buying Parking lease: What are the legal points to check before signing?

16:45  13 september  2021
16:45  13 september  2021 Source:   challenges.fr

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Bail de parking © John Matichuk / UNSPLASH Parking Lease Practice - The rental of a parking space involves respecting certain legal rules. These are different if it is a car park annexed to a dwelling or if it is autonomous.

When talking about the real estate market, we immediately think about housing or even the rental or sale of professional property. But there is also a real car park. Park in urban areas is often difficult because of the high density of road traffic. In other words, each parking space is coveted. There are of course the temporary parking lots often pay and free of access, but for residents of a dwelling, nothing is worth a fixed parking space and reserved for its own use.

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This is how a real real estate undermarket of the car park has grown and proves profitable for investors. Certainly, the record of the most expensive parking space of the world , sold a million euros in Hong Kong, will probably not be beaten in France, but for investors or tenants, it is a Very sought after. The rise of electric vehicles could also have an influence in the coming years, an parking space equipped with an load terminal being particularly sought. What are the legislative elements to know before renting a fixed parking space?

Parking lease related to an

home nowadays, the presence of a terrace or balcony can climb the price of a dwelling. A fact that also applies to parking. For a tenant, arrange parking is indeed a real plus. When this parking space is linked to the rental lease, we speak of annex parking. In this case, the parking space is an integral part of the rental lease. For the tenant, it is a question of checking the duration of the lease, the modalities of potential increase of rent, the possibilities or not of undergrass, and the end date of the lease. It should be noted that this parking space must imperatively be in writing within the rental lease as an annex of the housing concerned. If this is not the case and that a dispute occurs between the tenant and the lessor, the court may be seized by one or other of the parties. It will then be in court to judge whether this parking space is or not an annex to housing.

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Autonomous Parking Lease

Given the strong demand, it is not uncommon for investors to rent parking spaces that are not related to a particular home. We speak in this case of autonomous parking space. In this context, the rental of this parking space is governed by precise legislative rules. An oral contract can nevertheless be sufficient, but in most cases, this rental is recorded in writing with the signing of an autonomous parking lease. As a housing, this lease must have certain indications, starting with the rent price, the terms of review of this tariff, the duration of the lease and the conditions of renewal, and the possible amounts of a deposit and of Loads. An inventory may also appear on the lease of a self-contained parking, as is the precise location of the latter (address, place number), the access means leading to this parking space and the potential clauses resolutory . Like a dwelling, a parking space therefore most often the subject of very precise contractual rules between the lessor and the tenant.

(by the writing of the HREF agency)

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usr: 1
This is interesting!