What is a Parking Addendum?
A parking addendum (or parking rules addendum) is a legal contract that is often included in a residential lease agreement. This agreement between a landlord and tenant outlines the rules and responsibilities for the parking regulations at the address specified in the lease agreement.
Why Include a Parking Addendum in a Residential Lease Agreement?
In some states, a parking addendum is required for buildings with multi-unit complexes. However, this addendum can be beneficial for both single-family and multi-family dwellings. This allows landlords to set clear parking regulations and reduce conflict between tenants. For single-family dwellings, owners can limit the number of vehicles allowed on the premises as well as clarify where parking is allowed.
What to Include in a Parking Addendum
Landlords should include the following information in a parking addendum:
- Type of Agreement – The heading and opening should state that this is a parking rules addendum.
- Lease Date – The date of the original lease should be included.
- Agreement Date – Landlords should include the date that the agreement is signed and goes into effect.
- Name and Address – Landlords should include the names and addresses of both the landlord and tenants.
- Signature and Date – The agreement should be signed and dated by both the landlord and tenants.
- Vehicle Information – The make, model, license plate number, color, state, and year of the vehicle should be included.
- Parking Rules – All parking rules that the Landlord will be enforcing must be included in the lease agreement.
- Change of Parking Rules – Landlords should clarify how they will provide notice to tenants of any changes in the parking rules addendum.
- Governing Law – The law governing the lease agreement will also apply to this addendum.
Landlords should research local laws and regulations before creating their parking rules addendum. In order to prevent future miscommunication issues with tenants, all rules should be clear and easy to understand. Landlords may want to consider the following while choosing what to include in their agreement:
- Assigned parking spots
- Guest parking rules
- Towing procedures
- Snow removal procedures
- Accommodations for people with disabilities
- Inoperable vehicle ban
- Specifying one proper-sized vehicle per parking space
- Number of vehicles allowed on the property (for single-family dwellings)
- Street parking rules