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Parking Rental Agreement
"I need a Parking Rental Agreement for 10 parking spaces in my commercial building in Manila, starting January 2025, with specific provisions for electric vehicle charging stations and 24/7 security monitoring."
1. Parties: Identification of the Lessor (parking space owner/operator) and Lessee (tenant/parker), including complete names, addresses, and contact information
2. Background: Brief context of the agreement, including the purpose and nature of the parking arrangement
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Parking Space Details: Specific identification and description of the parking space(s) being rented, including location, dimensions, and slot number
5. Term and Renewal: Duration of the rental agreement, commencement date, and conditions for renewal
6. Rental Fee and Payment Terms: Amount of rent, payment schedule, payment methods, and late payment penalties
7. Security Deposit: Amount of security deposit, terms of retention and return
8. Use and Access: Rules regarding use of the parking space, access hours, and any restrictions
9. Maintenance and Repairs: Responsibilities for maintaining the parking space and handling repairs
10. Insurance and Liability: Insurance requirements and allocation of liability for damages or losses
11. Termination: Conditions and procedures for early termination of the agreement
12. Governing Law: Specification that the agreement is governed by Philippine law
13. Execution: Signature blocks and execution details
1. Vehicle Registration: Required when the agreement is specific to particular vehicles, including details of permitted vehicles
2. Security Measures: Include when specific security arrangements are provided, such as CCTV coverage or security personnel
3. Subletting Provisions: Include when subletting of the parking space might be permitted
4. Utilities: Required when the parking space includes electrical charging points or other utilities
5. Building Rules: Include when the parking space is part of a larger building or complex with specific rules
6. Force Majeure: Include when parties want to address circumstances beyond their control
7. Assignment Rights: Include when transfer of rights needs to be addressed
1. Schedule A - Parking Space Plan: Detailed plan or layout showing the exact location and dimensions of the parking space
2. Schedule B - Building Rules and Regulations: Copy of relevant building or facility rules affecting parking
3. Schedule C - Fee Schedule: Detailed breakdown of all applicable fees, including any variable charges
4. Schedule D - Access Protocol: Details of access cards, remote controls, or other access mechanisms
5. Appendix 1 - Vehicle Registration Form: Form for registering permitted vehicles if applicable
6. Appendix 2 - Condition Report: Documentation of the parking space condition at the start of the lease
Authors
Parking Space
Premises
Common Areas
Commencement Date
Term
Rental Fee
Security Deposit
Building
Building Rules
Business Day
Access Hours
Permitted Vehicle
Access Card
Force Majeure
Lessor
Lessee
Notice
Payment Date
Security Systems
Utility Charges
Visitors Parking
Operating Hours
Maintenance
Emergency
Damage
Building Management
Parking Permit
Vehicle Registration
Termination Date
Term and Renewal
Payment Terms
Security Deposit
Use Restrictions
Access Rights
Maintenance and Repairs
Insurance
Liability
Indemnification
Assignment and Subletting
Default and Remedies
Termination
Force Majeure
Building Rules Compliance
Security Measures
Vehicle Registration
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Utilities and Services
Representations and Warranties
Real Estate
Property Management
Commercial Property
Residential Property
Retail
Corporate Services
Hospitality
Transportation
Parking Management
Facilities Management
Legal
Operations
Facilities Management
Property Management
Real Estate
Administration
Contract Management
Asset Management
Building Services
Corporate Services
Property Manager
Facility Manager
Real Estate Manager
Building Administrator
Operations Manager
Leasing Manager
Asset Manager
Property Administrator
Parking Operations Supervisor
Legal Counsel
Contract Administrator
Real Estate Director
Building Services Manager
Corporate Services Manager
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