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The primary purpose of creating a Storage Space Lease Agreement is to set forth the terms and payment details related to the rental of a storage unit. When it contains the appropriate details, this... Read more

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Making a Storage Space Lease Agreement

  • What is a Storage Space Lease Agreement?

    The primary purpose of creating a Storage Space Lease Agreement is to set forth the terms and payment details related to the rental of a storage unit. When it contains the appropriate details, this essential legal contract can help to reduce conflicts by ensuring that the understanding is mutual. You can tap or click on the button labeled "Make document" to check out our sample Storage Space Lease Agreement and see what information you'll need to provide to build your document.

  • Is this Storage Space Rental Agreement legally binding?

    As with any other legal contract, Storage Space Lease Agreements will not be legally binding until they are signed by the storage space owner and tenant(s). This custom document from Rocket Lawyer offers much more than a blank Storage Space Lease Agreement template that you might come across elsewhere. As a Rocket Lawyer member, you may opt to access Document Defense® for your lease, which allows an attorney to help you get paid or otherwise enforce your legal rights.

  • Does a storage space owner always need to make a Storage Space Rental Agreement?

    Regardless of who your renter is, you should always sign a Storage Space Lease Agreement. The benefits shown here might help to inform your decision to use one:

    • The storage space owner and tenant(s) understand their responsibilities
    • Lease start and end dates are agreed upon
    • Neither party is confused about the payment schedule

    In the end, if you or the renter fail to sign a Storage Space Rental Agreement, neither party will enjoy the protections connected to having one in place.

  • What is included in a Storage Space Rental Agreement?

    Storage Unit Contracts can include any type of unique information that you want to include, but most include at least the following:

    Contact information - The address of the storage facility, both parties' phone numbers, the renter's address and the unit number. You can include email addresses or alternate phone numbers if you want.

    Terms - When the contract begins and whether there is an end date, such as one year or if the contract is month-to-month. Also include instructions for how the renter can quit the agreement.

    Payment information - How much the payment is and whether it may change. Also include due dates, grace periods, security deposit, and late fees.

    Termination details - What happens if the rent is not paid or the renter violates one of the terms. Most often, the contents of the unit are sold to help pay the debt. Some unit owners may also proceed with legal collections.

    Access hours - When the renter can access their unit and how long they can be in their unit. Time limitations can help deter people from trying to live in their units.

    Use of premises - You can say how you will allow the unit to be used, such as whether they can run a business out of the unit, if they can use power, if they can keep equipment, such as refrigerators, plugged in, and so on.

    Restricted items - It is a good idea to tell the renter what they cannot store, such as explosives, live animals, or illegal substances. Some unit owners also limit the value of the items stored.

    Liability - In this section, you can encourage the renter to purchase insurance to protect their possessions and release your business from liability for any type of loss, damage or injury.

    More custom edits are permitted as needed.

  • Where can I prepare a custom Storage Space Rental Agreement for free?

    If you want to create a Storage Space Lease Agreement online for free with Rocket Lawyer, simply start by clicking the "Make document" button above. After gathering your answers to a series of questions, Rocket Lawyer will build your customized contract. After making your Storage Space Rental Agreement, it can be helpful to think about having a lawyer in our nationwide network of attorneys look at it. This solution, in many cases, would be much more affordable and convenient than meeting and hiring a conventional provider where invoices can total anywhere from hundreds of dollars to thousands, if your matter is complex.

  • Am I required to do anything else after I create a Storage Space Lease Agreement?

    Storage Space Lease Agreements each have their own list of tips on what to do next. With a Premium membership, you will be able to make edits, copy it, get electronic signatures via RocketSign®, print it out, and/or save it in PDF format or as a Word file as needed. Finally, everyone should receive a copy of your final contract. You might also like to check out more documents in our library.

  • What if someone tries to live in a storage unit?

    While it doesn't happen often, it does happen. You should consider having specific language in your contract about how living in storage units is prohibited. No matter how bad you may feel about a renter's situation, living in storage units can be dangerous and a huge liability to your business. Storage unit managers should routinely monitor the access logs, so they can see if it looks like someone is checking in and not checking out within a reasonable amount of time. Many storage unit managers also keep information such as what public services are available in the office to help those who may not have a place to sleep.

  • Where can I have my Storage Space Lease Agreement checked out by a professional?

    Finding an attorney to provide feedback on your Storage Space Lease Agreement can be fairly time-consuming. Some lawyers may not even agree to review a document that they did not work on. In the event that an attorney does decide to provide advice on your document, they are still going to make you pay their standard rate for doing so. An easier route is to go through attorney services at Rocket Lawyer. When you become a Premium member, you can get your agreements reviewed or ask specific questions. Whether you end up creating another Storage Space Rental Agreement or other contracts, we'll be by your side.

  • Can I sell the contents of a storage unit?

    Yes, you can in almost every state. If the renter doesn't pay their rent according to the terms of your rental contract, you can sell the contents one-by-one or everything together. Often storage unit owners will hold a public auction to sell the contents of storage units. Some websites are dedicated to helping people sell storage unit contents. Selling stored items is time consuming, but it is a way to recoup some of your loss. Information about what happens to storage unit contents if the contract is violated should be included in the contract.

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