Rental Agreement

1. Operator agrees to rent the above unit to occupant for monthly fee of $(unit rate), subject to periodic increase with 30 day notice to Occupant.

2 Applicable Laws; Occupant(s) is/are directed to the “Maine Self Storage Act” (hereinafter “Storage Law”) found at 10 M.R.S. 1371 to 1378. This law governs this transaction and is incorporated by reference. The Operator will provide a copy of same on demand, but Occupant acknowledges they have been directed to same. Should any dispute arise, occupant acknowledges they are familiar with this law and its provisions.

3 Limitation of value. In the event of a loss to this facility, Occupant acknowledges that the total value of all property stored on site shall not exceed $5000.00. The Occupant agrees that the maximum liability of the Operator to the Occupant for ANY CLAIMS of any kind by the Occupant including but not limited to any suit alleging wrongful or improper foreclosure or sale of the contents of each unit is $5000.00.

4. Use of Unit: The storage unit shall be used solely for storage of personal property belonging to the Occupant. Space is not to be used for conducting any type of business on site, shall not be used for any residential purpose, and the Rental Unit shall not be sublet of assigned. The contents of the Unit shall be deemed the property of occupant ONLY. See Storage Law for more specifics.

5. Insurance: The operator does NOT provide insurance on the contents of your unit. If you wish to insure the contents of your unit, that is your responsibility. This is a commercial business renting space and is NOT a bailer or warehouseman. Occupant assumes full responsibility for all persons who have keys and access to the space.

6. Keys Occupant must provide a lock and key and keep the space locked. Double locking is prohibited. Occupant shall make no claim against the Operator’s insurance in the event of any loss and agrees not to subrogate against the Operator in the event of any kind of damage.

7. IF YOU DO NOT PAY ON TIME
Occupant is directed to M.R.S. 1374 (Lien) and 1375 (Enforcement of Lien) Copies attached!!! Occupant acknowledges that they have reviewed these provisions and understand how the foreclosure sections work.
IF YOU DON’T PAY ON TIME AND AS AGREED, THESE PROVISIONS WILL BE FOLLOWED AND YOU MAY LOSE YOUR PROPERTY, SUBJECT TO PROCEEDS FROM ANY SALE COVERING THE BALANCE OWED.

8. NOTIFICATIONS; If you change your address, email or contact information you MUST let us know immediately. We will send all notices required by law to the address you provide.

9. Other Conditions; Other conditions of the rental Agreement are attached and incorporated by reference.