Parking Space Rental Agreement Fill out the template

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Parking Space Rental Agreement

Last revision Last revision 26/01/2024
Formats FormatsWord and PDF
Size Size3 to 5 pages
4.6 - 35 votes
Fill out the template

Last revisionLast revision: 26/01/2024

FormatsAvailable formats: Word and PDF

SizeSize: 3 to 5 pages

Option: Help from a lawyer

Rating: 4.6 - 35 votes

Fill out the template

This document can be used to rent a parking space within private property for use in Great Britain. Where the parking space is based in Scotland, a different format should be used.

It creates a type of contract (known as a licence) between the owner of the property and the organisation or person(s) who wish to rent out the parking space, which gives the right to use the parking space in accordance with the agreement.

The document can be used where the owner is either a company or an individual, and where either an individual, a company or a group of individuals is renting out the parking space for their own use. Moreover, the document can be modified to account for a large number of different scenarios including where parking spaces are allocated and/or specified, where multiple vehicles may use the space, and where the parking space may only be used during certain times.

It also takes into account a number of typical issues which may arise in parking space rental agreements such as the owner's responsibilities for damage and the user's responsibilities for matters such as nuisance or storage of petrol.

As the agreement creates a licence, this agreement shall be automatically terminated should the property be sold by the owner.

 

How this document should be used

This document should be carefully read by all parties. Then, each party should sign and return a copy, and once signed, every party should be given a copy in order to create a contract. For companies and limited liability partnerships, a contract can be entered into by the use of the company common seal, partnership common seal, or by the signature of a representative who is authorised to enter into the contract by the company or limited liability partnership. In some circumstances, it will be necessary for the signature to be witnessed, which should be checked against the LLP agreement of Company's articles of association.

On the date set out in the agreement as the commencement date, the person(s) or entity renting the parking space may then start to use it in accordance with the agreement, and any schedule set out within it.

If any party wishes to amend the agreement in the future, all parties should agree to do so, and that agreement, and the amendments should be recorded in writing and signed by all parties.

The agreement will last until ended by the parties giving notice. In order to end the agreement, either party can serve notice to the others in accordance with the agreement, and the agreement will then end after the notice period set out within the agreement.

Where any issues arise in respect of an alleged breach to the terms of this agreement, a warning notice should be sent in the first instance before any appropriate court remedy is sought.

 

Relevant law

The agreement is governed by the principles of general contract law.

In addition the Contract (Rights of Third Parties) Act 1999 is referred to within the contract, to prevent any persons not party to the contract from relying upon it.

In some circumstances the parties may wish to consider the Unfair Contract Terms Act 1977, Unfair Terms in Consumer Contracts Regulations 1999, and the Consumer Protection From Unfair Trading Regulations 2008 when setting their own terms, particularly if the contract is entered into as the owner's primary business activity.

 

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