Rental Agreement

This story is reprinted with permission from FC&&S Legal, the industry's only comprehensive digital resource designed for insurance coverage law professionals. Visit the website to subscribe.

You've probably seen the low-rise buildings in your community and along the highway. They look like a set of garages stacked on top of each other, and they're often attached to the local U-Haul or other self-moving facilities. The units are even the subject of a reality TV show, “Storage Wars,” in which a group of bidders is trying to find hidden treasure by buying repossessed storage units.

The users of self-storage facilities vary from baby boomers who are downsizing but not ready to part with all their things, to college students leaving their property near the school when they leave for summer vacation, to plumbers or electricians who need supplies but don't have a warehouse for storage, to hoarders or collectors.

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Steven A. Meyerowitz

Steven A. Meyerowitz, a Harvard Law School graduate, is the founder and president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. He may be contacted at [email protected].