Lease of Domestic Car Parking Space
This Lease of Domestic Car Parking Space should be used where the owner of a car parking space wishes to grant a lease of the space to a Tenant. This template can be used for all types of parking space, from a single open-air plot to a space in a multi-storey car park.
The car parking space is to be used for parking domestic vehicles and not for business purposes. Leases and licences for the commercial use of garages and parking spaces can be found in the Bare Land Leases and Licences and Industrial Leases and Licences sections of the website.
The lease grants the Tenant the right to exclusive use of the parking space. If relevant, the Tenant is also given a right of way over any land owned by the Landlord which gives access to the garage.
The Tenant is to pay a monthly rent. No mention is made of council tax, business rates or utilities charges. If any of these apply to the parking space, the Landlord must make sure that the rent is sufficient to cover these outgoings.
The lease has a fixed Term which can be brought to an end early by either party giving notice as set out in clause 4. The Term should not exceed 7 years as such a lease would be subject to compulsory registration at the Land Registry and would need to be in a different form. In practice, Landlords will often keep the lease term fairly short (e.g. a year) and then renew the lease if the arrangement is working well. The renewal provides an opportunity to review the rent and alter any other terms of the lease.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.
This Lease of Domestic Car Parking Space is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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