A Storage License Agreement is essential for businesses and individuals requiring secure storage solutions in Hong Kong. This document establishes the legal framework for storage arrangements, clearly defining the relationship between the storage facility operator and the user. It's particularly relevant in Hong Kong's space-constrained environment, where storage solutions are in high demand. The agreement addresses key aspects such as space allocation, access rights, security measures, and fee structures, while ensuring compliance with Hong Kong's regulatory requirements, including the Building Management Ordinance, Fire Services Ordinance, and where applicable, the Dangerous Goods Ordinance. This document is commonly used for both commercial and personal storage needs, ranging from document storage to inventory management.
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1. Parties: Identification of the Licensor (storage facility operator) and Licensee (storage space user), including full legal names and addresses
2. Background: Brief context of the agreement and purpose of the storage arrangement
3. Definitions: Key terms used throughout the agreement including 'Storage Space', 'Common Areas', 'License Fee', 'Permitted Use'
4. Grant of License: Details of the storage space being licensed, including location, size, and unit number
5. License Period: Duration of the license, including start date and any renewal options
6. License Fee and Payment: Amount payable, payment schedule, late payment consequences, and security deposit requirements
7. Use of Storage Space: Permitted uses, prohibited items, and general restrictions on use
8. Access and Security: Access hours, security procedures, keys/access cards, and identification requirements
9. Licensee's Obligations: Maintenance, cleanliness, compliance with regulations, and proper use of the facility
10. Licensor's Obligations: Maintenance of common areas, security provisions, and facility upkeep
11. Insurance and Liability: Required insurance coverage, liability limitations, and indemnification provisions
12. Default and Termination: Events of default, termination rights, and consequences of termination
13. Notices: How formal communications between parties should be made and delivered
14. General Provisions: Standard boilerplate clauses including governing law, entire agreement, and amendments
1. Dangerous Goods Storage: Include when the facility permits storage of dangerous goods, detailing specific requirements and compliance with Cap. 314
2. Climate Control: Include when the facility offers temperature or humidity-controlled storage units
3. Additional Services: Include when the facility offers supplementary services like packaging, transport, or inventory management
4. Shared Facility Provisions: Include for multi-user facilities, describing common area usage and interaction with other users
5. Security Systems: Include when specific security systems like CCTV or alarm systems are provided
6. Operating Hours: Include when access is restricted to specific hours or requires special arrangements
7. Staff Support: Include when the facility provides on-site staff assistance or support services
1. Schedule 1 - Storage Space Details: Detailed description of storage space including floor plan, dimensions, and specific location within facility
2. Schedule 2 - Fee Schedule: Detailed breakdown of all fees, including base license fee, utilities, maintenance charges, and optional service fees
3. Schedule 3 - Facility Rules and Regulations: Comprehensive facility rules, including loading dock procedures, waste disposal, and general conduct
4. Schedule 4 - Insurance Requirements: Detailed insurance requirements including types of coverage, minimum amounts, and approved insurers
5. Schedule 5 - Access Procedures: Detailed procedures for accessing the facility, including security protocols and emergency procedures
6. Appendix A - Prohibited Items List: Comprehensive list of items prohibited from storage
7. Appendix B - Condition Report: Initial condition report of the storage space to be completed at commencement
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