RENTAL AGREEMENT (GENERIC)
AGREEMENT is made this ___________________________ (Date) between
_________________________________________________________________, of ___________________________________________________
(Address), hereinafter called Owner, and
__________________________________________________ (Address), hereinafter
Owner warrants that to the best of his/her knowledge and belief the aforesaid
property is free of faults or deficiencies which would affect its safe and
dependable operation under normal and prudent usage.
Owner agrees to rent the above-described property to the Renter for a period of
_______________________ (Time Period), beginning _______________________ (Date)
and ending _____________________ (Date).
Renter further agrees that the rented property shall  not be used beyond any
rated capacity;  shall not be used for any
illegal purpose;  shall not be used in any manner for which it was
not designed, built, or designated by the manufacturer;  will not be used in
a negligent manner;  will not be operated by any other person without the
written permission of the Owner; and  will not be removed from the
designated area of use or operation.
OF USE OR OPERATION
Renter agrees to operate/use the above-described property only at the following
location or within the following described area(s):
Renter hereby agrees that he/she shall fully indemnify the Owner for any and
all damage to or loss of the rented property and any accessories or related
equipment during the term of this Agreement whether caused by fire, theft,
flood, vandalism, or any other cause, except that which shall be determined to
have been caused by a fault or deficiency of the rented property, accessories,
Renter hereby agrees to pay the Owner at the rate of $ ________________ per
_______________ (Daily/Weekly/Monthly) for the use of said property and any
accessories/equipment. Any fuel used
shall be paid for by the Renter.
Renter further agrees to make a deposit of $ _________________ (Amount) with
the Owner. Said deposit to be used, in
the event of loss of or damage to the rented property and any
accessories/equipment during the term of this Agreement, to defray fully or
partially the cost of necessary repairs or replacement. In the absence of any damage or loss, said
deposit shall be credited toward payment of the rental fee and any excess shall
be returned to the Renter.
OF PROPERTY TO OWNER
Renter hereby agrees to return the rented property and any
accessories/equipment to the Owner at __________________ (Location) no later
than __________________ (Date).
is mutually agreed that the Renter shall have the right to terminate this
Agreement at any time by payment of one full days rental for each 24-hour
period or any part thereof, during which the Renter has retained possession of
the property and any accessories/ equipment during the term of this Agreement.
WITNESS WHEREOF, the parties hereto hereby execute this Agreement.