Self Storage That Owns Other Businesses
Self storage is also a known as mini warehouse or mini storage
. Unlike warehouse, self storage is small and can only store enough supplies and goods. This storage refers to a business that owns and operates a facility that is subdivided into spaces that is being rent by individual or small businesses.Self storage facilities lease space to individuals or small businesses that stores household goods, stores excess inventory supplies, archived records or any other supplies and stuffs. The rented spaces is known as units or room for other word or sometimes called as lockers. These rooms are being secured by tenants which is being secured by lock and keys. These lock and keys are owned by the tenants as well.
There is also what we called facility operators who take charge on the renting of self storage spaces. But these facility operators do not have casual access to the content of the space, wherein a professional warehouseman can. A professional warehouseman is a worker who facilitates in any transaction within a warehouse. A warehouse is somehow similar to self storage since that it is still stores goods, but the only difference is that a warehouse is a commercial building that caters large companies.
There are other things that a self storage operator must not handle. And these are possessions, care, custody or control of the content inside the storage rental space. But there is a consideration to this in the law. They can do the said things if the management of the self storage imposed a lien, or a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation, for the non payers.
Self storage businesses do have a variety of units' sizes to tenants. Popular units sizes include 10x5 feet on, which is similar to the size of a large walk-in closet. The typical storage units are windowless, walled with corrugated metal and lockable by the tenants. Each unit is usually accessed by opening a roll up metal door on which the size is similar to a one car garage door.
Self storage facility operators frequently provide controlled access to rental space areas, individual door alarms, interior units' lights, and security cameras. Goods or items stored are either not insured by the self storage operator, or insured only to a minimal degree; possessions stored are at the tenant's "own risk" or can be protected by tenant-purchased homeowners insurance or buy purchasing self storage tenant insurance.
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