Published: May 01, 2023

9 Storage Terms to Know Before Signing an Agreement

When it comes to storage agreements, it’s essential to understand the terms and conditions before signing on the dotted line. Many individuals and businesses rely on storage containers to keep their belongings safe and secure, but without understanding the storage terms, there’s a risk of confusion, misunderstandings, and even loss. To help ensure you make an informed decision and protect your property, we’ve compiled a list of storage terms you should know before signing a storage agreement.

1. Access Hours: Most storage facilities have specific hours during which tenants can access their containers. Understanding these hours is crucial to avoid potential conflicts, especially if you need to access your container outside of regular hours.

2. Climate Control: Climate-controlled containers maintain a stable temperature and humidity level, which is ideal for items that are sensitive to temperature changes or moisture. Choosing a climate-controlled container is critical if you plan on storing delicate items like electronics, documents, or antiques.

3. Contract Length: Storage contracts typically range from month-to-month to long-term agreements. Make sure to read the fine print to understand the length of your contract and any early termination fees that may apply.

4. Insurance: While storage facilities typically have security measures in place, accidents can still happen. Many facilities offer insurance options to protect your property in case of damage or theft. It’s essential to understand what your insurance policy covers and what it doesn’t.

5. Late Fees: Late fees are common in storage agreements, and it’s crucial to understand when payments are due and the consequences of late payments. Make sure to read the late fee policy and understand how much time you have to make a payment before a late fee applies.

6. Size of Container: The size of the storage container you choose is a critical factor to consider. Make sure to measure the items you plan on storing and choose a container that’s appropriate for your needs. A container that’s too small will not fit all your belongings, while a container that’s too large may end up costing you more than necessary.

7. Security Measures: Security measures vary from facility to facility, but most storage containers have security cameras, gated access, and individual locks. Understanding the security measures in place can give you peace of mind that your property is safe.

8. Container Condition: Before signing an agreement, inspect the container you plan on renting to ensure it’s clean, dry, and free of any damage. Taking pictures of any existing damage and reporting it to the facility can protect you from being charged for damage that was already there.

9. Container Location: The location of your storage container can impact how easy it is to access and the cost. Containers located on the ground floor or near an entrance tend to be more convenient and may cost more than containers located on higher floors.

Before signing a storage agreement, it’s essential to understand the terms and conditions outlined in the contract. By understanding the storage terms above, you can make an informed decision and protect your property while it’s in storage. For more information, visit UNITS Moving and Portable Storage of Charlotte or call (704) 350-2856.