Shared Parking Agreement Template With Notary
State:
Multi-State
Control #:
US-EAS-33
Format:
Word;
Rich Text
Instant download
Description
The Shared Parking Agreement Template with Notary is designed for individuals or entities looking to formalize their parking arrangement across two contiguous tracts of land. This agreement establishes a perpetual easement for parking rights and ensures that both tracts can benefit from shared access without obstruction. Key features of the template include the maintenance responsibilities of each tract, provisions for necessary repairs, and the establishment of a lien for costs incurred by one party for repairs done on behalf of another. The agreement also outlines the process for court enforcement and entitlement to attorney fees for the prevailing party. Users are instructed to fill in necessary details such as the Grantor's name and the counties involved before notarization. This template is particularly useful for attorneys, partners, property owners, associates, paralegals, and legal assistants involved in real estate transactions or property management. It provides a clear and legally binding framework that can help prevent future disputes over shared parking usage and responsibilities.
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