Parking Lot Research Paper

An attractive parking lot can do wonders for your property's curb appeal. When cracks have been filled, potholes patched and fresh sealcoating applied, your parking lot can have a dark, rich color and a smooth, level surface. However, if you are not having striping and other pavement markings applied your parking lot will not be as appealing as it could be. In addition, it will be less safe for everyone who drives or walks on your pavement. What you might not realize, however, is that your wallet could be affected by your lack of pavement markings.

Your Parking Lot Could Affect Your Revenue
Whether you are responsible for tenant parking at an apartment complex, customer parking at a grocery store or any other type of parking lot, you need …show more content…
You Could Face Legal Repercussions
If your parking lot does not have the proper markings, you could find yourself embroiled in a legal dispute.

• If your parking lot does not have the markings required by the Americans with Disabilities Act, you could be fined. There have also been several lawsuits filed against businesses with parking lots that did not provide the mandatory access, including adequate parking spaces and safe paths of travel between the business and handicapped spaces.
• Drivers whose vehicles are damaged due to insufficient markings may expect you to compensate them for the damage. A few of them might even file a lawsuit over the issue. However, if an individual is seriously injured, the chances that he or she will sue you are excellent. You may have adequate insurance to cover your liabilities, but you can face a rate hike that could take a bite out of your profits.
• Non-compliance with local ordinances could also lead to fines. For example, if you do not mark the lanes used for emergency responders, you could be fined.

Other Ways That Unmarked Lots May Affect Your