What to Include in a Storage Space Lease Agreement

  • The Parties – the lessor/lessee involved in the transaction.
  • Property Details – Details of the unit or space being rented.
  • Lease term – The duration of the rental period (start and end dates).
  • Rent and fees – The cost, payment schedule, and any other charges (locks/keys).
  • Restrictions – List what can and cannot be stored in the storage unit space.
  • Rules – When and how the lessee can access their storage space.
  • Insurance requirements – Details whether insurance is mandatory and responsibilities of each party.

Sources

  1. 2024 Self-Storage Almanac (Table 1.4)
  2. 2024 Self-Storage Almanac (Table 9.1)
  3. 2024 Self-Storage Almanac (Chart 9.4)

Sample Storage Space (Unit) Rental Lease Template