Rental Agreement for Equipment

Purpose: This Rental Agreement outlines the terms and conditions under which the Equipment Owner agrees to rent specified equipment to the Renter. This document includes responsibilities regarding care, liability, duration, and return of the rented equipment.

1. Parties Involved

Owner: {ownerName}
Address: {ownerAddress}
Email: {ownerEmail}

Renter: {renterName}
Address: {renterAddress}
Email: {renterEmail}

2. Equipment Description

3. Rental Term

The rental period will begin on {rentalStartDate} and end on {rentalEndDate}, unless otherwise agreed in writing.

4. Payment Terms

The total rental fee for the agreed rental period is: {totalRentalFee}.
Payment will be due {paymentDueTerms}.

5. Deposit

{^hasDepositRequired} No deposit is required for this rental agreement. {/hasDepositRequired} {#hasDepositRequired} A refundable deposit of {depositAmount} is required and will be returned upon satisfactory return of the equipment. {/hasDepositRequired}

6. Responsibilities and Use

• The Renter agrees to use the equipment in a careful and proper manner.
• The Renter shall be responsible for any loss or damage to the equipment beyond normal wear and tear.
• Equipment must not be sublet or assigned to another party without written consent from the Owner.

7. Insurance

{#hasInsurance} The Renter confirms that appropriate insurance coverage is in place for the rented equipment. {/hasInsurance} {^hasInsurance} The Renter confirms that no insurance coverage is in place and accepts full liability for the equipment during the rental period. {/hasInsurance}

8. Return of Equipment

All equipment must be returned on or before {rentalEndDate} in good working condition. Late returns may incur additional fees as follows:

{#lateReturnFees}

• {condition}: {fee}

{/lateReturnFees}

9. Termination

Either party may terminate this agreement with {noticePeriod} prior written notice. Early termination fees may apply in accordance with section 4.

10. Signatures

This document constitutes a legal and binding agreement between the parties listed above. Please review thoroughly before signing.