This storage agreement template has 5 pages and is a MS Word file type listed under our legal agreements documents.
Sample of our storage agreement template:
STORAGE AGREEMENT This Storage Agreement (the "Agreement") is effective [DATE], BETWEEN: [STORAGE FACILITY OWNER], (the "Owner"), an individual with their main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [NAME OF THE CLIENT], (the "Client"), an individual with their main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] Collectively, the Owner operates a storage facility ("Facility") at [ADDRESS], where it provides storage services to clients; WHEREAS, the Client desires to store certain property ("Property") at the Facility under the terms and conditions set forth herein. WHEREAS, the Parties wish to evidence their contract in writing; NOW, THEREFORE, in consideration and as a condition of the Parties entering into this Agreement and other valuable considerations, the receipt and sufficiency of which consideration is acknowledged, the Parties agree as follows: STORAGE SERVICES The Owner shall provide storage services to the Client for the Property at the Facility in accordance with the terms of this Agreement. The Client shall have access to the Property during normal business hours of the Facility. PROPERTY The Property to be stored by the Client at the Facility shall be [SPECIFY THE PROPERTY TO BE STORED]. TERM The Parties agree that the present Agreement shall be in force from [DATE] unless terminated by either of the Parties in accordance with the present Agreement. RENT The Client shall pay rent to the Owner for the storage of the Property at the Facility in the amount of [SPECIFY AMOUNT] per [SPECIFY TIME] payable [SPECIFY PAYMENT TERMS]. Rent shall be due and payable in advance on the [DUE DATE] of each [TIME PERIOD]. In the event of late payment, the Owner may assess a late fee of [LATE FEE AMOUNT] per [LATE FEE TIME PERIOD]. SECURITY DEPOSIT The Client shall provide a security deposit in the amount of [SECURITY DEPOSIT AMOUNT] to the Owner upon execution of this Agreement. The security deposit shall be refundable at the termination of this Agreement, subject to any deductions for damages to the Facility or unpaid rent. INSURANCE The Client shall maintain insurance covering the Property stored at the Facility against loss or damage. The Owner shall not be liable for any loss or damage to the Property stored at the Facility. ASSIGNMENT The Parties shall not assign any rights under the present Agreement to any other Party without the mutual written consent of the Parties. Subject to the foregoing, this Contract will be binding upon the Parties' heirs, executors, successors and assigns. REPRESENTATION AND WARRANTIES The Parties represent and warrant to each other as follows: It has full power and authority to enter into this Agreement including all rights necessary to make the foregoing assignments to each other. That in performing under the Agreement it will not violate the terms of any agreement with any third party. DEFAULTS, REMEDIES AND TERMINATION: Events of Default: Each of the following shall constitute an Event of Default under this Agreement: Material Breach - Either Party fails in any material respect to comply with, observe, or perform, or shall default in any material respect in the performance of the terms and conditions of this Agreement. Material Misrepresentation - Any representation made by either Party hereunder shall be false or incorrect in any material respect when made or is false in any material respect at any point in time. Remedies for Default: Except to the extent more limited rights are provided elsewhere in this Agreement, if an Event of Default occurs as defined above, the non-defaulting Party shall provide the defaulting Party with notice of the Event of Default. Following receipt of a notice of an Event of Default, the defaulting Party shall have [NUMBER OF DAYS] days to cure such Event of Default after receipt of notice thereof from the other Party, provided that if such failure is not capable of being cured within such [NUMBER OF DAYS]-day period with the exercise of reasonable diligence, then such cure period shall be extended for an additional reasonable period of time, not to exceed [NUMBER OF DAYS] days, so long as the defaulting Party is exercising reasonable diligence to cure such failure. Termination for Default: Either Party shall have the right to immediately terminate this Agreement for an Event of Default as defined above. If the required notice was given for an Event of Default as defined in section 9
