-33
Format:
Word; 
Rich Text
Instant download

Description

The Driveway Easement and Shared Parking Agreement is a legal document detailing the terms under which two tracts of land, referred to as Tract A and Tract B, share a driveway and parking lot. This parking agreement sample with cost outlines the rights, restrictions, and covenants that benefit the successors and assigns of the property owner, known as the Grantor. Key features include the establishment of a perpetual easement for parking, obligations for maintenance, and procedures for repairs, including notice requirements and cost-sharing responsibilities. It also stipulates that no structures may obstruct the easement and emphasizes cooperation between property owners for upkeep. This form is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants in property management or real estate law, providing a clear template for establishing shared responsibilities and resolving potential disputes. Additionally, it includes provisions for attorney fees in case of legal enforcement, further ensuring the document's effectiveness and reliability.
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FAQ

A. Hi, You have a right to claim the parking space as it has already been allotted to the seller. You will have to insist on it being added to the sale agreement.

Parking Space means an off-street enclosed or unenclosed surfaced area of not less than eighteen (18) feet by eight feet, exclusive of maneuvering and access area, permanently reserved for the temporary storage of one automobile, connected with a street or alley which affords access for automobiles.

In your case ask to add a clause that: "The parking as per the sale deed of the property includes a rightful possession and utilisation for the owner of the deed without any further improvent with all rights to use and accessibility reserved with 'your name'.

Create the deed with the names of the vehicle owner and parking space owner clearly mentioned. Ensure that the registration number of the vehicle intended to be parked and the address of the parking space is included as well. Clearly indicate details of rent and deposit.

Basic best practices are to: Eliminate dead-end parking areas, so there's always a flow-through of traffic along aisles (the driving lanes facilitating access to parking spots) Locate aisles and rows of parking parallel to the long dimension of the site. Orient parking on each side of an aisle.

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Parking Agreement Sample With Cost