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This document is a template for a car parking license agreement whereby the Licensor gives the Licensee a licence to use the car parking space. This license is drafted in favour of the Licensor.
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 set out in the Agreement. This key terms of the Car Park License Agreement are:
(a) License Grant
(b) Permitted Use
(c) License Fee
(d) Deposit
(e) Warranties and covenants of the Licensor
(f) responsibilities of the Licensee
(g) indemnity
(h) Termination
The document is an agreement between Licensor (owner of the car parking space) and Licensee (who wishes to rent the parking space) where the Licensor is giving the licensee the right to use the parking space to park the designated vehicle during the term of the license.
The term of the license, vehicle registration number, license fee, designated hours for parking must be clearly stated in the agreement