What is a Parking Lease Agreement Form?

A standard parking lease agreement template is used between a Landlord and Tenant(s) when renting a parking space usually if rental property is located in a condo or apartment building. They can also be used by Tenant guests (occupants).

What is included in this free fillable Parking Lease Agreement Template? 

1. The Parties Involved in the Transaction (landlord/tenant/occupant/business) – Enter full legal name/business name and contact information.
2. Description of the parking space – Address/lot number/garage information.
3. Lease Term – Start and End Dates.
4. Rent and Payment Terms – The total amount and due dates.
5. Security Deposit – Total amount requested from parking space owner.
6. Permitted Use – Type of vehicles allowed/not allowed.
7. Maintenance and Repairs Responsibilities – Keeping the parking space area clean and accessible (not disturbing others/no hazardous materials).
8. Liability and Insurance – Usually landlords rent parking spaces as-is and are not responsible for any theft that may occur. Landlord may require Tenant to have insurance.
9. Access and Security – Garage Hours/Security Details (if any).
10. Termination Terms – Notice period (# of days) and any penalties for breaking the parking lease agreement early.
11. Default Rent Payment Penalties and Eviction Rules – Standard rules/penalties for non-payment of rent or lease violations.
12. Additional Provisions – Rules for guest use of parking space/snow plow rules/overnight parking/towing.
13. Signatures – All parties in transaction must sign the parking lease agreement in order to be 100% legally binding contract.

Sample Parking Space Lease Agreement PDF Template