Define: Commercial Parking

The meaning of “Commercial Parking” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Commercial Parking defined in a legal contract?

  • Commercial Parking means a structure or part of a structure where parking spaces are available for lease by the public. Seen in 15 SEC filings
  • Commercial Parking means parking provided by either a private or public entity, for which a usage fee is charged. Seen in 4 SEC filings
  • Commercial Parking means a parking lot or garage purpose-built to provide parking for the general public on a rental basis, as opposed to parking lots or garages which are built as a requirement or for supplemental purposes for another building. Seen in 3 SEC filings
  • Commercial Parking means area where there are charges to be paid for parking on an hourly, daily, monthly, or other basis. Seen in 3 SEC filings
  • Commercial Parking means any arrangement where a vehicle is parked and a fee is charged for the parking of that vehicle. Seen in 1 SEC Filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of commercial parking' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

Commercial Parking means a place where any vehicle can be parked for a fee.

Relevant Contract Types

Relevant Circumstances

  • Renting a parking space
  • Establishing a commercial car park
  • Leasing a property with a commercial car park

Relevant Sectors

Genie Definition 2

Commercial Parking means a specific structure providing rental parking spaces to the public.

Relevant Contract Types

Relevant Circumstances

  • Operating a parking garage
  • Leasing a part of a building for parking

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Commercial Parking" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Commercial Parking'?

Commercial Parking means a place where any vehicle can be parked for a fee.

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