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Hey r/PF folks, so a guy in my neighborhood needs a garage to park his very nice car in. He's going to pay me $100 a month for a spot in the one car garage attached to my house. Pretty sweet boost to our monthly income.

So I have seen quite a few templates for parking lease contracts online, and will probably pick whichever seems best. Definitely will make sure I am not liable for any damage to the car, should it occur. We both agree that 6 month duration will work. I am also going to ask the guy for a couple references as well as emergency contact.

I figure there's a lot that can go wrong with an arrangement like this, but I don't want to be paranoid either. He will only have garage access. Entrance to house is secure.

Does anyone have any advice for me on what pitfalls to avoid? Things I make sure get into the contract?

Thanks!



Submitted May 11, 2020 at 08:53PM by uwjames https://ift.tt/2SV4gDm

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