Missouri Easement — Shared Parking refers to a legal agreement that allows multiple parties to share a designated parking area for their respective properties or businesses. This easement is typically established to provide convenient parking options and maximize the utilization of available space in urban or densely populated areas. Shared parking easements in Missouri are governed by state laws and regulations to ensure fair usage, maintenance responsibilities, and any restrictions associated with the shared parking arrangement. Here are the two common types of shared parking easements observed in Missouri: 1. Exclusive Shared Parking Easement: This type of easement grants exclusive usage rights to a specific group of individuals or entities who have agreed to share the parking area exclusively among themselves. Exclusive shared parking easements are commonly established between adjacent building owners or tenants who wish to preserve parking spaces for their collective use. 2. Non-exclusive Shared Parking Easement: In this type of easement, the parking area is open for use by multiple parties, without any exclusive rights. This arrangement ensures that parking spaces are shared among different properties or businesses on a first-come, first-serve basis. Non-exclusive shared parking easements are often found in commercial or mixed-use areas where businesses, offices, and residential units coexist. When establishing a shared parking easement in Missouri, it is essential to define the rights, responsibilities, and restrictions associated with the parking arrangement. This includes determining the number of allocated parking spaces for each participant, signage requirements, maintenance responsibilities, and any limitations on usage during specific hours or days. Shared parking easements play a crucial role in addressing parking scarcity in densely populated areas, promoting efficient land use, reducing traffic congestion, and minimizing the need for excessive parking construction. They also encourage cooperation and collaboration among neighboring properties or businesses while providing a fair parking solution for all parties involved. In conclusion, Missouri Easement — Shared Parking is a legal agreement that permits multiple parties to utilize a parking area collectively. It ensures fair and efficient parking allocation in urban areas. The two main types of shared parking easements in Missouri are exclusive shared parking easements and non-exclusive shared parking easements.