Garage Lease Agreement - Condomimiums

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					                                 GARAGE LEASE AGREEMENT
                                   ABC CONDOMINIUMS
        THIS LEASE AGREEMENT made and entered into as of the ___ day of _________,
20__; by and between __________________________, Lessor, and __________________,
Lessee.
       WHEREAS, Lessee is the owner of Unit Number ___, ABC Condominiums, a
condominium in ________ County, State of ________, according to the plat thereof recorded in
the ________ County Recorder's Office, and

 .   WHEREAS, Lessor is the owner of one or more garages located on common areas of
ABC Condominiums (hereinafter referred to as Garage), and

        WHEREAS, Lessee desires the exclusive use and Lessor desires to lease the exclusive
use to Lessee, of one garage, subject to certain conditions.

       NOW THEREFORE, in consideration of the mutual covenants contained herein Lessor
and Lessee agree as follows:

        1. Lessor does hereby grant to Lessee, under and subject to the terms and conditions
hereof, and for the term hereinafter provided, a lease for the exclusive use of one (l) garage, to -
wit: Garage No. ___.

        2. The term of this Lease shall be co-extensive with the period during which Lessee
shall own the fee simple title to the condominium unit referred to hereinabove. In the event of
the termination of Lessee's ownership of said condominium unit for any reason except devise or
inheritance, this Lease shall terminate as of such date (hereinafter Termination Date); subject
however, to the right of Lessee, exercisable as any time prior to but not later than one (1) year of
the Termination Date, to assign to any then owner of a unit at ABC Condominiums, all of
Lessee's rights pursuant to this Agreement, conditioned upon (1) the assumption by the
Assignee of all of Lessee's obligations under this agreement, and (2) the written approval of
Lessor endorsed hereon; and provided further, that if said right of assignment is not so exercised
by Lessee within and prior to the expiration of the aforesaid one (1) year period, 
				
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Description: Garage Lease Agreement - Condomimiums
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PARTNER Richard Duggan
Richard Duggan is a semi-retired lawyer, licensed in Missouri and Texas, now residing in Sedalia, Missouri. His law practice has consisted primarily of business and real estate law. He has previously published four novels, all fact-based fiction, and each featuring romance and mystery. Three of his published works are a series, featuring the husband and wife law team of John and B.J. Ryan. He is presently in the process of completing the fourth and final novel in the series.