Parking Space Rental Agreement Template

In this Agreement, the following terms shall have the meanings set out below, and shall apply whether used in the singular or the plural.

"Parking Space" means the parking space identified as number or designation [space number/designation], located at [address], together with its marked boundaries, as more particularly described in Section 2.

"Premises" means the building, garage, lot, driveway, entrances, ramps, access routes, and common areas of which the Parking Space forms part, including all gates, barriers, lighting, and fixtures located therein.

"Vehicle" means the motor vehicle described in Section 3, being the only vehicle that the Renter is permitted to park in the Parking Space under this Agreement.

"Rent" means the monthly sum payable by the Renter to the Owner for the use of the Parking Space, in the amount stated in Section 5.

"Security Deposit" means the sum paid by the Renter to the Owner pursuant to Section 6 as security for the performance of the Renter's obligations under this Agreement.

"Term" means the period commencing on the Commencement Date and continuing on a month-to-month basis until this Agreement is terminated in accordance with Section 14.

"Commencement Date" means [Commencement Date].

"Access Devices" means any key, remote control, card, fob, code, permit, or other device or credential provided by the Owner to enable entry to the Premises or the Parking Space.

"Business Day" means any day other than a Saturday, a Sunday, or a public holiday in [jurisdiction].

In this Agreement, headings are for convenience only and do not affect interpretation; references to Sections are to sections of this Agreement; the words "including" and "includes" shall be construed without limitation; and no provision shall be construed against a Party by reason of that Party having drafted it.

The Owner hereby grants to the Renter, subject to the terms of this Agreement, a personal, revocable, non-exclusive-of-the-Premises license to use the Parking Space for the parking of the Vehicle during the Term. The Parties acknowledge that this Agreement grants a right of use only and does not create any lease of, or any estate, title, or proprietary interest in, the Parking Space or the Premises.

The Parking Space is located at [address] and is identified as [space number/designation]. Its approximate dimensions are [length] by [width], and it is situated on [level/floor/area of the Premises].

The Parking Space is let in its existing condition. The Renter acknowledges having inspected the Parking Space prior to the Effective Date and accepts it as suitable for the permitted use described in Section 3.

The Owner reserves all rights in and to the Premises and the Parking Space not expressly granted herein, including the right to maintain, repair, alter, or improve the Premises, subject to Section 7.

The Owner does not represent or warrant that the Parking Space is suitable for any particular vehicle, that the Premises are secured against intrusion, or that any surveillance, lighting, or security measures are or will be present, save as expressly stated in this Agreement.

Any right of the Renter to use the Parking Space is conditional upon the Renter's continued compliance with this Agreement.

The Renter shall use the Parking Space exclusively for the parking of the Vehicle for the Renter's personal, non-commercial purposes. No business, commercial, or trade activity of any kind shall be conducted in or from the Parking Space.

The Vehicle is a [type of vehicle, e.g., passenger car] with the following particulars: make [make], model [model], color [color], registration number [registration number], and maximum dimensions of [length, width, height]. The Vehicle shall be duly registered in the name of the Renter or lawfully used by the Renter.

The Renter warrants that the Vehicle fits entirely within the marked boundaries of the Parking Space, is roadworthy, is properly registered and insured as required by applicable law, and does not exceed the maximum weight of [maximum weight] permitted for the Premises.

The Renter shall not park in the Parking Space any vehicle other than the Vehicle without the prior written consent of the Owner. Any replacement of the Vehicle shall require written notice to the Owner of the new vehicle's particulars and the Owner's written approval, which shall not be unreasonably withheld where the replacement vehicle complies with this Section.

The Renter shall not use the Parking Space for the storage of goods, fuel, flammable, explosive, or hazardous materials, or for the repair, servicing, washing, or dismantling of any vehicle, or for the parking of any vehicle that is unregistered, inoperable, abandoned, or leaking fluids.

