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Inventory Storage Form

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INVENTORY STORAGE AGREEMENT

This Inventory Storage Agreement ("Agreement") is made and entered into as of by and between:

RECITALS

WHEREAS, Storage Provider operates secure storage facilities and provides inventory storage services to commercial clients; and

WHEREAS, Client requires storage of certain goods and desires to engage Storage Provider to receive, store and safeguard Client's inventory at the storage location described below under the terms and conditions set forth in this Agreement; and

WHEREAS, the parties wish to document their respective duties, payment terms, liability allocation and other essential terms in writing.

STORAGE LOCATION

SCOPE OF WORK

Storage Provider shall receive, document, store, and release the Client's inventory described below in accordance with this Agreement and the Storage Provider's standard operating procedures. Services include secure storage, basic inventory handling as listed, and release coordination for shipments arranged by Client.

INVENTORY DETAILS

Client shall deliver to Storage Provider the items described below. Each item shall be documented at intake and any existing visible damage recorded.

Item #
Description
Qty
Condition

1:

2:

3:

If additional inventory is delivered after execution of this Agreement, such items shall be listed on supplemental inventory manifests and incorporated by reference upon Provider's written intake acknowledgment.

PAYMENT TERMS

All fees are payable in lawful currency. Client shall be responsible for reasonable collection costs, including attorneys' fees, for delinquent amounts. Provider may suspend access to inventory for unpaid charges after providing the notice required under Term and Termination below.

TERM AND TERMINATION

This Agreement commences on and continues until unless earlier terminated as provided herein.

Either party may terminate for material breach if the breach remains uncured for the notice period above. Upon termination, Client shall remove all inventory within 30 days unless otherwise agreed in writing. Storage Provider may, at its option and in accordance with applicable law, dispose of or sell remaining inventory to satisfy unpaid charges after providing the required notice.

INSURANCE, LIABILITY, AND INDEMNIFICATION

Client is responsible for maintaining adequate insurance covering loss, theft, damage, or contamination of Client's inventory while in storage. Client shall name Storage Provider as an additional insured or loss payee only if explicitly required by Provider and accepted in writing. Storage Provider shall not be liable for loss unless caused by Storage Provider's gross negligence or willful misconduct. Provider's liability for loss or damage shall be limited to the lesser of the actual documented value of the lost/damaged goods or the documented storage charges for the period the goods were stored, unless otherwise agreed in writing.

Client shall indemnify, defend and hold harmless Storage Provider from any claims, liabilities, costs or expenses arising from Client's inventory, including claims related to contamination, pest infestation, hazardous materials, or improper packaging, except to the extent caused by Provider's gross negligence or willful misconduct.

Client certifies that inventory contains hazardous materials.

Client maintains insurance covering stored inventory.

Provider may inspect inventory for compliance with storage requirements.

ACCESS, SECURITY, AND OPERATIONAL RULES

Client's access to the storage facility is subject to Provider's operational schedules and security protocols. Emergency access may be provided outside normal hours when feasible, subject to reasonable additional charges. Client shall not store illegal or perishable goods without prior written consent.

CONFIDENTIALITY

Each party shall keep confidential all non-public business information received from the other party in connection with this Agreement. Confidential information excludes information that (a) is or becomes public through no breach, (b) was rightfully known prior to disclosure, or (c) is required to be disclosed by law; in the latter case the disclosing party shall provide prompt notice to allow the other to seek protective relief.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the state specified below without regard to conflict of law principles.

ENTIRE AGREEMENT

This Agreement, together with any intake manifests and written amendments signed by the parties, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior proposals, understandings and agreements, whether written or oral. Any modifications must be in writing and signed by authorized representatives of both parties.

MISCELLANEOUS PROVISIONS

If any provision of this Agreement is held unenforceable, the remaining provisions shall remain in full force and effect. No waiver of any breach shall constitute a waiver of any other or subsequent breach. The parties are independent contractors; nothing in this Agreement creates a partnership, joint venture or agency relationship.

Storage Provider (Print Name):

By:

Date:

Client (Print Name):

By:

Date:

Enter text✕

What an Inventory Storage Form Is and when it’s used

An Inventory Storage Form documents items placed into storage, their condition, location, and custodial details. It records descriptions, serial numbers, quantities, packing condition, and any special instructions for handling or access. Organizations use this form when moving goods to a warehouse, placing items in a storage unit, or staging property for long-term retention. The form supports tracking, insurance claims, chain-of-custody, and invoicing, and it can accompany inventory audits or release authorizations during retrieval.

Why maintain a formal Inventory Storage Form

A clear Inventory Storage Form reduces disputes, enables insurance coverage, and documents custody and condition at intake. It creates an auditable record for operations, billing, and claims while preserving evidence of property condition.

