1. Parties
This Equipment Rental Agreement (the "Agreement") is made on [DATE] between [OWNER NAME], of [OWNER ADDRESS] (the "Owner"), and [RENTER NAME], of [RENTER ADDRESS] (the "Renter"), together the "Parties".
2. Equipment
The Owner rents to the Renter the following equipment, including all accessories, manuals, and cases (the "Equipment"): [DESCRIPTION, MAKE, MODEL, SERIAL NUMBER(S), QUANTITY]. Replacement value: [AMOUNT]. The condition of the Equipment at pickup is recorded in the attached condition report and photos: [ATTACHMENT REFERENCE].
3. Rental Period
The rental period begins on [START DATE AND TIME] and ends on [END DATE AND TIME] (the "Rental Period"). The Equipment will be [PICKED UP BY THE RENTER / DELIVERED BY THE OWNER] at [LOCATION]. Any extension must be agreed in writing (email is sufficient).
4. Rental Fee and Payment
The Renter will pay [AMOUNT] per [DAY / WEEK / MONTH], for a total of [TOTAL AMOUNT], payable [IN ADVANCE / ON RETURN] by [PAYMENT METHOD]. Delivery and pickup fees: [AMOUNT, or NONE]. Late returns will be charged at [AMOUNT] per [DAY / HOUR] until the Equipment is returned.
5. Security Deposit
The Renter will pay a security deposit of [AMOUNT] before the Rental Period begins. The Owner will return the deposit within [NUMBER] days after the Equipment is returned, less any amounts owed for late fees, cleaning, repairs, or missing items, with a written list of deductions.
6. Use and Care
The Renter will use the Equipment only for its intended purpose, in a careful and lawful manner, by persons who are trained to operate it, and only at [PERMITTED LOCATION(S)]. The Renter will not sublet, lend, modify, or remove identifying marks from the Equipment. The Renter will keep the Equipment secure and protected from weather, theft, and misuse.
7. Damage, Loss, and Theft
The Renter is responsible for the Equipment from pickup until it is returned to the Owner. The Renter will notify the Owner within [24 HOURS] of any damage, malfunction, loss, or theft, and will report theft to the police. The Renter will pay the reasonable cost of repair or, if the Equipment cannot be repaired or is not returned, its replacement value stated in section 2. Normal wear and tear is not damage.
8. Maintenance and Malfunction
The Owner confirms that the Equipment is in good working order at pickup. If the Equipment fails through no fault of the Renter, the Renter will stop using it and notify the Owner, who will repair or replace it or refund the rental fee for the time it could not be used. The Renter will not attempt repairs without the Owner's consent.
9. Insurance and Liability
The Renter will [MAINTAIN INSURANCE COVERING THE EQUIPMENT FOR ITS REPLACEMENT VALUE / NOT BE REQUIRED TO INSURE THE EQUIPMENT]. To the extent permitted by law, the Renter is responsible for injury or damage to persons or property caused by the Renter's use of the Equipment and will indemnify the Owner against related claims, except to the extent caused by a defect in the Equipment or the Owner's negligence.
10. Return
The Renter will return the Equipment at the end of the Rental Period, clean and in the same condition as at pickup, except for normal wear and tear. The Parties will inspect the Equipment together on return where practical and note any issues on the condition report.
11. General Terms
This Agreement is governed by the laws of [GOVERNING LAW JURISDICTION]. It is the entire agreement between the Parties about the rental and may be changed only in writing. If any provision is held invalid, the rest remains in effect. The Parties agree that this Agreement may be signed electronically and in counterparts, each of which is an original and all of which together form one agreement.
12. Signatures
OWNER: [OWNER NAME] Signature: ____________________ Date: [DATE] RENTER: [RENTER NAME] Signature: ____________________ Date: [DATE]