The Renter shall not park or allow to be parked any vehicle in a manner that obstructs the Premises, any other parking space, any access route, or any emergency exit.

This Agreement shall commence on the Commencement Date and shall continue thereafter on a month-to-month basis, each monthly period running from the [day] day of one calendar month to the day preceding the [day] day of the next calendar month (each a "Rental Month").

At the end of each Rental Month, this Agreement shall automatically renew for a further Rental Month on the same terms, unless and until terminated by either Party in accordance with Section 14.

The Parties acknowledge that this Agreement is intended to be a periodic arrangement and that no fixed term, minimum term, or right of renewal beyond the then-current Rental Month has been promised or implied.

Continued use of the Parking Space by the Renter after the Term has ended shall not constitute a renewal or extension of this Agreement, and shall render the Renter liable to the Owner for use and occupation charges at the daily equivalent of [holdover rate or multiple] of the Rent for each day of such continued use, without prejudice to the Owner's other remedies.

Any modification of the monthly arrangement, including any change in the Rent, shall take effect only in accordance with Section 5 or Section 18.

The Parties agree that this Agreement does not give rise to any tenancy of the Premises or any statutory protection of tenure, to the fullest extent such protection may lawfully be excluded.

The Renter shall pay to the Owner a monthly Rent of [amount and currency], payable monthly in advance, without demand, set-off, deduction, or counterclaim.

The Rent for each Rental Month shall be paid on or before the [day] day of the preceding Rental Month, or, for the first Rental Month, on or before the Commencement Date. If the Term commences or ends other than at the beginning or end of a Rental Month, the Rent for that period shall be prorated on a daily basis.

Payment shall be made by [bank transfer/other agreed method] to the following account or address designated by the Owner: [payment details]. Payment shall be deemed made only when cleared funds are received by the Owner.

If any installment of Rent is not received within [number] days after its due date, the Renter shall pay a late fee of [late fee amount or percentage], and interest on the overdue amount at the rate of [interest rate] per annum from the due date until payment in full. The Parties agree that such sums constitute a reasonable estimate of the Owner's administrative costs and loss and not a penalty.

The Owner may adjust the Rent by giving the Renter not less than [number] days' prior written notice, effective from the beginning of the next Rental Month following the notice period. If the Renter does not accept such adjustment, the Renter may terminate this Agreement in accordance with Section 14 before the adjustment takes effect.

The Renter shall bear any taxes, levies, or charges imposed on the Rent or on the Renter's use of the Parking Space, to the extent permitted by law, [except as otherwise provided: placeholder for any applicable tax treatment].

Acceptance of partial payment shall not constitute a waiver of the Owner's right to the full amount due, and the Owner may apply any payment received first to costs and interest and then to Rent.

On or before the Commencement Date, the Renter shall pay to the Owner a Security Deposit equal to two (2) months' Rent, being [amount and currency].

The Security Deposit secures the full and punctual performance of the Renter's obligations under this Agreement, including payment of Rent, late fees, and interest, the cost of repairing damage to the Parking Space or the Premises caused by the Renter or those for whom the Renter is responsible, the cost of replacing unreturned Access Devices, and any other sums owed by the Renter under this Agreement.

The Security Deposit shall not constitute an advance payment of Rent, and the Renter shall not be entitled to apply it against Rent due. The Owner is not obliged to hold the Security Deposit in a separate account [unless required by applicable law], and no interest shall accrue thereon in favor of the Renter.

The Owner may deduct from the Security Deposit any amounts due and unpaid by the Renter at any time. Where the Owner makes any such deduction during the Term, the Renter shall, within [number] days after written demand, restore the Security Deposit to its full original amount.

Within [number] days after the Renter has surrendered the Parking Space in accordance with Section 15 and returned all Access Devices, the Owner shall return the balance of the Security Deposit, if any, after deduction of all sums properly due to the Owner, accompanied by a written statement of any deductions.

