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A storage rental agreement is a document between two parties, the tenant and the landlord, outlining the terms of renting a storage space. It is commonly used by businesses renting out warehouses or storage spaces. The agreement can have a fixed term or be month-to-month, and it allows the renter to legally use the space for storing property. It also details important aspects of the agreement and protects the rights of both parties in case of any contract breaches.