Terms & Rental Agreement
TERM:
The term of this agreement shall commence on the move in date specified by the Tenant and shall continue thereafter on a month to month period until terminated in accordance with this agreement.
USE OF PROPERTY AND COMPLIANCE WITH LAW:
Tenant shall store only personal property the Tenant owns and will not store property that is claimed by another or in which another has any right, title or interest.
Tenant shall not store food or items that will decay as well as any flammable materials, explosives or other inherently dangerous materials nor perform any activity unrelated to storing, shipping or receiving on the property.
Vehicles or equipment that are prone to leaking should not be stored. Any spill or contamination to soil on Lessor property shall be removed and repaired at Tenant’s expense. Any repairs made by Tenant must be approved by Lessor.
Vehicles or equipment with tracks are not permitted to drive on gravel outdoor storage area. Tenant must store vehicles or equipment with tracks on a trailer. Unless other arrangement can be discussed and approved by Lessor.
Tenant shall not store any personal property which would result in a violation of any law or regulation of any governmental authority.
No mechanical repairs or maintenance shall be done by the Tenant on the property.
No garbage is to be left by the Tenant in or around the property at anytime.
Tenant is responsible and must repair any damages to Lessor’s property caused by the stored items.
Any damages or incidents on the property must be reported immediately.
Tenant must store their property on/within space designated by Lessor.
Absolutely no smoking or open flames on Lessor property.
DETERMINE SIZE, WEIGHT AND PRICE:
Tenant shall provide the dimensions of their property to the Lessor. If the dimensions are not available the Lessor will measure the property being stored. Furthermore, Tenant shall provide the overall/combined weight of property being stored. The length of Tenant’s property (excluding Overstock Items) will determine the appropriate price per month outlined by Lessor. Overstock Items price will be determined by the total square feet the items cover.
ACCESS:
Access to the outdoor storage area is permitted at all times. Access during winter months may be slippery and restricted at times due to snow or ice. Laneways and storage area are cleared on weekends only. Tenant must anticipate some delay after significant weather events.
Tenant must ensure the access gate is fully opened before entering outdoor storage area.
When exiting outdoor storage area the Tenant must ensure the access gate is fully closed and locked before leaving the property.
Tenant shall ensure key is placed in lockbox and the lockbox is securely closed.
Tenant will not share the lockbox code or gate code with anyone. Unless specified in the Outdoor Storage Application.
Tenant must notify Lessor of any issues closing and or locking gate.
INSURANCE:
All property is stored by the Tenant at Tenants’ own risk. Insurance for both personal property and liability is the Tenant’s sole responsibility. Tenant must obtain insurance, covering damage by fire, extended coverage perils, vandalism, burglary and all other risks of any nature for the full value of the Tenant’s property. By entering into this agreement the Tenant is waiving all future rights to claim damages against the Lessor for any uninsurable peril regardless of the Tenant’s insurance status.
DEFAULT:
The following events shall be deemed to be events of default by tenant under this agreement.
Tenant shall fail to pay any instalment of the rent due under this Rental Agreement.
Tenant shall fail to comply with any term, provision or covenant of this Rental Agreement, other than the payment of rent, and shall not cure such failure within ten (10) days after written notice thereof tenant; or
Tenant shall abandon their property
OVERDUE ACCOUNTS/LIQUIDATION PROCEDURE:
Please note the following:
Failure to provide us with current mailing address and email will result in being unaware of loss of contents. In the event of a change in mailing address, the tenant must give Lessor notice of such changes within five (5) days.
Fifteen (15) days past due – Reminder notice will be sent to current address/email on file.
Thirty (30) days past due – Final Notice will be sent to current address/email on file. Tenant’s property will be locked (with wheel locks) and denied access until account balance has been paid in full. Removal of wheel lock is permitted by Lessor only after payment has cleared. Unauthorized removal of our wheel locks constitutes “break and enter” and will be reported to the authorities. Additional charges will apply for replacement of wheel locks and damages.
Sixty One (61) days past due – Tenant’s property shall be considered abandoned and will be sold without further notice.
FINANACIAL COMMITMENTS:
Rent must be received by the 1st of each month to avoid late fee. Tenant is responsible to ensure that payment is made on time.
Rent is payable by cash, e-transfer, electronic fund transfer (EFT), or cheque. We can hold post-dated cheques for upcoming rent to help avoid late fees.
A $25.00 late fee will be charged for payments received after the 1st. A $25.00 fee will be charged for cheques returned by bank plus the late fee.
First part month only is pro-rated. No rebate is issued on unused portion of last month.
Lessor maintains right to change rates and fees at anytime. Tenant will be notified if such changes occur.
Down payment: 1st (pro-rated amount if not a full month) and last month payment is due on or before access to outdoor storage area.
TERMINATION:
Either party may terminate this Rental Agreement at the expiration of any term by giving notice to the other party not less than seven (7) days before expiration and such termination shall be effective as of the last day of the rental month. Notwithstanding the foregoing, no monthly rent shall be pro rated if the termination occurs prior to the end of the month.