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Warehouse agreement: for storage of goods
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Word count: 2278

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.

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.

Contents

  • 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.

Draftsman

This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.

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