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HomeMy WebLinkAbout26-17 Rental AgreementARBOR COURT SELF STORAGE 190 ARBOR COURT WINCHESTER, VIRGINIA 22602 540-662-9051 RENTAL AGREEMENT This agreement dated <Tenant.LeaseSignDate>, between <Tenant.Name> (hereinafter referred to as "TENANT") and <Site.Name> (hereinafter referred to as "MANAGEMENT"). MANAGEMENT does hereby rent to TENANT storage unit number <Tenant.UnitName> approximate size (<Tenant.UnitWidth> x <Tenant.UnitLength>) in a building located at <Site. StreetAddress I>, <Site.City>, <Site.Region> <Site.PostalCode> to be used as storage for personal or business property for the monthly rate of <Tenant.RentalRate> payable on the first (1st) day of each month hereinafter. Rental payment is payable in advance. All payments made to MANAGEMENT pursuant to the agreement shall be applied first to administrative and late charges, then the balance to accrued and unpaid rent, this agreement shall expire on the last day of each month and automatically renew for one (1) additional month, SUBJECT TO THE CONDITIONS ON THE NEXT PAGE. Rental payments made after day <Rent.LateDay> of the month are subject to a <Fee.FeeLatel> Late Charge. A returned Check is subject to a charge of $25.00. There is a one-time <Fee.LeaseAdmin> non-refundable administrative fee charged when Tenant signs this lease. TENANT shall give MANAGEMENT ten (10) days written notice to vacate in order to avoid responsibility for the payment of the next month's rent. TENANT is an active member of the United States Armed Forces: Yes No TENANT acknowledges that MANAGEMENT does not carry any insurance which in any way covers any loss whatsoever that TENANT may have or claim by renting the Storage Unit. All property stored in the Storage Unit shall be at TENANT'S sole risk. TENANT ACKNOWLEDGES THAT HE HAS READ THE CONDITIONS ON THE NEXT PAGE AND AGREES TO BE BOUND BY THEM. Executed on <Tenant.LeaseSignDate>, Tenant Name: <Tenant.Name> (Tenant Signature) <Tenant.CompName> (Tenant Company Name) <Tenant. StreetAddress 1> (Tenant Street Address) <Site.PostalCode> <Tenant.City>, <Tenant.Region> <Tenant.PostalCode> (Tenant City, State, Zip) By (Management Agent): Brandi Nicholson a ra izU, N LchoUoiv (Management Signature) Lease Number: <Tenant.LeaseNo> Please Remit To: <Site.Name> <Site. StreetAddress 1> <Site.City>, <Site.Region> <Tenant.HomePhone> (Tenant Home Phone) <Tenant.DriversLicense> (Tenant Drivers License No.) <Tenant. WorkPhone> (Tenant Work Phone) <Tenant.DriversLicenseRe ir? (State) Page 2 of 2 Conditions #pb I . Tenant further covenants with Management that at the expiration of the terms of this Lease, peaceable possession of the premises shall be given to the Management, in as good condition as it is now, normal wear, inevitable accidents and loss by fire excepted; and the Tenant agrees not to let, sublet, or assign the whole or any part of the premises without written consent of the Management. Tenant agrees not to affix shelving or other articles to the walls, ceiling or doors. Tenant must provide his/her own lock and keep unit locked at all times, using only one lock per unit door hasp. 2. Tenant shall not place or keep in the premises explosives, flammable liquids, contraband or other goods prohibited by the law and agrees to abide by any rales promulgated by Management governing the use of these premises. Tenant shall not place or keep in the premises upholstered furniture or mattresses. No use, sale, repair, or activity other than storage shall be permitted to occur in self-service storage facility operations. Tenant shall not permit damage to the premises and shall indemnify and hold Management harmless from any claim or cause of action arising out of Tenant's use of the premises. Tenant assumes responsibility for any loss or damage to property stored by Tenant in the premises and may or may not elect to provide insurance coverage for the same. MANAGEMENT DOES NOT MAINTAIN INSURANCE FOR THE BENEFIT OF TENANT, WHICH IN ANY WAY COVERS ANY LOSS WHATSOEVER THAT TENANT MAY HAVE OR CLAIM BY RENTING THE STORAGE SPACE OR PREMISES AND EXPRESSLY RELEASES MANAGEMENT FROM ANY LOSSES AND/OR DAMAGES TO SAID PROPERTY CAUSED BY FIRE, THEFT, WATER, RAINSTORMS, TORNADO, EXPLOSION, RIOT, RODENTS, CIVIL DISTURBANCES, INSECTS, SONIC BOOM, LAND VEHICLES, UNLAWFUL ENTRY, OR ANY OTHER CAUSE WHATSOEVER, NOR SHALL MANAGEMENT BE LIABLE TO TENANT AND/OR TENANT'S GUEST OR INVITES OR AGENTS WHILE ON OR ABOUT MANAGEMENT PREMISES. 3. All leases expire on the last day of each month. The management may terminate said lease at his/her option if Tenant is not in full compliance with the terms of this Lease. TENANT'S FAILURE TO VACATE THE PREMISES OR REMOVE THEIR LOCK ON THE LAST DAY OF THE MONTH AUTOMATICALLY RENEWS THE LEASE FOR ONE (1) MONTH. 