Storage Liability Waiver Template for Malaysia

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Key Requirements PROMPT example:

Storage Liability Waiver

"I need a Storage Liability Waiver for my temperature-controlled warehouse facility in Kuala Lumpur that handles pharmaceutical products, with specific emphasis on temperature maintenance liability and compliance with Malaysian healthcare storage regulations."

Document background

This Storage Liability Waiver serves as a crucial legal document for businesses providing storage services in Malaysia. The document is essential for protecting storage facility operators while ensuring fair terms for customers under Malaysian law. It should be used whenever a storage provider offers storage services, whether for commercial or personal use, and needs to establish clear liability limitations. The waiver addresses key aspects including damage or loss of stored items, access rights, insurance requirements, and facility rules, all while maintaining compliance with Malaysian contract law, the Consumer Protection Act 1999, and the Warehouse Keepers Act 1963. This document is particularly important given the growing storage industry in Malaysia and the need for clear legal frameworks in storage operations.

Suggested Sections

1. Parties: Identification of the storage provider and the customer, including full legal names and addresses

2. Background: Brief context explaining the purpose of the agreement and the storage service being provided

3. Definitions: Key terms used throughout the document, including 'Storage Space', 'Stored Items', 'Liability', etc.

4. Storage Terms: Basic terms of the storage arrangement, including location, duration, and access rights

5. Customer Obligations: Customer responsibilities regarding stored items, prohibited items, and proper use of storage facilities

6. Liability Waiver: Core section detailing the scope of liability limitations and what the storage provider is not responsible for

7. Insurance: Requirements for insurance coverage and responsibility for obtaining insurance

8. Indemnification: Customer's agreement to indemnify the storage provider for certain acts or omissions

9. Termination: Conditions and process for ending the storage arrangement

10. Governing Law: Specification of Malaysian law as governing law and jurisdiction

Optional Sections

1. Special Storage Requirements: Used when specific items require special storage conditions or handling

2. Security Measures: Include when detailing specific security arrangements or customer responsibilities for security

3. Access Procedures: Added when complex or specific access protocols need to be detailed

4. Force Majeure: Include when specific force majeure provisions beyond standard terms are needed

5. Dispute Resolution: Optional detailed dispute resolution procedures beyond standard court jurisdiction

6. Assignment: Include when transfer of rights needs to be specifically addressed

Suggested Schedules

1. Schedule A - Description of Stored Items: Detailed inventory of items being stored

2. Schedule B - Storage Fees and Charges: Breakdown of all applicable fees, charges, and payment terms

3. Schedule C - Facility Rules and Regulations: Specific rules and regulations for using the storage facility

4. Appendix 1 - Insurance Requirements: Detailed insurance requirements and minimum coverage specifications

5. Appendix 2 - Prohibited Items List: Comprehensive list of items that cannot be stored in the facility

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Logistics

Self-Storage

Warehousing

Real Estate

Retail

Manufacturing

E-commerce

Moving and Relocation

Document Storage

Industrial Storage

Agriculture Storage

Pharmaceutical Storage

Relevant Teams

Legal

Operations

Facility Management

Risk Management

Customer Service

Compliance

Property Management

Business Development

Contract Administration

Quality Assurance

Relevant Roles

Facility Manager

Operations Director

Legal Counsel

Risk Manager

Warehouse Supervisor

Storage Consultant

Property Manager

Compliance Officer

Customer Service Manager

Business Development Manager

Contract Administrator

Safety Officer

Quality Assurance Manager

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Authors

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