Rental Terms Agreement
This Rental Terms Agreement (“Agreement”) is made between Padgett Storage Ltd.
(“Padgett Storage”, “Lessor”, “we”, or “us”) and the undersigned customer (“Tenant”). This
Agreement governs the rental, transportation, and/or storage of portable storage
containers as detailed in the Transaction Summary and/or Invoice issued by Padgett
Storage Ltd.
Schedule “A” – Fees & Charges
• Monthly Rental Fee: As set out on the Transaction Summary / Invoice
• GST: Applicable at the prevailing rate
• Late Payment Fee (3+ days): $10.00
• Additional Delinquency Fee (10+ days): $25.00
• Lien Administration Fee (30+ days): $75.00
• Credit Card Processing Failure Fee: $75.00
• Unauthorized Container Relocation Fee: Minimum $75.00 up to full replacement cost
• Non‑Paved Access / Special Placement Fee: As assessed by Padgett Storage Ltd.
The Transaction Summary and any Invoice issued by Padgett Storage Ltd. form an integral
part of this Agreement and are incorporated by reference. In the event of any inconsistency,
this Agreement shall govern.
All fees are due immediately upon invoicing and constitute additional rent under this
Agreement.
1) DEFINITIONS
“Container(s)” means the self-contained portable storage container(s) identified on the
Transaction Summary or Invoice.
“Facility” means any storage location operated by or on behalf of Lessor.
“Due Date” means the first day of each calendar month.
2) PURPOSE
This Agreement governs the rental, transportation, and storage of Container(s) used solely
for commercial goods, household goods, and personal effects.
3) DESCRIPTION AND CONDITION OF CONTAINER
Tenant acknowledges inspection of the Container(s) and accepts them in good condition
and suitable for intended use. No alterations may be made without Lessor’s prior written
consent.
4)TERM
This Agreement commences upon delivery and continues month-to-month until terminated
in accordance with Section 17.
5) RENT, FEES, AND PAYMENT TERMS
Rent and applicable GST are payable monthly in advance. Late payments incur fees as set
out in Schedule “A”. Prepaid rent is non-refundable.
6) USE AND COMPLIANCE WITH LAW
Tenant shall comply with all applicable municipal, provincial, and federal laws. Human or
animal habitation is strictly prohibited.
7) PROHIBITED MATERIALS
Hazardous materials, perishables, explosives, and illegal goods are prohibited.
8) WEIGHT AND PACKING
Maximum weight shall not exceed 4,000 lbs for 20’ containers. Tenant bears full
responsibility for packing.
9) INSURANCE AND RISK
All property is stored at Tenant’s sole risk. Tenant is responsible for obtaining insurance
coverage.
10) LIMITATION OF LIABILITY
Except for willful misconduct or fraud, Lessor shall not be liable for loss or damage.
11) INDEMNITY
Tenant shall indemnify and hold harmless Lessor from all claims arising from Tenant’s use.
12)ACCESS AND IDENTIFICATION
Tenant shall provide valid identification prior to access or movement requests.
13) PLACEMENT OF CONTAINER
Tenant authorizes placement and assumes responsibility for surface damage.
14) LOCKS
Tenant shall provide and maintain a suitable lock.
15) RIGHT OF ENTRY
Lessor may enter Container(s) in emergencies, default, or as required by law.
16)DEFAULT
Failure to pay rent or comply with this Agreement constitutes default.
17) TERMINATION
Either party may terminate with seven (7) days’ written notice prior to month end. .
18) REMEDIES
Lessor may deny access, seize Container(s), and enforce lien rights.
19) LIEN
Lessor holds a lien pursuant to the Repair and Storage Liens Act (British Columbia).
20) CONDITION UPON TERMINATION
Tenant shall return Container(s) in original condition, reasonable wear excepted.
21) ASSIGNMENT
Tenant may not assign without written consent.
22) FORCE MAJEURE
Lessor shall not be liable for delays beyond reasonable control.
23) GOVERNING LAW
This Agreement is governed by the laws of British Columbia.
24) ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the parties.
25) EXECUTION
IN WITNESS WHEREOF, the parties have executed this Agreement.