What is a storage agreement and when to use it

A storage agreement is a contract where the warehouse keeper undertakes to store an item for the depositor and to take care of it for a fee.
It defines the terms under which the item is kept, secured and returned.

Typical examples:

• business storage of goods or stock

• seasonal storage (e.g. tires, furniture)

• storage of personal property or equipment

Legal framework

This agreement is governed by the Czech Civil Code (Sections 2415–2420).
Key features:

• liability for safekeeping of the item

• usually for consideration (fee)

• can be for a fixed or indefinite term

Mandatory elements of a storage agreement

• Identification of the parties

• Description and condition of the stored item

• Place and conditions of storage

• Duration of storage / termination method

• Fee and payment terms

• Liability for damage or loss

• Rules for access or inspection

• Date and signatures

Common mistakes in practice

• Incomplete or vague item description

• No clear liability rules for damage

• No agreed duration or exit clause

• No provisions for item access during storage

• No agreement on insurance coverage

Recommendations for warehouse keepers and depositors

Warehouse keeper:

• Always require a signed handover report including item condition.

• Provide adequate conditions for safe storage.

Depositor:

• Negotiate access rights and check insurance coverage.

• Ensure the stored item is properly documented and acknowledged.

Practice tip

Disputes often arise due to undocumented condition of the stored item.
Include a detailed item description and attach photos when signing the contract.

Basic storage agreement template – available for a symbolic fee

If you need a simple storage agreement (e.g. for equipment, goods, property), I can send it by e-mail for a symbolic fee.

This template suits standard cases and is usable by both individuals and businesses.
For specific needs (seasonal storage, insurance clauses, regular access), I can prepare a custom version.

Contact me via e-mail or form. We’ll arrange everything quickly and easily.

FINAL THOUGHTS – WHAT NOW?

A storage agreement isn’t just a formality – it’s a legal shield, if drafted properly. And a trap, if not.

Do you want to be sure your contract will hold up even in a crisis? Get in touch and let’s schedule a meeting. I am a specialist on contract law – more information here.