Parking License Agreement for India

Parking License Agreement Template for India

This document is a comprehensive Parking License Agreement governed by Indian law, specifically designed to establish and regulate the terms and conditions for the use of parking spaces in various contexts. It addresses key aspects such as license terms, fees, operational requirements, and liability considerations while ensuring compliance with relevant Indian legislation including the Indian Contract Act, 1872, and applicable municipal regulations. The agreement provides a legally sound framework for managing parking arrangements in commercial, residential, or mixed-use properties across India.

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What is a Parking License Agreement?

The Parking License Agreement is essential for property owners, managers, and operators in India who need to formalize parking arrangements with users. This document becomes particularly relevant in urban areas where parking space is premium and requires careful management. The agreement covers crucial aspects such as space allocation, access rights, payment terms, security measures, and liability provisions. It is designed to comply with Indian contract law and local municipal regulations, making it suitable for various contexts including commercial complexes, residential buildings, shopping centers, and business parks. The document helps prevent disputes by clearly defining rights and responsibilities while providing a structured framework for parking space management.

What sections should be included in a Parking License Agreement?

1. Parties: Identification of the licensor (parking space owner/operator) and licensee (party receiving parking rights), including full legal names and addresses

2. Background: Context of the agreement, including brief description of the parking facility and purpose of the arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Grant of License: Specific details of the parking rights being granted, including location, number of spaces, and type of vehicles permitted

5. Term and Renewal: Duration of the license agreement and conditions for renewal

6. License Fee and Payment Terms: Amount, payment schedule, and method of payment for the parking license

7. Operating Hours and Access: Specified times during which the parking facility can be accessed and used

8. Security and Safety: Safety measures, security arrangements, and related responsibilities

9. Maintenance and Repairs: Responsibilities for maintaining the parking area and handling repairs

10. Rules and Regulations: Specific rules governing the use of the parking facility

11. Liability and Insurance: Allocation of risks, insurance requirements, and liability limitations

12. Termination: Circumstances and procedures for terminating the agreement

13. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction over disputes

14. Notices: Process and addresses for sending formal communications between parties

What sections are optional to include in a Parking License Agreement?

1. Vehicle Registration: Required for agreements where specific vehicles must be registered for use of the parking space

2. Security Deposit: Include when a security deposit is required from the licensee

3. Additional Services: Used when the agreement includes valet parking, car washing, or other supplementary services

4. Sublicensing Rights: Include when the licensee is permitted to sublicense the parking space

5. Electric Vehicle Charging: Required when the parking space includes EV charging facilities

6. Commercial Operations: Include for parking spaces used for commercial purposes (e.g., delivery vehicles)

7. Force Majeure: Include when parties want to address extraordinary circumstances affecting the agreement

8. Environmental Compliance: Required for facilities with specific environmental requirements or concerns

What schedules should be included in a Parking License Agreement?

1. Schedule A - Parking Space Plan: Detailed plan showing the exact location and dimensions of the licensed parking space(s)

2. Schedule B - Fee Schedule: Detailed breakdown of all applicable fees, including any periodic increases

3. Schedule C - Operating Rules: Comprehensive list of rules and regulations for using the parking facility

4. Schedule D - Maintenance Schedule: Timeline and scope of regular maintenance activities

5. Schedule E - Permitted Vehicles: List of registered vehicles authorized to use the parking space

6. Appendix 1 - Access Procedures: Details of access mechanisms, key cards, or other entry systems

7. Appendix 2 - Emergency Procedures: Emergency contact information and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Genie AI

Document Type

Licensing Agreement

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Property Management

Retail

Commercial Property

Residential Property

Parking Management

Facilities Management

Shopping Centers

Business Parks

Corporate Services

Hospitality

Transportation

Automotive

Relevant Teams

Legal

Operations

Facilities Management

Property Management

Asset Management

Security

Administration

Real Estate

Contract Management

Risk Management

Relevant Roles

Property Manager

Facility Manager

Real Estate Manager

Operations Manager

Building Manager

Asset Manager

Legal Counsel

Contract Administrator

Parking Operations Manager

Site Supervisor

Commercial Property Manager

Residential Property Manager

Security Manager

Business Park Manager

Mall Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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