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.docxA Parking Lot Lease Agreement is a legal agreement that is used when someone wants to rent out a parking space to a company or individual. It can come in handy in crowded cities, where it is hard to find a decent, regular parking spot, but it can also be used for the smaller towns where there are spaces that could be generating income. No matter what, when leasing out or renting a parking spot, it's good to have everything spelled out clearly beforehand.
In a Parking Space Lease Agreement, the parties will have written down their expectations before the actual lease starts. As with any legal document, having an agreement that outlines what will happen in case something goes wrong or something goes unexpectedly, can certainly help protect both of the parties against any unpleasant surprises.
Generally, even while covering the unforeseeable situations, a Parking Space Lease Agreement is a relatively simple agreement to make when a lessor leases parking lot to the lessee and need only contain the basics of the understanding between the parties.
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