§ 3903 - Disclosures - Vermont Statutes

§ 3903. Disclosures

(a) A rental agreement shall contain the following:

(1) The name and address of the owner and occupant.

(2) The actual monthly occupancy charge, rent, or lease amount for the storage space provided, expressed in dollars.

(3) An itemization of other charges imposed or which may be imposed in connection with the occupancy, a description of the charges, whether the charges are mandatory or optional, and the amount of each charge expressed in dollars.

(4) A statement of whether property stored in the leased space is or is not insured by the owner against loss or damage and of the requirement that the occupant must provide his or her own insurance for any property stored.

(5) A statement advising the occupant of the existence of the lien created by this chapter, that the property stored in the leased space may be sold to satisfy the lien, and that the owner shall not be liable for damage, loss, or alienation of items of sentimental nature or value.

(b) The disclosures required under subdivisions (a)(4) and (a)(5) of this section shall be written in bold type and of a font size equal to or greater than the general text of the agreement. (Added 2007, No. 183 (Adj. Sess.), § 2, eff. Jan. 1, 2009.)