The Oregon Underground Storage Lease and Agreement is a legal contract designed for individuals or businesses who wish to rent or lease underground storage facilities in the state of Oregon. This agreement outlines the terms and conditions that govern the use of the underground storage space, ensuring both the lessor (owner) and the lessee (tenant) are protected and aware of their rights and obligations. The agreement typically includes provisions regarding the duration of the lease, payment terms, permitted uses of the storage space, maintenance and repair responsibilities, insurance requirements, and termination procedures. It clarifies that the lessee has the right to use the designated underground storage area exclusively for storage purposes while adhering to any applicable federal, state, and local laws. Different types of Oregon Underground Storage Lease and Agreement may exist depending on the specific nature of the storage facilities. Some common types include: 1. Underground Storage for Personal Use: This type of lease agreement is often utilized by individuals who require additional storage space for personal belongings. It may involve renting a portion of an underground facility, such as a storage unit or compartment, for a finite period. 2. Underground Storage for Commercial Use: Businesses, such as retailers, manufacturers, or distributors, may enter into this agreement to secure underground storage space for storing inventory, equipment, or other business-related items. The lease terms and conditions may differ from those of personal storage agreements due to commercial requirements. 3. Underground Vehicle Storage Lease: This type of agreement specifically caters to individuals or businesses seeking storage space for vehicles, such as cars, boats, or recreational vehicles. It outlines the conditions under which vehicles can be stored, any restrictions on vehicle types, and the lessee's responsibilities for maintaining the stored vehicles. 4. Underground Climate-Controlled Storage Lease: Certain storage facilities offer climate-controlled conditions to protect sensitive or valuable items from temperature and humidity fluctuations. This lease agreement specifies the provision of such climate-controlled storage space, along with any associated additional costs. It is essential for both parties involved to carefully review and understand the terms and conditions within their specific Oregon Underground Storage Lease and Agreement. Consulting with legal professionals is advisable to ensure compliance with state regulations and to address any specific requirements related to the underground storage facility.