How do I terminate my storage unit rental agreement?

In this Flex TV episode, our storage expert guides viewers on terminating a storage unit rental agreement. Hope details the steps involved in ending the rental contract, including any notice requirements, and potential move-out fees. Gain insights into the best practices for a smooth and hassle-free termination process.

Today we have a question from Scott who wants to know, how do I terminate my storage unit rental agreement? Scott, that is an excellent question. Sometimes we will take a long-term storage agreement and find out after a while that we don’t actually need the entire length of stay. Maybe we’re moving to a different city and it doesn’t make sense to store there anymore. Maybe we just want our stuff back and don’t want it in storage. In any event, we want to cut our lease short. How do we do it? Now, the first thing you need to know is you can terminate your storage lease at any time. If you want to leave, you want to move out, it’s not actually an issue. You contact your facility and you tell them that you want to end your storage agreement. There are, however, some things to consider. For instance, if you leave in the middle of the month of the billing cycle, you’re going to be charged for the full month. most storage facilities will not allow you to pay for the proportional amount of time that you stayed. So like if you stay for two days out of the month you’re going to probably have to pay for the entire month and not just a little bit of it. You have to really take that into consideration because it could be quite an expensive price. Another thing is a lot of times you will enter a long-term storage agreement because there will be some sort of long-term discount on your rent. So for instance, if you enter into a long-term storage lease for 8 months and you get a 50 % discount on that, if you end up terminating the agreement after 3 or 4 months, you’re going to have to pay the difference between the promotional price and the price that it would have been if you would have taken a shorter lease ahead of time. So in conclusion, it’s not a problem to end your storage lease. You simply contact the facility and tell them you want to move out, and they will say yes. However, do take under consideration that there could be extra charges involved in this process.

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