If the deductions exceed the Security Deposit, the Renter shall pay the shortfall to the Owner within [number] days after written demand. The Security Deposit shall not limit the Renter's liability.

The Owner shall provide the Renter with the Access Devices listed as follows: [number and type of Access Devices]. The Renter shall have access to the Parking Space for the purpose of parking and retrieving the Vehicle during the following hours: [access hours, e.g., 24 hours a day, 7 days a week], subject to this Section.

The Renter shall not duplicate any Access Device, and shall not lend or transfer any Access Device to any third party. The Renter shall notify the Owner immediately upon the loss, theft, or compromise of any Access Device. The Owner may charge the Renter the replacement cost of any lost, damaged, or unreturned Access Device, being [replacement cost].

The Owner and persons authorized by the Owner shall have the right to enter the Premises and the Parking Space at any time for the purposes of inspection, maintenance, repair, cleaning, security, or compliance with legal requirements, and, in the event of emergency, without prior notice. In non-emergency cases, the Owner shall endeavor to give the Renter not less than [number] hours' prior notice.

The Owner may temporarily restrict or suspend access to the Parking Space or the Premises where reasonably necessary for maintenance, repair, construction, safety, or compliance with the law or the requirements of any authority, and shall endeavor to give reasonable prior notice where practicable. Such restriction shall not constitute a breach of this Agreement, and the Renter shall have no claim against the Owner in respect thereof, save that Rent shall abate proportionately for any continuous period exceeding [number] days during which the Parking Space is entirely unavailable.

The Owner may change the Access Devices, access systems, or access routes upon reasonable notice to the Renter.

The Owner may, in an emergency or where the Vehicle is parked in breach of this Agreement, cause the Vehicle to be moved, immobilized, or removed at the Renter's sole risk and expense.

The Renter shall pay the Rent and all other sums due under this Agreement punctually and in full.

The Renter shall park the Vehicle only within the marked boundaries of the Parking Space, shall lock the Vehicle, and shall not leave any valuables, documents, or personal belongings in or on the Vehicle.

The Renter shall keep the Parking Space clean and free from litter, oil, grease, and other substances, and shall promptly notify the Owner of any damage, defect, leakage, hazard, or unauthorized use affecting the Parking Space or the Premises.

The Renter shall maintain in force throughout the Term, at the Renter's own expense, motor vehicle insurance covering the Vehicle for loss, theft, damage, and third-party liability, and shall provide evidence thereof to the Owner upon request.

The Renter shall comply with all applicable laws and regulations, and with all reasonable rules and instructions of the Owner notified to the Renter regarding the use of the Premises, including speed limits, noise, traffic flow, and safety. The Renter shall not cause nuisance, obstruction, or disturbance to the Owner or any other user or occupant of the Premises.

The Renter shall not make any alteration, installation, or addition to the Parking Space or the Premises, including any charging equipment, lock, barrier, sign, or shelving, without the Owner's prior written consent.

The Renter shall ensure that any person driving or using the Vehicle in connection with the Parking Space complies with this Agreement, and the Renter shall be responsible for the acts and omissions of such persons.

The Owner shall make the Parking Space available to the Renter for the Renter's use during the Term, in accordance with and subject to this Agreement.

The Owner shall use reasonable efforts to keep the structure of the Parking Space in a reasonable state of repair, subject to fair wear and tear, and excluding any damage caused by the Renter or those for whom the Renter is responsible.

The Owner shall provide the Access Devices to the Renter in accordance with Section 7 and shall maintain the Renter's quiet use of the Parking Space, provided that the Renter is in compliance with this Agreement.

The Owner shall return the Security Deposit, to the extent due, in accordance with Section 6.

The Owner shall have no obligation to provide security, supervision, surveillance, attendants, lighting, insurance for the Vehicle or its contents, or any services other than those expressly stated in this Agreement.

The Owner shall not be in breach of this Agreement by reason of any interruption, failure, or limitation of the Premises' facilities arising from causes beyond the Owner's reasonable control, including utility failure, mechanical failure of gates or barriers, or the acts of third parties.

