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1. Parties: Identifies and provides full details of the landlord and tenant, including Hong Kong ID numbers/Business Registration numbers
2. Background: Brief context explaining the purpose of the agreement and confirming the landlord's authority to rent the parking space
3. Definitions: Defines key terms used throughout the agreement including 'Parking Space', 'Common Areas', 'Building', 'Management Company'
4. Grant of Lease: Specifies the grant of right to use the parking space and its exact location
5. Term and Renewal: Details the duration of the lease and any renewal options
6. Rent and Payment Terms: Specifies the rental amount, payment schedule, and payment methods
7. Security Deposit: Details the amount, payment, and conditions for return of the security deposit
8. Use of Parking Space: Specifies permitted uses and restrictions for the parking space
9. Access and Security: Details access arrangements, security cards/devices, and related procedures
10. Maintenance and Repairs: Outlines responsibilities for maintenance and repairs of the parking space
11. Insurance and Liability: Specifies insurance requirements and allocation of liability
12. Termination: Sets out circumstances and procedures for early termination
13. Governing Law: Confirms Hong Kong law as governing law and jurisdiction
14. Entire Agreement: Standard entire agreement clause
1. Management Rules: Include when the parking space is subject to specific building or facility management rules
2. Assignment and Subletting: Include if the landlord wishes to explicitly prohibit or allow assignment or subletting
3. Force Majeure: Include for longer-term agreements or where specific risks need to be addressed
4. Environmental Compliance: Include if the parking space is for commercial vehicles or where specific environmental concerns exist
5. Alterations: Include if modifications to the parking space might be needed (e.g., for electric vehicle charging)
6. Notices: Include for longer-term agreements where formal communication procedures are needed
1. Schedule 1 - Parking Space Details: Detailed description of the parking space including location, dimensions, and any specific features
2. Schedule 2 - Building Rules and Regulations: Relevant building management rules affecting the parking space
3. Schedule 3 - Payment Schedule: Detailed breakdown of rent, deposits, and other charges if complex payment structure exists
4. Appendix A - Plan: Floor plan or layout showing the exact location of the parking space
5. Appendix B - Access Card/Device Procedures: Details of security access procedures and device handling
6. Appendix C - Handover Form: Condition checklist and handover documentation for the parking space
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