§3903. Disclosures

Link to law: http://legislature.vermont.gov/statutes/section/09/098/03903
Published: 2015

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The Vermont Statutes Online



Title

09

:
Commerce and Trade






Chapter

098

:
STORAGE UNITS











 

§

3903. Disclosures

(a) A rental

agreement shall contain the following:

(1) The name and

address of the owner and occupant.

(2) The actual

monthly occupancy charge, rent, or lease amount for the storage space provided,

expressed in dollars.

(3) An itemization

of other charges imposed or which may be imposed in connection with the

occupancy, a description of the charges, whether the charges are mandatory or

optional, and the amount of each charge expressed in dollars.

(4) A statement

of whether property stored in the leased space is or is not insured by the

owner against loss or damage and of the requirement that the occupant must

provide his or her own insurance for any property stored.

(5) A statement

advising the occupant of the existence of the lien created by this chapter,

that the property stored in the leased space may be sold to satisfy the lien,

and that the owner shall not be liable for damage, loss, or alienation of items

of sentimental nature or value.

(b) The

disclosures required under subdivisions (a)(4) and (a)(5) of this section shall

be written in bold type and of a font size equal to or greater than the general

text of the agreement. (Added 2007, No. 183 (Adj. Sess.), § 2, eff. Jan. 1,

2009.)
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