» Mini Storage Rental Agreement

Many times the managers at Aspen storage facilities are asked about all kinds of different situations and ideas. The managers sometimes are shocked by what they here then other times it does not faze them at all. Most of the time they have probably heard what is being asked before. They want to think that they know about all that is coming their way, but in reality that is not possible. Even if an Aspen storage manager has been the Colorado area serving those who needed storage for decades, they would not be able to know all of what is possible. If a manager does not quite know what to do at the time they will improvise.

A manager spoke with a young man recently who had a friend that was currently renting a storage unit at their Aspen storage facility. The reason he was calling is to find out if he could take over his friends unit or if he would need to rent a separate storage unit. The manager came to find out that the friend of the caller no longer needed the storage space as soon as he found a new home. Well that new home that he purchased was ready to be moved into. So the storage unit would be vacant very soon at the Aspen storage facility.

The caller was going on vacation to Germany for a few months. He saw the space and knew it was exactly what he also needed.  Of course the manager wanted to make sure that the caller was storing the right belongings for the space in which he was looking at renting. As the Aspen storage manager was talking to the customer they agreed that he could have surely took over the storage space that was being vacated if he wanted to, However he decided to rent his own separate unit because he could start moving into it quicker.  Instead of waiting the couple of days in which the storage space would be empty, there was another space there that was available to be moved into right now. The customer did not see any reason to wait. The paperwork would have been the same, so there was not an advantage of waiting.

The customer at first was not sure about moving in early and was going to wait for his friend to move out. He liked the idea simply based on he knew who was in the storage unit before and he knew that it would be cleaned out properly before he moved in. The manager knew about this concern and told them that the space would be cleaned out thoroughly before he were to move in. That did please the customer but they were still wavering. So the manager made the idea seem even better by saying that if the customer decided to go ahead and rent today, he would give them their special which was fifty percent off the first three months of storage. The customer could not pass up that idea.

Sometimes the managers at your local storage facilities have been in the storage industry for a long time. They know the ins and the outs and they also know different tricks of the trade. They know what they are limited to and they can go above and beyond for.

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As a storing space operator it is important that the mini storage rental agreement that you sign with your various customers safeguards your interest without compromising on theirs. More and more customers are filing unreasonable lawsuits today. If this happens with you, it can impact your earnings and image. It is best to ensure that there are no loopholes and gaps in the understanding that you have with your clients as regards liability for things beyond your control.

Follow the tips here to see how you can strengthen your legal position by including the necessary clauses in the mini storage rental agreement .

1. Limited Liability Or Value Limit – The law allows you to keep a ceiling on the extent of damages that you are liable to pay in case it can be proven that they were caused due to the operator negligence. Without this you may be responsible for the entire stated value of the items placed in your care. Such a situation can close down your business.
2. List All Applicable Fees And Penalties – While the laws permit the charging of specific fees to your customer, it may not be known to the client. Ensure that every single fees, customer liability and penalty is clearly mentioned with the amount and the circumstance in which they are applicable. For example these could include the late payment fee which should mention the date by which the rent is to be paid and how much interest or penalty charges you need to pay extra in case not the rent is deposited on time. It is wise to cite all prohibited activities like living in the unit, housing animals, etc which could result in the termination of the agreement. Further, you should try and include the remedial measures that could minimize your losses in case the above activities occur. Do you get a penalty, if so then how much and can you sell the goods stored to recover it.
3. Mediation Clause – This allows for a peaceful settlement of a dispute without costly court expenses. Basically each party is given an opportunity to meet and hear the other person side of the story with a neutral third party present as a facilitator. This is a better idea that wasting time and money going to court to solve disputes on small amounts.
4. Release of Liability Clause – This is one of the most important clauses in the mini storage rental agreement which needs to be worded carefully to include all the eventualities in which you do not think you should be help accountable or liable for damages. It is important to get legal advice when you draft the liability clause to ensure its validity lest the customer contests it later.

After you have created a draft of the mini storage rental agreement that meets most of your requirements, go online and check out some of the sample drafts available there before you finalize it. It is also important to involve the prospective customer and make him or her understand each clause to prevent any ill will later. The mini storage rental agreement is a statement of your position. Getting a person to sign on it without reading or understanding its implications is asking for trouble. It is important that you do cheat the customer or compromise his position in any way. A good contract should serve the needs of both the parties.

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