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Parking Sublease Agreement
"I need a Parking Sublease Agreement for subletting two parking spaces in a commercial office building in Manchester to a tech company, with the sublease running from March 2025 for 12 months, including EV charging facilities and 24/7 access rights."
1. Parties: Details of the head tenant (sublessor) and subtenant (sublessee)
2. Background: Context of the agreement, including reference to head lease and authority to sublease
3. Definitions: Key terms used throughout the agreement
4. Grant of Sublease: Formal grant of the parking space rights
5. Term and Payments: Duration of sublease and payment terms
6. Permitted Use: Specified uses of the parking space
7. Maintenance and Repairs: Responsibilities for upkeep
8. Insurance: Required insurance coverage
9. Termination: Conditions for ending the agreement
1. Security Deposits: Terms for security deposit if required - use when requesting upfront security
2. Access Control: Details of access cards, keys, or permits - use for controlled parking facilities
3. CCTV and Monitoring: Terms regarding surveillance - use when parking area has monitoring systems
4. Electric Vehicle Charging: Terms for EV charging facilities - use when EV charging is available
1. Plan: Drawing or plan showing exact location of parking space
2. Head Lease Extract: Relevant provisions from head lease affecting sublease
3. Parking Rules and Regulations: Specific rules governing use of the parking facility
4. Payment Schedule: Detailed breakdown of payments and due dates
5. Photo Schedule: Photos documenting condition of parking space at start of sublease
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