• T & M STORAGE YARD RENTAL AGREEMENT

  • SEND RENT PAYMENTS TO:

    T & M Storage 2152 E I-25 Frontage Rd Erie, Colorado 80516

    1. LEASE TERM & RENTAL RATE:

    • Monthly Rate: $100 per designated, lined, and numbered space.
    • Lease Term: This is a month-to-month agreement unless otherwise agreed upon in writing.
    • Payment Due: Rent is due on the 1st of each month and is considered late after the 14th of the

    2. PAYMENT METHODS & LATE FEE POLICY:

    • Accepted payment methods: Credit card, cash, or check.
    • ALL CHECKS ARE PAID TO: MARIANNE GREEN
    • Credit card payments incur a 3% processing fee
    • If a credit card is declined at the time of payment, a $25 administrative fee will apply
    • Late Fee: If payment is not received by NOON on the 14th, a 20% late fee will be applied to that
    • If payment is not received by the 30th day, tenant's gate access will be revoked and may only be restored upon full payment of balance due, including any fees.
    • Returned Checks: Any check returned for insufficient funds will incur a $30 bounced check fee. Tenant will be contacted and must resolve payment within 5 business days. If not resolved, the lease will be subject to immediate termination and access to the lot will be denied.

     3. ACCESS, GATE CODE AND SECURITY POLICY

    • The storage yard is monitored by 24-hour video surveillance; however, surveillance does not guarantee prevention of theft or damage.
    • Access hours: Tenants may access the property 7 days a week, unless access is suspended due to non-payment.
    • Gate Code Security:
      • Each tenant will be able to pick a unique 4-digit gate code.
      • Gate codes are strictly confidential. Do NOT share your code with any third party, including friends or family. Doing so increases the risk of theft, vandalism, and unauthorized access.
      • Tenants are solely responsible for any damages or losses resulting from misuse or sharing of gate codes.

    4. TENANT RESPONSIBILITIES & USE OF PREMISES:

    • Only the item(s) listed on the lease may be stored in the assigned space.
    • Tenants are responsible for securing and locking their property before leaving the premises-no exceptions.
    • No on-site mechanical repairs, painting, habitation, or commercial activity is permitted.
    • Stored property must be in good condition, free of fluid leaks, trash, and debris. Violations may result in cleaning fees and/or eviction.
    • Dumping, abandoning, or improperly storing items will result in fines and/or legal action.
    • No flammable, explosive, or hazardous materials may be stored on site.

    5. LIABILITY AND INSURANCE:

    • T&M Storage is NOT responsible for:
      • Theft, vandalism, weather-related damage, fire, flooding, animal damage, or other loss of or damage to stored property.
      • Any damage resulting from tenant negligence, gate code sharing, or acts of third parties.
    • Tenants are strongly encouraged to carry their own insurance coverage for stored property.
    • Tenant accepts full responsibility for securing and maintaining their vehicle or equipment.

    6. DEFAULT, LIEN, AND REMOVAL OF PROPERTY:

    • If payment is not made within 30 days of the due date, and attempts to collect have failed:
      • Access will be revoked
      • Per Colorado Revised Statutes § 38-21.5, the Owner may initiate lien proceedings to sell or dispose of stored property to recover unpaid charges.
      • Tenant will be notified in writing prior to any such action as required by law.
    • Continued non-payment or abandonment of property may result in removal from the premises at the tenant's expense.

     7. TERMINATION OF LEASE:

    • Either party may terminate the lease with 15 days' written notice.
    • Upon termination, the tenant must remove all property from the lot. Property left behind will be treated as abandoned and disposed of accordingly.
    • The Owner reserves the right to immediately terminate this lease in the event of:
      • Gate code abuse
      • Repeated late payments
      • Storage of unauthorized or hazardous items
      • Breach of any lease terms

    8. TENANT ACHKNOWLEDGMENT & CONTACT INFORMATION:

    By signing below, Tenant agrees to all terms and policies outlined in this agreement. Tenant acknowledges understanding that this lease is binding under Colorado law and grants T&M Storage the right to enforce these terms without further notice unless required by statute.

     

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