Fillable Printable Simple Rental Agreement(Generic)

Simple Rental Agreement(Generic)

RENTAL AGREEMENT (GENERIC)

THIS AGREEMENT is made this ___________________________ (Date) between

_________________________________________________________________, of

___________________________________________________ (Address), hereinafter

called Owner, and ______________________________________________________,

of __________________________________________________ (Address), hereinafter

called Renter.

PROPERTY DESCRIPTION

______________________________________________________________________

The 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.

RENTAL PERIOD

The Owner agrees to rent the above-described property to the Renter for a period of

_______________________ (Time Period), beginning _______________________

(Date) and ending _____________________ (Date).

USE OF PROPERTY

______________________________________________________________________

The Renter further agrees that the rented property shall [1] not be used beyond any

rated capacity; [2] shall not be used for any illegal purpose; [3] shall not be used in any

manner for which it was not designed, built, or designated by the manufacturer; [4] will

not be used in a negligent manner; [5] will not be operated by any other person without

the written permission of the Owner; and [6] will not be removed from the designated

area of use or operation.

AREA OF USE OR OPERATION

The Renter agrees to operate/use the above-described property only at the following

location or within the following described area(s):

______________________________________________________________________

INSURANCE

The 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, or equipm ent.

RENTAL RATE

The 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.

DEPOSIT

The 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.

RETURN OF PROPERTY TO OWNER

The Renter hereby agrees to return the rented property and any accessories/equipment

to the Owner at __________________ (Location) no later than __________________

(Date).

TERMINATION OF AGREEMENT

It 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.

IN WITNESS WHEREOF, the par ties hereto hereby execute this Agreement.

___________________________________ ________________

Renter’s Signature Date

___________________________________ ________________

Owner’s Signature Date