Storage Unit Lease Agreement Michigan

6. A lease under this Division may provide for a reasonable late fee for the lessee`s inability to make timely payments for the warehouse at maturity. The monthly late fee of $20.00 or 20% of the monthly rental amount, whichever is greater, is considered reasonable and is not a penalty. The owner of the self-service warehouse or closed storage unit itself is responsible for justifying the adequacy of a higher late fee. 1. Rent due on the 1st It must be clear that you are not offering security for its belongings, and any security involved by cameras, doors and keyboards serves the safety of your employees and the establishment, not individual units or tenants. Any section of this memory lease that is found to be unenforceable, illegal or unfair by a court is replaced by an acceptable section that achieves the same fundamental objective of protecting both parties and their rights with respect to this memory lease agreement. PandaTip: The model section below describes the installation and unit rented by the customer with this stock rental agreement.. . .


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