The Parking Agreement is essential for managing parking facilities in Singapore's dense urban environment. It provides a comprehensive framework for both temporary and long-term parking arrangements, ensuring compliance with Singapore's Parking Places Act and related regulations. This document is particularly crucial given Singapore's strict parking regulations and limited space. The agreement covers essential aspects such as access rights, payment terms, security measures, and operational guidelines, while accounting for specific requirements of different property types and usage patterns.
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1. Parties: Identifies the parking space owner/operator and the parker
2. Background: Context of the agreement and brief description of the parking arrangement
3. Definitions: Key terms used throughout the agreement including references to relevant Singapore legislation (Parking Places Act, Road Traffic Act)
4. Parking Rights: Specific rights granted regarding parking space use, compliant with URA and LTA regulations
5. Term and Termination: Duration of agreement and termination conditions
6. Fees and Payment: Parking fees, payment terms and methods
7. Rules and Regulations: Operating hours, conduct rules, restrictions in compliance with local regulations
8. Liability and Indemnity: Responsibilities and limitations of liability for both parties
1. Security Deposits: Terms for security deposits for long-term parking arrangements exceeding 6 months
2. Insurance: Insurance requirements and liability coverage for commercial parking arrangements
3. Access Cards and Permits: Details of access methods and security measures for facilities with electronic access systems
4. PDPA Compliance: Specific section on personal data protection compliance for agreements involving collection of personal data
1. Schedule 1: Parking Space Details: Location, lot number, dimensions and specifications of the parking space
2. Schedule 2: Fee Schedule: Detailed breakdown of parking fees, charges, and payment terms
3. Schedule 3: Operating Hours: Detailed schedule of operating hours and access times
4. Schedule 4: Building Rules: Applicable building management rules and regulations
5. Schedule 5: Emergency Procedures: Emergency contact information and procedures
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