This agreement can be useful in large cities, where many people live in a small space and therefore use storage facilities to keep personal belongings. PandaTip: The model section below describes the configuration and unit rented by the customer with this stock rental agreement. Use this full garage/storage rental agreement from ezLandlordForms to set the terms of your garage or storage rental. There are many other aspects to leases. Most states require operators to inform tenants of the deposit procedure and warn them of a possible auction of their property for non-payment. Some require each page to be signed or for certain paragraphs to be initialized. Above are some of the most critical elements; But to make sure you`re protected, pass on your ideas and plans to a lawyer who knows the law in this area. A few dollars in attorney fees could save you hundreds of hours and thousands of dollars in the future. PandaTip: The damage part of the presentation of the storage unit rental agreement should be used to cover all costs and liabilities. The tenant agrees to be held liable only for damage caused to the rented storage unit that goes beyond normal wear and tear within the meaning of the law. If damage is discovered beyond wear and tear, the tenant agrees to pay for this damage before recovering ownership of the storage unit. Although it is not frequent, it happens.
You should consider having in your contract a certain language about how life in storage units is prohibited. No matter how bad you feel when it comes to a tenant`s situation, living in storage units can be dangerous and a heavy burden on your business. Storage device managers should regularly monitor access protocols so they can see if someone registers within a reasonable amount of time and doesn`t leave.