The Sarasota Mall and DEH Movie Theatre are separate propert…
The Sarasota Mall and DEH Movie Theatre are separate properties, each with their own tax identification numbers, and each owned by unrelated companies. The Sarasota Mall and DEH Movie Theatre are located directly next to each other, and each has its own parking lot. All day during the traditional holiday shopping season, and during weekends and evenings, the parking at both properties are typically crowded. To reduce that pressure, the owners of the Sarasota Mall and DEH Movie Theatre have agreed to allow each other’s customers to use either of the lots to park their vehicles. The Sarasota Mall and DEH Movie Theatre also agree to allocate insurance coverage and maintenance concerning this cooperative parking arrangement. The final document described this arrangement will be recorded with the Sarasota County Clerk of Court. This is an example of a(n): (Select one answer only.)