This Lease Agreement ("Agreement") is made and entered into on the date of signing by and between:
Lessor: Gap Offices LLC ("Owner")
Lessee: [Tenant's Name] ("Tenant")
The Owner hereby leases to the Tenant a designated parking space ("Space") located at 1212 W Main St. Rapid City, SD 57701 under the terms outlined in this Agreement.
This Agreement shall be for a fixed monthly term, beginning on the 1st day of the month and ending on the last day of the final month of the lease term. The Tenant may lease the Space for multiple consecutive months by prepaying the total rental amount.
The monthly rental fee is $[Amount], payable in advance by [Payment Method]. The rental rate shall remain fixed for the duration of the lease term. No refunds will be issued for early termination.
The Tenant may access and park in the Space beginning at 12:00 PM on the 1st day of the month.
The Tenant must vacate the Space by 12:00 PM on the last day of the final month of the lease term.
Failure to vacate the Space by the deadline may result in additional charges and/or removal of the vehicle at the Tenant's expense.
The Owner shall not be responsible for any theft, damage, vandalism, or loss of the Tenant's vehicle or personal property.
The Tenant agrees to assume all risks associated with parking in the leased Space.
The Tenant may use the leased Space to park a vehicle or store an item.
The Tenant may list a vehicle or item for sale while leasing the Space. However, the Owner is not responsible for facilitating, managing, or guaranteeing any sales.
The Tenant must comply with all applicable laws and parking regulations.
No hazardous materials, illegal substances, or abandoned vehicles may be stored in the Space.
The Space is for parking only; no repairs, maintenance, or other activities may be performed on-site.
The Agreement automatically terminates at the end of the lease term unless renewed by mutual agreement.
If the Tenant fails to vacate the Space or violates this Agreement, the Owner may remove the vehicle/item at the Tenant's expense.
This Agreement shall be governed by the laws of the State of South Dakota.
This Agreement constitutes the entire agreement between the parties. No modifications shall be made unless in writing and signed by both parties.
You can also download the full agreement as a PDF:
Download PDF