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Shared driveway agreement template

Driveway agreement 2025

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The Driveway License Agreement outlines the terms under which a Licensor grants a nonexclusive license to a Licensee for the use of a driveway on the Licensor's property. It details the responsibilities of both parties, including maintenance, termination conditions, and restrictions on use. The agreement emphasizes that it is personal to the Licensee and cannot be assigned or sublicensed. Additionally, it includes provisions for indemnification, arbitration for disputes, and stipulates that any modifications must be in writing.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much does a driveway easement cost?

While drafting a simple easement agreement could range between $2 000 -$5 000 on average, more detailed easements could attract even higher costs totaling around $15 000 -$7 000 or even more.

Who owns the driveway easement?

Even if youre granted an easement to use your neighbors driveway to access the main road, your neighbor, the grantor in this case, retains all control and ownership. It is still their land, after all!

What is a driveway agreement?

A shared driveway easement is a legal agreement between two or more property owners that allows them to use a shared driveway to access their properties. This agreement is typically in the form of a written contract, and it outlines the rights and responsibilities of each party.

Is it hard to sell a house with a shared driveway?

If your shared driveway is the only one in a residential neighborhood where everyone else has their own driveway, its going to affect value. However, if a shared driveway is the norm in your neighborhood, theres no need of an adjustment. Just make sure your buyer has clear and distinct expectations.

How much does a driveway option cost?

Cost By Size and Type of Driveway Type of DrivewaySize of DrivewayAverage Cost Tarmac 30m2 1,300 to 3,200 60m2 2,500 to 5,000 90m2 4,000 to 7,500 Concrete 30m2 2,500 to 4,00011 more rows Jan 21, 2025