Why maintain a formal Inventory Storage Form

Who prepares and who signs this form

Typical preparers include warehouse clerks, movers, property managers, and logistics coordinators who perform intake and condition checks.

  • Warehouse staff and receiving clerks who verify items, counts, and condition before storage
  • Owners or authorized agents who confirm the listed property and accept custody terms
  • Carriers or movers who acknowledge handoff and note transport-related damage or shortages

Signers commonly include the custodian accepting storage, the owner or authorized agent, and any third-party carrier or inspector present at intake.

Essential sections to include on a professional form

A complete Inventory Storage Form groups identification, condition, custody, location, liability terms, and signatures so every intake is consistent and defensible.

Form ID

Assign a unique form number and version to track revisions and link signed records to invoices and intake logs for auditability.

Item Details

List each item with serial/model numbers, SKU, description, and quantity to prevent ambiguity during retrieval and insurance evaluations.

Condition Notes

Record observable condition, pre-existing damage, and photo references so later disputes over damage can be resolved with contemporaneous evidence.

Storage Location

Specify exact unit, shelf, or bin identifiers and access restrictions so staff can locate items quickly and reduce misplacement risk.

Custody Terms

State custody start date, liability limits, insurance responsibilities, and any handling instructions that affect legal and financial exposure.

Signatures

Provide signature blocks for the delivering party, receiving party, and witness; include printed name, title, organization, and date for each signer.

Required data elements for every Inventory Storage Form

Form Number: Unique identifier
Date and Time: MM/DD/YYYY and time
Item Description: Clear short text
Serial / SKU: Alphanumeric ID
Quantity: Integer count
Condition: Brief status

Step-by-step: completing an Inventory Storage Form at intake

Follow these actions in sequence to ensure a complete and auditable intake record.

  • 01
    Identify items: Inspect and list each item with serials and counts.
  • 02
    Record condition: Note damage, wear, and take photos for reference.
  • 03
    Assign location: Enter storage unit, shelf, or bin code.
  • 04
    Obtain signatures: Have delivering and receiving parties sign and date.

Configure an online Inventory Storage workflow

Map fields, assign roles, and enable validation so forms are complete before submission.

Field Configuration
Item List Field Repeatable table with required serial validation
Photo Attachments Allow JPG/PNG upload with required caption
Signer Roles Deliverer, Receiver, Approver assigned by email
Automatic Alerts Notify owner and operations on submission

Where the completed form goes after signing

Routing ensures copies reach operations, finance, and the owner for retention and follow-up.

  • Operations: Receives the form to arrange shelving and access.
  • Finance: Uses form data to bill storage fees.
  • Owner: Receives a copy for custody and claims.
  • Records: Archive PDF in document management system.

Technical and platform considerations for eSubmission

Choose a platform that supports PDF, DOCX, mobile signing, and secure storage to keep intake efficient and auditable.

  • File formats: PDF, DOCX, XLSX supported
  • Integrations: Salesforce, NetSuite, Google Workspace
  • Security: TLS in transit, AES-256 at rest

Typical timelines and processing expectations

Know when to perform intake, how long approvals take, and when records must be retained or transferred.

Intake completion:

Complete and sign at time of receipt or within 24 hours.

Photo capture window:

Take condition photos during intake to support claims.

Billing start:

Storage fees typically begin on the effective date entered.

Discrepancy reporting:

Report missing or damaged items within 7–14 days per typical carrier terms.

Record access:

Provide retrieval requests based on SLA (commonly 24–72 hours).

Common mistakes to avoid when preparing the form

  • Leaving serial numbers blank or using shorthand that prevents later item matching during retrieval or insurance claims.
  • Failing to capture photos or timestamps for pre-existing damage, which undermines the ability to defend against later damage claims.
  • Using ambiguous item descriptions such as "parts" or "equipment" without model or identifying data, complicating audits and invoicing.
  • Not assigning unique form IDs or failing to link the form to invoice and storage account records, causing reconciliation gaps.

Risks and consequences of incorrect or incomplete forms

Insurance denial: Possible if condition or serials are missing
Liability disputes: Ambiguous custody leads to contested claims
Billing errors: Incorrect quantities cause overbilling or shortfalls
Delayed retrieval: Missing location data slows access
Regulatory exposure: Sensitive items may require special handling
Evidence loss: No photo or timestamp weakens claims

Common eSignature provider comparison for Inventory Storage Forms

Platform choice affects cost, compliance, and integrations; compare starting price, trial availability, bulk features, and HIPAA capability below.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial Yes, 7-day free trial Varies by plan Varies by plan Yes, limited Yes, limited
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Frequently asked questions about Inventory Storage Forms

Answers to common issues covering eSigning, retention, corrections, and signer authority for intake records.


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