A storage lease agreement is a document that lets you store your belongings at someone else’s place for a certain period of time. The agreement should list the lessee’s name, contact information, and the length of time they will be storing their belongings at the lessor’s place. The agreement should also specify what type of belongings can be stored (e.g., furniture, clothes, etc.), and whether or not the lessee has access to the belongings while they are being stored. The agreement should be signed by both parties and dated.
If you are looking for a place to store your belongings, you can use our storage rental agreement template to make your own storage agreement. Simply fill out the information below, print out the agreement, and use it to rent a storage space.
Download your Fillable Storage Rental Agreement in PDF format:
– Adobe PDF
Your belongings might be stored in different storage spaces. Here are some of the most common types of storage units:
When you are creating a storage lease, there are a few things that you should include:
Here are a few tips to keep in mind when you are creating a storage lease agreement:
If you have any questions about the agreement, be sure to consult with an attorney before signing.
A storage rental agreement will differ from contract to contract, but a typical storage rental agreement template should touch on the following details:
Step 1. Decide on the payment method
The first thing you need to do is agree on how the renter will pay for storage. This could be a one-time payment, monthly payment, or something else entirely. You’ll also need to decide how long the storage will be rented for.
Step 2. Choose what type of belongings can be stored
The next step is to decide what type of belongings can be stored in the rented space. For example, you may only want to allow furniture or clothes to be stored. This helps to prevent the storage space from getting too cluttered.
Step 3. Set a time limit for access to the belongings
If the renter needs to access their belongings while they’re being stored, you’ll need to set a time limit for this. For example, you may allow the renter to access their belongings once per week for an hour at a time.
Step 4. Sign and date the storage space rental agreement
Once you’ve filled out all the information, both parties will need to sign and date the agreement. This helps make the agreement legally binding.
A storage rental agreement template has to cover some important details that we will discuss in this section. Just follow the steps when filling out the document.
Step 1 – Mention the date and information about the parties
In the first section of the storage agreement, write down the date of creating the document. Then, specify the names of the tenant (a person renting storage space) and the landlord (a person owning the rental space and renting it out).
Step 2 – Describe the rental unit.
Next, the basic info about the rental unit itself has to be presented. It includes the title of the unit (if any) and its legal address. The number of a rental unit assigned to the tenant has to be here too.
Step 3 – Specify rent cost and due date
The rent that should be paid monthly has to be mentioned in this part of the storage space lease agreement. Another piece of information needed is the due date and fees for missing the due date of payments. You might also want to use this section to make it clear from which date the storage space rental agreement starts (meaning when the tenant might start using the rental unit). The security deposit amount might be mentioned here or in a separate section.
Step 4 – Information about the occupant
This part of the document will require the specification of the tenant’s name, phone number, email address, and standard mail address.
Step 5 – Acknowledgements
Some acknowledgments should be included in the storage rental agreement showing that the tenant gets to learn some important information before they sign the document.
One of the acknowledgments is that the tenant needs to let the landlord know if they serve in the military.
Another one is understanding that the rental unit might lack humidity control and if this is the case, it might affect the stored belongings.
One more acknowledgment is the use of locks – the tenant has to choose locks that they will use to enter the storage space. It might be a standard lock or their own one.
Step 6 – Standard provisions
It is typical for this type of contract to have fixed terms that let protect tenants from various unfortunate situations. These provisions should correspond to state laws regarding tenancy. Even though both of the parties have their responsibilities, the major liability falls on the landlord. This is why they should explicitly mention their responsibilities here.
Step 7 – Value of the stored property
The next thing to mention is the estimated price of the belongings stored in the rental unit. There might be a certain limit to the value of the items stored in the storage space due to the requirements of the policy provider.
Step 8 – Details about payments
Another section to add to a storage rental agreement is the method of payments and their destination which should include the landlord’s mailing details or bank info. It is also important to mention that if the official place of business of the landlord is far away from the physical storage space.
Step 9 – Access to the tenant’s belongings
Further, the storage space rental agreement has to mention who can come to the storage space. It might be the tenant only or some other people like family or close friends as well.
Step 10 – Additional charges
In this section of the storage rental agreement, any possible extra fees should be specified. This part should touch on the security deposit, fees for enhanced security, any charges for mailing invoices, etc.
Step 11 – Grace period
Additionally, the storage rental agreement has to mention how many days after the payment is due the tenant has to pay the amounts owed before any late fees apply. The late fee amount has to be mentioned in this section as well.
Step 12 – Extra fees
Other charges that have to be included are fees for bounced checks and auction or publication charges in the event the storage property is foreclosing.
One more charge that the tenant might need to pay is a fee for cutting the lock.
Step 13 – Liability clause
Another thing that has to be covered in the storage rental agreement is the situations where the landlord is held liable. It should additionally touch on what constitutes legal default.
Step 14 – Signatures
Lastly, the parties have to solidify their agreement and put their signatures along with their print names. If the landlord cannot sign the document themselves, their representative should put their signature on the storage rental agreement. The same applies to the tenant – if they rent storage space on behalf of a business, the name of this business has to be specified.
How long does a storage unit rental agreement last?
The length of a storage unit rental agreement can vary depending on the terms that are agreed upon by the landlord and tenant. Some agreements may be for a month-to-month basis, while others may be for a longer period of time, such as six months or a year.
How much does it cost to rent storage space?
The price of renting storage space will vary depending on the size of the unit, the location, and the length of the rental agreement. Generally, the larger the unit and the longer the rental agreement, the more expensive it will be.
When does a storage space rental agreement expire?
A storage space lease agreement will expire on the date that is specified in the agreement. After this date, the tenant will need to either renew the storage space rental agreement or move out of the unit.
What happens if I need to cancel my storage space rental agreement?
If you need to cancel your storage rental agreement, you will need to provide written notice to the landlord. The amount of notice that is required will be specified in the agreement. Once the notice period is up, you will be able to move out of the unit and will not be responsible for any further payments.
How do I access my storage unit?
You will need to get a key from your landlord in order to access your storage unit. Be sure to return the key when you are finished using the unit.
Can I have someone else access my storage unit for me?
Yes, you can give someone else access to your storage unit as long as they have a key. Be sure to specify who has a key in the storage rental agreement.
How often can I access my storage unit?
You should be able to access your storage unit anytime during the hours that the storage facility is open. However, you may want to check with your landlord to find out if there are any restrictions on access.
What if I need to move out before my rental agreement is up?
If you need to move out before your rental agreement is up, you will need to provide written notice to the landlord. The amount of notice that is required will be specified in the agreement. Once the notice period is up, you will be able to move out of the unit and will not be responsible for any further payments.
What if I want to renew my storage space lease agreement?
If you want to renew your storage rental agreement, you will need to provide written notice to the landlord. The amount of notice that is required will be specified in the storage space lease agreement. Once the notice period is up, you will be able to renew the agreement for another term.
