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Document Description
This document is a template for a carpark rental agreement whereby the Licensor gives the Licensee a licence to use the car parking space. This license is drafted in neutral form.
The Licensor shall grant and the Licensee shall occupy the Carpark Space at Premises for the Term of Licence (as defined below) and both parties agree to observe and perform the terms and conditions.
The Licence Fee is the amount to be paid on a periodic basis, the licence fee includes fixtures, fittings and equipment, and other items and fees as listed in the Schedule.
How to use this Document?
This document should be carefully read by the Licensor and Licensee.
Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid future disputes, both parties may wish to have their signature witnessed.
License Fee, Term of License and rights and liabilities should all be clearly stated in the Rental Agreement.
If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.
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