(a)  The rental agreement shall contain a conspicuous statement in bold type notifying the occupant of the following:

(1)  That the property stored in the leased space is not insured by the owner against loss, theft or damage.

(2)  The existence of the lien under this chapter.

(3)  That property stored in the leased space may be sold to satisfy the lien if the occupant is in default.

Terms Used In Rhode Island General Laws 34-42-9

  • Default: means the failure to perform on time any obligation set forth in the rental agreement or this chapter. See Rhode Island General Laws 34-42-2
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Occupant: means a person, or his or her sublessee, successor, or assign, who is entitled to the use of the storage space at a self-service storage facility under a rental agreement, to the exclusion of others. See Rhode Island General Laws 34-42-2
  • Owner: means the proprietor, operator, lessor, or sublessor of a self-service storage facility, his or her agent, or any other person authorized by him or her to manage the facility or to receive rent from an occupant under a rental agreement. See Rhode Island General Laws 34-42-2
  • Rental agreement: means any written agreement or lease that establishes or modifies the terms, conditions, rules, or any other provisions concerning the use and occupancy of a self-service storage facility. See Rhode Island General Laws 34-42-2

(b)  If the rental agreement contains a limit on the value of the property that can be stored in the leased space, the limit shall be deemed to be the maximum value of the property stored in said leased space.

History of Section.
P.L. 2012, ch. 102, § 2; P.L. 2012, ch. 107, § 2.