1. TERM AND RENTAL PAYMENTS
This is a month-to-month rental agreement beginning on the date above. The rent under this Agreement is due in advance on the first day of each month. Payments must be made by the due date. If the rent is not paid by the 10th of the month, a late fee of $10.00 will be assessed. If the Renter’s payment is returned by the bank for any reason, an additional fee of $25.00 will be charged. Full Month Rent: Rent is due in full for each rental period. If the Renter vacates the unit before the end of a rental period, no prorated refund of rent will be issued, and the full rent amount for that period remains due.
2. USE OF STORAGE UNIT
The Renter shall use the storage unit solely for the purpose of storing personal property owned by the Renter. The storage unit is to be used for lawful purposes only and is not to be used for any illegal or hazardous materials. Prohibited items include but are not limited to explosives, flammables, noxious materials, perishables, or any items that may cause damage to the unit or pose a hazard.
Renter shall maintain the unit in good condition and will not alter or affix items to the interior or exterior of the unit. Any damage beyond normal wear and tear is the responsibility of the Renter.
3. SECURITY DEPOSIT AND CLEANING DEPOSIT
A security deposit of $20 is required upon signing this agreement and will be refunded if the unit is left in broom-clean condition and all rental charges have been fully paid. The security deposit does not preclude the Renter from any further financial responsibility should damages or unpaid fees exceed the deposit amount.
4. RENTAL RATE INCREASES
The Operator reserves the right to increase the rental rate with 30 days’ written notice to the Renter. The new rate will take effect on the first day of the month following the expiration of the notice period. The Renter may terminate this agreement prior to the effective date of the increase by providing written notice and vacating the unit in accordance with this agreement.
5. ADDITIONAL UNITS
Renter may add or remove additional units under this agreement. Any additional units rented or removed shall automatically update the terms of this agreement. The rental amount for additional units will be calculated based on the current rates applicable to the unit size at the time of rental.
6. ACCESS TO UNIT AND FACILITY
Renter is granted access to the storage unit during the posted facility hours. Any attempt to access the unit outside of these hours is prohibited unless expressly permitted by the Operator. The Operator may provide certain security measures at the facility, such as surveillance cameras or gates; however, the Operator does not guarantee the safety of the Renter’s stored goods.
7. DEFAULT AND REMEDIES
If the Renter fails to pay rent or breaches any other term of this agreement, the Operator may deny access to the unit and overlock it after the rent is 30 days past due. If rent remains unpaid for 30 days, Operator may deny access and overlock the unit. Notice of default and intent to enforce lien will be sent in accordance with KRS § 359.230. Before any sale, the Operator will provide written notice to the Renter at least 14 days prior, specifying the amount owed, a description of the goods, and the time and place of sale. Any proceeds exceeding the amount owed will be held for the Renter for 60 days without interest. If unclaimed, the Operator may dispose of the funds in accordance with applicable law.
8. RENTAL TERMINATION
The Renter may terminate this agreement at any time by notifying the Operator. The Renter must vacate the unit, remove all personal property, and leave the unit in broom-clean condition. The Operator may terminate this agreement with 30 days’ written notice to the Renter or immediately if the Renter violates any term of this agreement. No Prorated Rent: If the Renter vacates the unit before the end of a rental period, no prorated refund of rent will be issued, and the full rent amount for that period remains due. The Renter is responsible for paying the full month’s rent regardless of the move-out date.
9. LESSOR’S LIMITED LIABILITY
The Renter acknowledges that the Operator is not storing goods for hire, is not a public warehouseman, and does not exercise custody, care, or control over the Renter’s stored goods. The Operator carries no insurance covering the Renter’s goods. The Renter stores all goods at their sole risk and is responsible for insuring their property. The Renter agrees not to hold the Operator liable for any loss or damage to the goods stored, regardless of cause, including but not limited to fire, theft, vandalism, weather, insects, or rodents. Renter is advised to carry their own insurance coverage. Renter waives any claim of subrogation against the Operator in the event of loss.
10. GOVERNING LAW AND DISPUTE RESOLUTION
This agreement is governed by the laws of the Commonwealth of Kentucky. Any disputes arising under this agreement shall be resolved first through mediation, and if unsuccessful, through binding arbitration administered by AAA in Bullitt County under Kentucky law. The costs of mediation or arbitration will be shared equally by the parties.
11. FORCE MAJEURE
The Operator shall not be liable for any delay or failure to perform its obligations under this agreement due to events beyond its reasonable control, including but not limited to natural disasters, utility outages, labor strikes, equipment failure, acts of war, terrorism, or government regulations.
12. COMMUNICATIONS
The Renter consents to receive notices, invoices, and communications electronically, including via email or SMS, in accordance with the Electronic Signatures in Global and National Commerce Act (ESIGN) and Kentucky’s Uniform Electronic Transactions Act. Message frequency varies. Message and data rates may apply. For help, reply HELP or email us at admin@knobcreekstorage.com. You can opt out at any time by replying STOP.
13. INDEMNIFICATION
Renter shall indemnify and hold harmless the Operator from any claims, damages, or losses arising from Renter’s use of the unit, including violations of this agreement or applicable law.
13. MISCELLANEOUS
A.Entire Agreement: This agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether oral or written. Any amendments must be in writing and signed by both parties.
B.Severability: If any provision of this agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
C.Sublease and Assignment: The Renter may not sublease or assign any part of the unit without the prior written consent of the Operator.
D.Emergency Access: In the event of an emergency (including suspected hazard, fire, flood, or other threats to life or property), the Operator may forcibly enter the unit without liability for any resulting damage, provided such action was taken in good faith.
E.Agreement Updates: This agreement may be updated or amended by the Operator from time to time to reflect changes in applicable law or to clarify existing terms. Any such updates will be provided to the Renter in writing at least 30 days prior to becoming effective. Continued use of the storage unit after the effective date of the update shall constitute acceptance of the amended terms.