This form is a storage and indemnity agreement. The relationship between warehouseman and depositor is that of bailer and bailee, and many of the principles applicable to bailments generally obtain with respect to warehouse storage. Like other bailment co
The Oregon Storage and Indemnity Agreement — Field Warehouse is a legally binding document that outlines the terms and conditions for storing goods in a field warehouse in the state of Oregon. This agreement is essential for both parties involved, ensuring clarity and protection of rights. The Field Warehouse storage agreement provides a detailed description of the responsibilities, obligations, and rights of the warehouse operator and the owner of the stored goods. It outlines the following key elements: 1. Parties involved: The agreement clearly identifies the warehouse operator (often referred to as the bailee) and the owner of the goods (typically known as the sailor). 2. Scope of goods: The agreement defines the type and quantity of goods being stored. It may contain general categories or provide a specific list of items. 3. Duration of storage: The agreement specifies the commencement date and the duration the goods will be stored in the field warehouse. It may also address the conditions for extending or terminating the storage period. 4. Fees and payment terms: The document states the fees charged for the storage services and any additional charges such as handling or insurance fees. It also outlines the payment terms and the consequences of non-payment. 5. Care of goods: The agreement details the warehouse operator's responsibilities in maintaining the goods in good condition, protecting them from damage, theft, or loss. It may include provisions for climate control, pest control, and security measures. 6. Indemnity and liability: This section outlines the indemnification provisions, specifying the liability of both parties in case of damage, loss, or theft of the goods. It may also address insurance requirements and the process of making claims. 7. Access to goods: The agreement establishes the conditions for the owner's access to their stored goods, including notification requirements and the right to inspect or remove the goods. 8. Termination: This section outlines the provisions for terminating the agreement, including notice periods and the return of the goods to the owner. Types of Oregon Storage and Indemnity Agreements — Field Warehouse: 1. Short-term storage agreement: This type of agreement is used when goods need to be stored for a brief period, typically up to a few months. It is commonly used by individuals or businesses during temporary relocations, renovations, or events. 2. Long-term storage agreement: This agreement is suitable for goods that require storage for an extended duration, often years. It is commonly utilized by businesses with excess inventory, antique collectors, or individuals with long-term storage needs. 3. Seasonal storage agreement: This type of agreement is designed for goods that are stored periodically, usually during specific seasons. It is frequently employed by businesses dealing with seasonal products, such as holiday merchandise or agricultural goods. The Oregon Storage and Indemnity Agreement — Field Warehouse is a crucial document for the effective and secure storage of goods. It provides clarity, protection, and peace of mind to both parties involved in the storage arrangement.
The Oregon Storage and Indemnity Agreement — Field Warehouse is a legally binding document that outlines the terms and conditions for storing goods in a field warehouse in the state of Oregon. This agreement is essential for both parties involved, ensuring clarity and protection of rights. The Field Warehouse storage agreement provides a detailed description of the responsibilities, obligations, and rights of the warehouse operator and the owner of the stored goods. It outlines the following key elements: 1. Parties involved: The agreement clearly identifies the warehouse operator (often referred to as the bailee) and the owner of the goods (typically known as the sailor). 2. Scope of goods: The agreement defines the type and quantity of goods being stored. It may contain general categories or provide a specific list of items. 3. Duration of storage: The agreement specifies the commencement date and the duration the goods will be stored in the field warehouse. It may also address the conditions for extending or terminating the storage period. 4. Fees and payment terms: The document states the fees charged for the storage services and any additional charges such as handling or insurance fees. It also outlines the payment terms and the consequences of non-payment. 5. Care of goods: The agreement details the warehouse operator's responsibilities in maintaining the goods in good condition, protecting them from damage, theft, or loss. It may include provisions for climate control, pest control, and security measures. 6. Indemnity and liability: This section outlines the indemnification provisions, specifying the liability of both parties in case of damage, loss, or theft of the goods. It may also address insurance requirements and the process of making claims. 7. Access to goods: The agreement establishes the conditions for the owner's access to their stored goods, including notification requirements and the right to inspect or remove the goods. 8. Termination: This section outlines the provisions for terminating the agreement, including notice periods and the return of the goods to the owner. Types of Oregon Storage and Indemnity Agreements — Field Warehouse: 1. Short-term storage agreement: This type of agreement is used when goods need to be stored for a brief period, typically up to a few months. It is commonly used by individuals or businesses during temporary relocations, renovations, or events. 2. Long-term storage agreement: This agreement is suitable for goods that require storage for an extended duration, often years. It is commonly utilized by businesses with excess inventory, antique collectors, or individuals with long-term storage needs. 3. Seasonal storage agreement: This type of agreement is designed for goods that are stored periodically, usually during specific seasons. It is frequently employed by businesses dealing with seasonal products, such as holiday merchandise or agricultural goods. The Oregon Storage and Indemnity Agreement — Field Warehouse is a crucial document for the effective and secure storage of goods. It provides clarity, protection, and peace of mind to both parties involved in the storage arrangement.