THIS PARKING AGREEMENT (the "Agreement") is entered into on this, ______________ _____, ________.
BY AND BETWEEN:
In regard to the Parking Space located at , (the "Space").
The Landlord and Tenant do hereby agree to abide by the terms set out in this Agreement. The terms of this agreement are as follows:
- THE SPACE
The Space is described as: .
Tenants shall pay to Landlord Dollars ($ USD) every (the "Rent"). Payments will be made on or before for the entire term of this Agreement. Payments can be made in the following forms: .
Payments are to be made at In the event that any payment by Tenants is returned for insufficient funds ("NSF") or a stop payment, Tenants shall reimburse Landlord any related charges or fees incurred. Landlord may also require in writing that Tenants pay Rent in cash for three months, and that all future Rent payments shall be remitted by Tenants to Landlord by money order or cashier's check.
Tenant shall be courteous and attentive when parking a vehicle. Landlord shall have the right to have towed, at Tenants expense, any vehicle parked in an unauthorized manner
- INOPERABLE, UNLICENSED VEHICLES
The parking facilities are provided for the exclusive use of regularly used vehicles. Any unused, inoperable or unlicensed licensed vehicles will be removed from the Space by Landlord and towed at Tenants sole expense. Tenant shall carry Public Liability and Property Damage Insurance on all personal property situated upon the leased premises in order to indemnify and save harmless the Landlord against liability for any loss, damage or personal injury suffered by Tenant and/or others parked upon Landlord's premises.
- HOLD HARMLESS
Tenant understands and agrees that Landlord cannot guarantee the safety of vehicles in the Space and also agrees that he or she will hold Landlord blameless in the event of damage to, theft from or theft of the vehicle.
In the event of an emergency, upon Landlord's insistence, Tenant hereby agrees to immediately clear any parking facility being provided herein until such reasonable time as Landlord can restore said parking to Tenant and with all pre-paid rent being refunded to Tenant on a pro rata basis to cover that time during which Tenant was denied use; however, Landlord shall not be obligated to make compensation for any expenses incurred by Tenant during this period of time as a result of Tenant's use of pay parking facilities elsewhere.
Any amendment or modification of this Agreement or additional obligation assumed by either party in connection with this Agreement will only be binding if evidenced in writing signed by both parties.
- GOVERNING LAW
This Agreement shall be governed and construed in accordance with the laws of the State of .
- HEADINGS AND INTERPRETATION
Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement. In interpreting the language of this Agreement, the Landlord and Tenant will be treated as having drafted this Agreement after meaningful negotiations. The language in this Agreement will be construed as to its fair meaning and not strictly for or against either Party.
The parties hereby indicate by their signatures below that they have read and agree with the terms and conditions of this Agreement in its entirety.