The Renter parks the Vehicle and uses the Parking Space and the Premises entirely at the Renter's own risk. The Owner shall not be responsible for any loss of, theft of, or damage to the Vehicle, its accessories, or any property left in or on the Vehicle, howsoever and by whomsoever caused, including by fire, flood, weather, vandalism, collision, theft, other users of the Premises, or third parties.

The Parties acknowledge that this Agreement is a license for parking space only, and that no contract of bailment, deposit, custody, safekeeping, or supervision of the Vehicle or its contents is created, and that the Owner has not assumed any duty to guard or protect the Vehicle.

The Renter acknowledges that the Owner does not carry insurance for the Vehicle or its contents, and that it is the Renter's sole responsibility to insure the Vehicle and its contents against all risks.

To the fullest extent permitted by applicable law, the Renter releases and waives any claim against the Owner arising out of or in connection with loss of, or damage to, the Vehicle or any property, or any personal injury sustained by the Renter or any person accompanying the Renter at the Premises, except to the extent caused by the Owner's gross negligence or willful misconduct.

To the fullest extent permitted by applicable law, the Owner shall not be liable to the Renter for any indirect, consequential, incidental, or special loss, loss of use, loss of income, or loss of profit arising out of this Agreement.

Subject to the foregoing, any liability of the Owner to the Renter under or in connection with this Agreement, whether in contract, tort, or otherwise, shall in no event exceed the aggregate amount of Rent paid by the Renter in the [number] months preceding the event giving rise to the claim.

Nothing in this Agreement shall exclude or limit any liability that cannot be excluded or limited under applicable law, including liability for death or personal injury caused by the Owner's gross negligence or willful misconduct.

The Renter shall indemnify, defend, and hold harmless the Owner from and against any and all claims, demands, losses, damages, liabilities, fines, penalties, costs, and expenses, including reasonable legal fees, arising out of or in connection with the Renter's use of the Parking Space or the Premises.

Without limitation, the indemnity in this Section extends to any claim arising from the Renter's breach of this Agreement, the negligent or wrongful act or omission of the Renter or any person using the Vehicle or accessing the Premises with the Renter's consent, or the condition, operation, or contents of the Vehicle.

The indemnity further extends to any claim brought against the Owner by any third party, including other users or occupants of the Premises, arising from damage or injury caused by the Vehicle or by the Renter's activities at the Premises.

The Owner shall give the Renter prompt notice of any third-party claim for which indemnity is sought, provided that any delay in giving such notice shall relieve the Renter of its obligations only to the extent of actual and material prejudice.

The Owner may take such steps as it reasonably considers necessary to defend or settle any such claim, after consultation with the Renter where practicable, and the reasonable costs thereof shall form part of the indemnified loss.

The obligations under this Section shall survive the expiry or termination of this Agreement.

The Renter shall be liable for, and shall promptly reimburse the Owner for the cost of repairing or restoring, any damage to the Parking Space or the Premises (including any fixtures, gates, barriers, surfaces, walls, and adjacent vehicles or property) caused by the Renter, the Vehicle, or any person using the Vehicle or accessing the Premises with the Renter's permission, whether by negligence, misuse, or otherwise.

The Renter shall also be liable for any staining, oil or fluid leakage, contamination, or deterioration of the Parking Space resulting from the Vehicle, and for the cost of cleaning and remediation.

The Renter shall notify the Owner in writing, without delay and in any event within [number] hours, of any damage caused or suffered by the Renter, the Vehicle, or the Parking Space.

The amount of such liability shall be determined by the reasonable cost of repair or restoration as evidenced by invoices, quotations, or other reasonable documentation provided by the Owner, and shall be payable within [number] days after written demand, without prejudice to the Owner's right to deduct such amount from the Security Deposit under Section 6.

