Michigan Storage Area Clause

State:
Multi-State
Control #:
US-OL9016
Format:
Word; 
PDF
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Description

This office lease clause states that the tenant shall be allowed to utilize the storage area and the same shall be deemed to be included in and be a portion of the demised premises. There will be no charge for the use of storage area by way of rent or for any other services. This form also lists acknowledgments of the tenants obligations for use of the storage area.


The Michigan Storage Area Clause is a legal provision that pertains to commercial leases in the state of Michigan. This clause specifically addresses the allocation of storage space for lessees within a commercial property. It outlines the terms and conditions relating to storage areas that are included as part of the lease agreement. The purpose of the Michigan Storage Area Clause is to establish the rights and responsibilities of both the lessor (property owner or landlord) and the lessee (tenant) regarding the use, access, and maintenance of storage areas within the leased premises. This clause helps ensure clear guidelines for utilizing storage spaces and prevents any misunderstandings or disputes that may arise during the lease term. The Michigan Storage Area Clause typically includes the following key elements: 1. Definition of storage area: This section clearly defines what constitutes a storage area within the leased premises. It may specify whether it includes specific rooms, closets, basements, attics, or designated areas within the overall space. 2. Allocation of storage space: The clause outlines the agreed-upon storage area(s) assigned to the tenant. It may specify the size, location, and accessibility of the storage space, ensuring that the tenant understands the exact areas they have the right to use for storage. 3. Exclusive or shared storage: The clause distinguishes between exclusive storage areas, which are solely allocated to a specific tenant, and shared storage areas, which may be utilized by multiple tenants. This differentiation helps avoid conflicts in cases where multiple lessees coexist within the property. 4. Limitations and restrictions: This section of the clause sets forth any limitations or restrictions imposed on the storage area. It may include rules regarding storage of hazardous materials, flammable substances, perishable items, or any other specific items that are prohibited for storage within the premises. 5. Maintenance and access: The Michigan Storage Area Clause states the responsibility for storage area maintenance, indicating whether the landlord or tenant is responsible for upkeep and repairs. Additionally, it outlines the terms for accessing the storage area, including any notice requirements or limitations on access imposed by the landlord. Types of Michigan Storage Area Clauses may include: 1. Exclusive Storage Area Clause: This type of clause grants the tenant exclusive rights to a specific storage area within the leased premises, ensuring that no other tenant has access to or can use that particular space. 2. Shared Storage Area Clause: This clause establishes shared storage areas where multiple tenants have access to and are permitted to use a designated storage space within the commercial property. The clause may specify rules for fair allocation, organization, and usage protocols for such shared areas. 3. Designated Storage Area Clause: This type of clause identifies specific areas that are deemed storage spaces within the leased property. It clearly outlines the locations and size limitations of these areas, ensuring that tenants are aware of the available storage options. In conclusion, the Michigan Storage Area Clause is a crucial component of commercial lease agreements in Michigan. It serves to define the terms and conditions related to storage spaces within the premises, ensuring both the landlord and tenant understand their respective rights and obligations. Various types of storage clauses, such as exclusive, shared, or designated storage area clauses, may be included depending on the agreement between the parties involved.

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The low operating costs and decent profit margins make it a remunerative business for investors. The economic durability offered by this industry makes it an ideal investment for risk-averse investors and a passive source of income for portfolio diversification.

How much do storage units in Michigan cost? On average, you'll have to pay $119 per month for a 10'x10' non-climate-controlled unit in Michigan. Depending on unit size and amenities, you can expect to pay anywhere from $10 for smaller storage units, to $2,374 for significantly larger spaces.

In most cases, the TSSA lease will prohibit guns sales from units. First, Section 36(a) of the TSSA lease strictly prohibits the storage of ?ammunition? and any ?prohibited weapons under the Texas penal code? (such as machine guns sawed-off shotguns, etc.).

The safest option is to simply terminate the tenant's contract by sending TSSA Form E-1, ?15-Day Notice of Termination of Storage Space Rental Agreement.? With this notice, you do not have to give a reason as to why you are asking the tenant to vacate, which is particularly helpful in case you are feeling uneasy about ...

If you don't pay within 15 days from the date the notice is sent, the storage company may publish or post notice of the sale of your property to the public. Published. Legal notice of sale published once in each of 2 consecutive weeks in a newspaper in the county where the storage unit is located.

Defaulting on a storage unit can negatively impact your credit score if the facility reports unpaid debts to collection agencies or credit bureaus. This could make it difficult to secure housing or other services that require good credit standing.

In Michigan, after falling behind by 60 days, the owner of the facility can start preparing to sell your stuff through an auction.

Self-storage is one of several service businesses that will have to charge sales tax under a new law passed by the Michigan Legislature as part of its state budget deal last week.

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Michigan Storage Area Clause