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Parking Easement Agreement

Parking Easement Agreement Template for Canada

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Key Requirements PROMPT example:

Parking Easement Agreement

"I need a Parking Easement Agreement for a downtown office building where I'm granting 50 parking spaces to the neighboring hotel property, with the arrangement starting March 1, 2025, including special provisions for valet parking and 24/7 access."

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Document background
A Parking Easement Agreement is essential in situations where property owners need to formally establish parking rights on neighboring or nearby properties. This document type is commonly used in Canadian jurisdictions where shared parking arrangements are necessary due to space limitations, zoning requirements, or business needs. The agreement typically arises in urban developments, shopping centers, office complexes, or mixed-use properties where parking availability is crucial for business operations. The document establishes detailed terms for parking rights, including specific areas designated for parking, usage hours, maintenance responsibilities, and cost sharing arrangements. It must comply with provincial property laws, land registration requirements, and local municipal bylaws. The agreement is particularly important in situations where long-term parking rights need to be secured and protected through proper registration on title.
Suggested Sections

1. Parties: Identification of the property owner (Grantor) and the party receiving the parking rights (Grantee)

2. Background: Context of the agreement, including description of the properties involved and purpose of the easement

3. Definitions: Key terms used throughout the agreement including 'Easement Area', 'Permitted Use', 'Common Areas'

4. Grant of Easement: Formal grant of the parking easement rights and specific permissions granted

5. Description of Easement Area: Detailed description of the physical area covered by the parking easement

6. Term and Duration: Period for which the easement is granted (often perpetual) and any conditions for termination

7. Permitted Use: Specific allowed uses of the parking area, including any time restrictions or user limitations

8. Maintenance and Repairs: Responsibilities for maintaining, repairing, and clearing the easement area

9. Insurance and Liability: Insurance requirements and allocation of liability for incidents in the easement area

10. Covenants and Restrictions: Specific promises and restrictions regarding the use of the easement area

11. Default and Remedies: Consequences of breach and available remedies

12. General Provisions: Standard legal provisions including notices, amendments, governing law, and registration

Optional Sections

1. Cost Sharing: Used when parties agree to share maintenance, repair, or improvement costs

2. Snow Removal: Specific provisions for snow removal responsibilities in cold climate locations

3. Security and Access Control: When specific security measures or access restrictions are needed

4. Environmental Matters: When environmental concerns need to be addressed, such as drainage or contamination

5. Development Rights: When future development of adjacent areas needs to be addressed

6. Relocation Rights: When the grantor wants the right to relocate the easement area in the future

7. Utilities: When the easement includes rights for utility connections or lighting

8. Special Events: When temporary alternative use of the parking area needs to be addressed

Suggested Schedules

1. Schedule A - Legal Description: Legal description of the properties involved

2. Schedule B - Easement Area Plan: Survey or plan showing the exact location and dimensions of the easement area

3. Schedule C - Parking Layout: Detailed plan showing parking space layout, traffic flow, and any designated areas

4. Schedule D - Maintenance Standards: Specific standards for maintenance and repair of the easement area

5. Schedule E - Cost Sharing Formula: If applicable, detailed breakdown of how shared costs are calculated

6. Schedule F - Insurance Requirements: Detailed insurance requirements including types and amounts of coverage

7. Schedule G - Rules and Regulations: Specific rules governing the use of the parking area

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























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Relevant Industries

Commercial Real Estate

Residential Real Estate

Retail

Office Space Management

Shopping Centers

Mixed-Use Development

Industrial

Healthcare Facilities

Educational Institutions

Hospitality

Relevant Teams

Legal

Real Estate

Facilities Management

Property Management

Operations

Development

Asset Management

Construction

Administration

Building Services

Relevant Roles

Property Manager

Real Estate Developer

Facilities Manager

Real Estate Lawyer

Commercial Property Owner

Asset Manager

Operations Director

Development Manager

Legal Counsel

Construction Manager

Site Manager

Leasing Manager

Property Administrator

Building Services Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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