4. Tenant agrees to give Management ten (10) days written notice of his/her intention to vacate his/her storage unit. THERE ARE NO PRORATED RENT REFUNDS IN THE EVENT THE UNIT IS VACATED BEFORE THE LAST DAY OF THE MONTH. If the unit is vacated on or after the first of the month, a full month's rent is due. 5. If any rent payment is not made by the due date, or if any check or credit card given in payment is dishonored, or if Tenant breaches any of the terms of the Agreement, Tenant shall be in default from the date the payment was due or from the date of such breach. In the event of default by Tenant, Management shall be entitled to deny Tenant access to the leased space by: (a) denying gate access; and /or (b) locking Tenant out of leased space; and/or (c) removing Tenant's lock and replacing it with Management's lock. In the event of default, Management shall have the right and option to terminate this Agreement upon five(5) days written notice to Tenant, in which event there shall be no refund of rent. In addition, costs incurred by Management by reason of Tenant's breach of any provision of the Agreement, including reasonable attorney's fees and any cost of repairs or clean-up, and the rental value of the leased space while occupied by Tenant shall be demanded by Management of Tenant at any time or waived, all in Management's sole and absolute discretion. The administrative charge for installing a management lock is <Fee.CutLock> . 6. PURSUANT TO THE VIRGINIA SELF-SERVICE STORAGE ACT (Section 55416 et seq. OF THE CODE OF VIRGINIA) MANAGEMENT HAS A LIEN ON ALL PERSONAL PROPERTY STORED WITHIN THE LEASED SPACE FOR RENT, LABOR, OR OTHER CHARGES AND FOR EXPENSES REASONABLY INCURRED IN ITS SALE. SUCH LIEN SHALL ATTACH AS OF THE DATE THE PERSONAL PROPERTY IS STORED WITHIN THE LEASED SPACE. IF THE TENANT IS IN DEFAULT, MANAGEMENT MAY ENFORCE THIS LIEN BY SELLING THE PROPERTY WHICH IS STORED IN THE LEASED SPACE. ONLY A PAYMENT IN THE FULL AMOUNT OF THE LIEN WILL BE ACCEPTED TO SATISFY LIEN, PARTIAL PAYMENTS WILL NOT STOP ANY AUCTION PROCEDURES OR LEGAL ACTIONS. 7. Upon a default by the Tenant, Management will notify the Tenant of such default pursuant to Paragraph 12, hereof. If the Tenant has been in default for a period of twenty days, and before Management can sell the Tenant's personal property in accordance with the Virginia Self - Service Storage Act (Section 55-416 et seq. of the Code of Virginia), Management shall send a further notice of default, by registered or certified mail, postage prepaid, to the Tenant pursuant to Paragraph 12, hereof. In the event Mangement must initiate the enforcement of a lien of personal property stored within the leased space, Tenant agrees to pay Owner an action fee of <Fee.Auction> . 8. Occupant represents that the property stored or to be stored is not subject to alien of any kind except the following: Description of Property: Amount of Lien: Name of Lienholder: Address of Lienholder If no lien exists write NONE and initial. 9. In the event Management is required to obtain the services of an attorney to enforce any of the provisions of this Lease, Tenant agrees to pay in addition to the sums due hereunder, an additional amount as and for attorney's fees and cost incurred. 10. Management will have the right in the event of an emergency to enter the storage unit with what ever reasonable force is necessary. They may at their discretion, deny access to premises in case of inclement weather or emergencies. 11. The Monthly Rental rate, administrative fee, late charge, overlock fee, and returned check charge are each subject to increase on day <Tenant.DueDay> of each month. Tenant shall be given thirty (30) days written notice of such increases and this Lease shall be deemed to be so altered if the Tenant continues his occupancy beyond the effective date of the increase. A new Lease does not have to be executed for any new rental rate increase. 12. All notices to the Tenant shall be deemed given when Management deposits first-class mail, postage prepaid to Tenant at address given on this Lease. No change of address shall be effective unless made by written notice mailed or emailed to Management, or personally delivered to Management. Tenant shall apprise Management of any change in his/her mailing address in writing within twenty (20) days of such change. 13. All tenants in default or tenants having prior returned checks, must pay by money order. 14. Any right granted herein to Management maybe exercised by Management's Rental Agent or other representative or agent. 15. The covenants herein contained shall extend to and be binding upon the parties hereto, their heirs, executors, administrators and assigns.