PARKING SPACE RENT AGREEMENT
This Agreement is made at Zirakpur on 3 April 2026.
BETWEEN
Tejinder Pal Singh, of Flat No. 604, Tower C, Motia Royal Citi, Zirakpur 140603, phone 98140 33221 (the "Owner");
AND
Ashok Verma, of Flat No. 512, Tower B, Motia Royal Citi, Zirakpur 140603, phone 97790 44556 (the "Renter").
The Owner and the Renter are each a "Party" and together the "Parties".
RECITALS
A. The Owner is the owner of the unit or plot to which the parking space is allotted or attached, entitled to deal with it without any further consent, in respect of the parking space described in the Schedule to this Agreement.
B. The Owner has agreed to let the Renter use that parking space for the Renter's vehicle, described below, on the terms of this Agreement.
NOW THIS AGREEMENT WITNESSES as follows.
- NATURE OF THE ARRANGEMENT
1.1 This Agreement is a leave and licence, granting the Renter permission to use the parking space without any transfer of exclusive possession of, or interest in, the space.
- THE VEHICLE
2.1 The parking space may be used only for the Renter's a car bearing registration number CH01 AZ 4455. If the Renter wishes to park a different vehicle, the Parties shall record that change in writing before it happens.
- TERM
3.1 This arrangement begins on 1 April 2026 and is a fixed term ending on the end date stated below.