If you are planning to share a driveway with a neighbor, it is essential to have a clear and detailed agreement in place. A shared driveway agreement template can help you to establish the rights and responsibilities of each party and prevent misunderstandings or conflicts in the future.
Here are some key elements to include in a shared driveway agreement template:
1. Description of the shared driveway: Begin the agreement by clearly describing the location and boundaries of the shared driveway. This should include the dimensions of the driveway as well as any existing structures such as fences or gates.
2. Rights and obligations of each party: Specify the rights and obligations of each party regarding the use of the driveway. This can include the maximum number of vehicles allowed, the time of day when the driveway can be used, and how to handle any maintenance or repairs.
3. Maintenance and repairs: Spell out who is responsible for maintaining and repairing the driveway. This can include tasks such as snow removal, filling potholes, and cleaning up debris.
4. Liability and insurance: Specify who will be held liable in case of any accidents or damages related to the driveway. It is also advisable to require each party to have liability insurance and to list the other party as an additional insured.
5. Dispute resolution: Include a process for resolving any disputes that may arise between the parties. This can include mediation, arbitration, or small claims court.
6. Duration and termination: Specify the duration of the agreement and the conditions for termination. This can include a clause allowing either party to terminate the agreement with a certain amount of advance notice.
Having a shared driveway agreement template in place can help to ensure that both parties are clear on their rights and responsibilities. It can also help to avoid costly legal disputes down the road. If you are planning to share a driveway, consider working with an experienced attorney to draft a custom agreement tailored to your specific situation.