The Renter shall not be liable for fair wear and tear arising from ordinary and proper use of the Parking Space in accordance with this Agreement.

Where damage is caused by a third party who is identified, the Owner may, but shall not be obliged to, pursue such party, and the Renter's liability shall not be reduced thereby unless and until the Owner has actually recovered the cost from such party.

This Agreement and the license granted herein are personal to the Renter. The Renter shall not assign, transfer, sublet, sublicense, lend, share, or otherwise part with possession or use of the Parking Space or any part of it, whether for consideration or otherwise, without the prior written consent of the Owner, which the Owner may withhold in its sole discretion.

The Renter shall not permit any third party to park any vehicle in the Parking Space, or advertise or offer the Parking Space for rent, hire, or use by any third party, including through any online platform.

Any purported assignment, sublease, or transfer in breach of this Section shall be null and void and shall constitute a material breach entitling the Owner to terminate this Agreement under Section 14.

Any person who occupies or uses the Parking Space in breach of this Section shall be deemed a trespasser, and the Owner may take all reasonable steps to remove any vehicle belonging to such person at the Renter's expense.

The Owner may freely assign or transfer its rights and obligations under this Agreement, including upon the sale or transfer of the Parking Space, upon written notice to the Renter. The Renter shall, upon request, cooperate with such assignment, including by acknowledging the new owner as the Owner for the purposes of this Agreement.

The Renter's obligation to pay Rent shall not be affected by any attempted assignment or sublease.

Either Party may terminate this Agreement at any time, without cause, by giving the other Party written notice of termination of not less than [number] days (in the case of termination by the Renter) or not less than [number] days (in the case of termination by the Owner), such notice to expire on the last day of a Rental Month.

The Owner may terminate this Agreement with immediate effect, by written notice to the Renter, if the Renter: fails to pay any Rent or other sum within [number] days after its due date; breaches any provision of Section 3, Section 13, or Section 8 in a material manner; causes or permits damage to the Parking Space or the Premises; uses the Parking Space for any unlawful purpose; or fails to remedy any other breach of this Agreement within [number] days after written notice requiring it to do so.

The Owner may also terminate this Agreement upon [number] days' written notice if the Owner sells or transfers the Parking Space, requires it for the Owner's own use, or the Premises are to be redeveloped, demolished, or subject to substantial works, or if the Owner's right to let the Parking Space ends for any reason.

The Renter may terminate this Agreement with immediate effect by written notice if the Owner is in material breach of this Agreement and fails to remedy such breach within [number] days after written notice from the Renter specifying the breach.

Termination shall not affect any right or liability accrued prior to the date of termination, including the obligation to pay Rent and other sums due up to the date of surrender, nor any provision intended to survive termination.

Rent paid in advance for any period after the effective date of termination by the Owner under the second paragraph of this Section for the Renter's default shall be applied against sums owed by the Renter, and any balance shall be refunded without interest. Rent paid for a period after an earlier termination at the Owner's election under the third paragraph shall be refunded pro rata.

No notice of termination shall be effective unless given in accordance with Section 16.

On or before the effective date of expiry or termination of this Agreement, the Renter shall remove the Vehicle and all other property of the Renter from the Parking Space and shall surrender the Parking Space to the Owner vacant, clean, and in the same condition as at the Commencement Date, subject to fair wear and tear.

On or before such date, the Renter shall return to the Owner all Access Devices, together with any copies made, failing which the Renter shall pay the replacement and re-keying costs of [amount] to the Owner.

If the Renter fails to remove the Vehicle or any other property by the effective date of termination, the Owner may, after giving [number] days' written notice to the Renter at the address stated in this Agreement, remove, tow, or store the Vehicle or such property, at the Renter's sole risk and expense, and without liability to the Owner for any loss or damage resulting therefrom.

The Renter shall pay to the Owner, upon demand, all reasonable costs of removal, towing, storage, and cleaning, together with a daily charge at the rate stated in Section 4 for each day on which the Vehicle remains in the Parking Space after termination.

