| 1. | The "Landlord" submits the "Space" with the intention of making it available for rent to a "Tenant". |
| 2. | The rental fee for the "Space" will not become due to the "Landlord" until ParkLet has sourced a "Tenant" and a lease agreement commenced, and the rental fee has been received by ParkLet. |
| 3. | The monthly rental fee, to be agreed hereafter, will be subject to 20% or £10 commission whichever the greater, payable to ParkLet which shall be deducted at source. |
| 4. | The weekly rental fee, if applicable, will be subject to 25% commission payable to ParkLet which shall be deducted at source. |
| 5. | An initial administration fee of £37.5 is payable by the "Landlord" to ParkLet which shall be deducted from the first months rental fee for each contract. |
| 6. | ParkLet agree to pay the "Landlord" their net rental fee, monthly in arrears, on the first available payment date of either the 5th, 15th, or 25th of the month. The payment will be made via BACS into the bank account details to be provided by the "Landlord". |
| 7. | The "Landlord" shall permit ParkLet to disclose the Landlord's contact details to prospective "Tenant's". |
| 8. | The "Landlord" shall not enter into a contract either directly or indirectly whether written, verbal or otherwise for the use of the "Space" with the "Tenant", his/her spouse, partner, relative, or any other connected person without the agreement of ParkLet for the duration of this Agreement or for a period of 12 months after the termination of this Agreement. |
| 9. | The "Landlord" shall not receive any monies either directly or indirectly for the use of the "Space" from the "Tenant", his/her spouse, partner, relative, or any other connected person for the duration of this Agreement or for a period of 12 months after the termination of this Agreement, unless said monies are via ParkLet and subject to ParkLets commission and fees as detailed herein. |
| 10. | The "Landlord" warrants that he has good title to the "Space" and that he has full power and authority to enter into this Agreement. |
| 11. | ParkLet shall not be responsible or liable to the "Landlord" or any third party for any damage arising out of or in connection with any act or omission of the "Tenant". |
| 12. | ParkLet shall not be responsible or liable to the "Landlord" or any third party in respect of any type of direct, indirect or consequential loss (including loss or damage suffered as a result of an action brought by a third party). |
| 13. | Commission and administration fee paid to ParkLet is subject to VAT at the applicable rate. |