What are the precautions for parking spaces?

Legal analysis: 1. Lease term, lease start and end date, monthly parking fee and liability for breach of contract, etc.

Second, whether the parking space has property rights must be clear whether this is a parking space with property rights or a parking space with only the right to use. Parking spaces with property rights can be resold. Through the intervention of property management companies, only parking spaces with the right to use will be transferred, and the cost will be much lower than that of parking spaces with property rights.

Check the relevant documents of the parking space owner and the parking space ownership certificate, and go to the property management company to prove it to ensure the authenticity and reliability of the parking space.

Third, the parking space can only be used for 20 years. According to the provisions of the Civil Code, the longest effective period of rented parking spaces and garages shall not exceed 20 years. More than 20 years, more than part is invalid.

Fourth, the investment parking spaces should be carefully selected. Investing in parking spaces is much riskier than investing in real estate. Choose parking spaces carefully.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 703 A lease contract is a contract in which the lessor delivers the lease item to the lessee for use and profit, and the lessee pays the rent.

Article 704 The contents of a lease contract generally include terms such as the name, quantity, purpose, lease term, rent, payment term and method, and maintenance of the lease item.

Article 705 The lease term shall not exceed 20 years. More than twenty years, the excess is invalid. At the expiration of the lease term, the parties may renew the lease contract; However, the agreed lease term shall not exceed twenty years from the date of renewal.