Warehouse agreement: for storage of goods
Standard storage agreement - get the basics clear from the start - for example, who is responsible for the goods whilst in storage, who is responsible for their transport? Use this agreement to set your terms once and for all.
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About this document
Storage and warehousing of goods are a common concept in business and there is always a need for establishing such arrangements through proper documentation and on the basis of pre-defined terms and conditions.
This agreement is drawn in general terms without specific reference to any industry and is suitable for services segment as well;
The intention and purpose is to make the document suitable to cover International transactions, however, it can also be used for domestic version of a similar arrangement;
Who will use this document?
- Any business arranging terms with a warehousing Company/firm.
- A warehousing or Goods storage Company/firm setting up its terms and conditions;
- The best example for suitability of this document in the Indian context would be a Cold Storage making arrangement with its clients.
Application and features
- Suitable for foreign/domestic arrangement;
- Ready for adaptation to particular needs of either or both parties;
- Comprehensive provisions provide ideas;
- Real law in simple English.
- Storage and handling prices;
- Tariff – Method of calculation and Payment terms;
- Duration and termination;
- Additional services;
- Transportation of goods;
- Appropriate legal provisions - warranties, exclusions, indemnities, etc;
- Miscellaneous provisions and restrictive covenants.
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