Owning a car in India is no longer a luxury. It is a necessity. With blooming economy, attractive schemes from manufacturers & dealers and a wide range to choose from, the discerning Indian citizen is spoilt with choices.
Increase in vehicular sales also implies increased pollution, choking traffic and most importantly congested and lack of parking space. In such a scenario, finding permanent parking space for car owners and aggregators is tasking.
Car owners are constantly scouting for safe space for securing their vehicles during off activity hours. This has led to a massive surge in demand for organised parking spaces. Paid parking, contracted parking are new concepts evolving in concrete jungles. Landlords & house owners are letting out parking space to tenants in exchange for a fixed sum. Professional parking service firms are renting lands and converting them into common space for exclusive carports.
Car parking agreements are simple documents which can be easily drafted. While many agreement formats are available online, they may not suit your situation and may miss few key clauses.
To create one, both owner of the parking space and the owner of the vehicle must be 18+ and must be of sane mind. The following people usually require a car parking agreement –
Such arrangements call for a written contract securing the interests of all the parties involved. It lays down rights and obligations and creates a framework for future reference.
You can use our Car Parking Agreement on our site to quickly make a rental agreement. An all inclusive contract should cover the below aspects.
This simple agreement format has been drafted keeping recent dynamics and trends in mind. It covers the finest aspects arising out of contractual relationship between an owner and parker.
To make a car parking agreement legally valid, execute the following steps-
The rights and obligations of the owner and parker are governed by the written agreement. The car parking agreement creates and manages a legal relationship between the parties. If there is no documented agreement in place,
If you think you might end up creating a draft that’s not comprehensive enough, then we’re happy to tell you than we can do it for you! We have expert verified, pre-drafted templates which you can fill out in a matter of minutes and print on a stamp paper. You can also allow us to print it on stamp paper and deliver it to your doorstep! Go ahead, create a car parking agreement now!
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