It is remarkable that this document presents legal agreements and financial implications. They should then strive to complete it carefully. If the lease agreement is concluded for the entire garage, it should contain the estimated total area. Similarly, you should also delineate the boundaries of the parking lot as a whole. The garage rental contract is intended for any type of space that can be used for the storage or stopping of a vehicle. This type of contract is typical of use in condominiums or in any place where parking or storage space is limited. The landlord leases the area (usually described in square feet) to another party and can make full use of the premises until the end of the lease.