Indiana Code 26-3-8-16. Rights and obligations of parties; limit on value of property stored
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Sec. 16. (a) This chapter does not impair the power of the parties to a rental agreement to create rights, duties, or obligations that do not arise from this chapter. The rights provided to an owner by this chapter are in addition to all other rights provided by law to a creditor against a debtor.
(b) A rental agreement may specify a limit on the value of personal property that may be stored in a renter‘s rented space. If a rental agreement specifies a limit on the value of stored personal property under this subsection, the limit specified in the rental agreement is considered the maximum value of the renter’s personal property stored in the renter’s rented space.
As added by P.L.265-1987, SEC.1. Amended by P.L.144-2014, SEC.8.
Terms Used In Indiana Code 26-3-8-16
- owner: means :
Indiana Code 26-3-8-6
- Personal property: All property that is not real property.
- personal property: means movable property not affixed to land. See Indiana Code 26-3-8-7
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- rental agreement: means any written agreement or lease that establishes or modifies the terms under which a renter may store personal property in a rented space in a self-service storage facility. See Indiana Code 26-3-8-8
- rented space: means the individual storage space at a self-service storage facility that is rented to a renter under a rental agreement. See Indiana Code 26-3-8-4
- renter: means :
Indiana Code 26-3-8-5