If the Renter fails to collect any property following removal within [number] days after notice, the Owner may dispose of such property by sale or otherwise as permitted by applicable law, and apply the proceeds against sums due from the Renter.

The Owner may inspect the Parking Space upon surrender, and shall be entitled to apply the Security Deposit in accordance with Section 6 in respect of any damage or sums identified.

Any notice, demand, or other communication under this Agreement shall be in writing and in the English language, and shall be delivered by hand, sent by registered or tracked mail, or sent by email to the address of the receiving Party stated below, or to such other address as that Party may notify in writing.

Notices to the Owner shall be sent to: [Owner's address], email: [Owner's email], telephone: [Owner's telephone].

Notices to the Renter shall be sent to: [Renter's address], email: [Renter's email], telephone: [Renter's telephone].

A notice shall be deemed received: if delivered by hand, at the time of delivery; if sent by registered or tracked mail, on the [number] Business Day after posting; and if sent by email, at the time of transmission, provided that no notice of non-delivery is received and, if sent outside business hours, on the next Business Day.

Notices of termination, notices of breach, and notices of rent adjustment shall be sent by hand, registered or tracked mail, or email with confirmation of receipt, and shall not be effective if given solely by telephone or text message.

Each Party shall promptly notify the other of any change in its address, email, or other contact details. Notice sent to the last notified address shall be effective notwithstanding that the recipient has moved or is not present to receive it.

The Owner may also post a notice at the Parking Space or the Premises in relation to general rules or temporary restrictions, which shall constitute sufficient notice to the Renter of such matters.

This Agreement, and any dispute, claim, or obligation arising out of or in connection with it, whether contractual or non-contractual, shall be governed by and construed in accordance with the laws of [governing law jurisdiction].

The Parties shall first attempt in good faith to resolve any dispute arising out of or in connection with this Agreement through direct negotiation. Either Party may initiate such negotiation by written notice describing the dispute in reasonable detail.

If the dispute is not resolved within [number] days after such notice, the Parties may agree to refer the dispute to mediation before a mediator agreed between them, with the costs of the mediator to be shared equally.

If the dispute is not resolved by negotiation or mediation, or if either Party declines mediation, the courts of [jurisdiction and venue] shall have exclusive jurisdiction to settle the dispute, and each Party irrevocably submits to the jurisdiction of such courts.

Nothing in this Section shall prevent either Party from seeking urgent injunctive or interim relief from a competent court, including relief to recover possession of the Parking Space or to remove the Vehicle.

The prevailing Party in any legal proceeding shall be entitled to recover its reasonable legal fees and costs from the other Party, to the extent permitted by applicable law.

This Agreement constitutes the entire agreement between the Parties with respect to its subject matter and supersedes all prior negotiations, understandings, representations, and agreements, whether written or oral, relating thereto.

No amendment or variation of this Agreement shall be effective unless made in writing and signed by both Parties, save for those changes which the Owner is expressly entitled to make by notice under this Agreement.

If any provision of this Agreement is held to be invalid, illegal, or unenforceable, such provision shall be enforced to the maximum extent permissible and the validity, legality, and enforceability of the remaining provisions shall not be affected or impaired.

No failure or delay by a Party in exercising any right or remedy under this Agreement shall operate as a waiver thereof, and no single or partial exercise of any right or remedy shall preclude any further exercise thereof. Any waiver must be in writing and signed by the waiving Party.

Neither Party shall be liable for failure to perform any obligation under this Agreement (other than an obligation to pay money) to the extent caused by events beyond its reasonable control.

The provisions of this Agreement which by their nature are intended to survive expiry or termination, including Sections 6, 10, 11, 12, 15, and 17, shall so survive.

This Agreement may be executed in counterparts, including by electronic signature, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. Each Party confirms that it has read and understood this Agreement, has had the opportunity to obtain independent legal advice, and enters into it voluntarily.