STORAGE RENTAL AGREEMENTTHIS AGREEMENT is made and entered into this ______ day of ________, 20__, by and between _______________ (hereafter “Owner”), and __________________ (hereafter “Renter”).
1. STORAGE SPACEOwner rents to Renter and Renter rents from Owner, the premises situated at ______________________________________ and described as follows: _____________________________________. The premises will be used for storage of personal property.
2. TERMThe term of this Agreement shall commence on ________________, 20__, and shall continue until ________________, 20__.
3. RENTRenter shall pay to Owner the rent of $_____ per month, payable on the first day of each calendar month.
4. SECURITY DEPOSITUpon execution of this Agreement, Renter will deposit with Owner the sum of $_____ as security for Renter‘s faithful performance of the terms of this Agreement.
5. USE OF PREMISESRenter shall use the premises exclusively for the storage of personal property. Renter will comply with all laws and rules affecting the premises.
6. REPAIR AND MAINTENANCERenter will keep the premises in good condition. If repairs are required, Renter will reimburse Owner for any expenses incurred.
7. INSURANCERenter will maintain adequate insurance to protect against any loss or damage to property stored on the premises.
8. DEFAULTIf Renter fails to comply with any of the terms of this Agreement, Owner may terminate this Agreement upon providing proper notice to Renter.
9. TERMINATIONUpon termination of this Agreement, Renter will remove all personal belongings from the premises. Any belongings left will be disposed of by the Owner.
10. GOVERNING LAWThis Agreement shall be governed by and construed in accordance with the laws of the state of _________. OWNER:
Whether you’re looking to lease a room for personal use or to store items, a clear and well-defined agreement ensures smooth transactions and prevents misunderstandings. Along with a simple lease agreement template, consider utilizing a storage agreement template to cover specific terms related to storage rentals. Both templates provide a comprehensive outline of responsibilities and rights for both lessors and lessees.
In situations where you’re leasing property under unique circumstances, specialized templates like the granny flat agreement template or the garage rental agreement template can prove extremely useful. These agreements encompass specific provisions that cater to the distinctive aspects of renting granny flats or garages, whether for dwelling or storage purposes. It is essential that all parties involved understand the particulars of their agreement to avoid conflict or disagreement in the future. Remember, a well-crafted agreement can make all the difference in maintaining a good landlord-tenant relationship.