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1. PARTIES:
The parties of this agreement are:
Owner: .......................................................................................................................................................................................................
(first and last name or company name)
with Current Address: .................................................................................................................................................................................
Driver's Licence or Passport Number (if applicable): ....................................................................................................................................
and
Renter: ......................................................................................................................................................................................................
(first and last name or company name)
with Current Address: .................................................................................................................................................................................
Driver's Licence or Passport Number (if applicable): ....................................................................................................................................
2. ITEM:
The Owner hereby lets the following Item to the Renter
Item Name: ....................................................................................................................................
Item Description: .........................................................................................................................................................................................
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Condition of the item: ..................................................................................................................................................................................
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3. RENTAL PERIOD DURATION:
The period starts on the .................................................................. and ends on the ..................................................................
4. COSTS:
For this period duration the Renter pays to the Owner a sum of .................................................... (the price excludes the GST/TPS taxes).
This sum is payable upon signing of this contract, and must be paid, at the latest, by the beginning of the rental period.
At the end of the contract, in the event that the Item is returned late, the Renter shall pay the Owner a further sum equivalent to 10% of the total cost of the rental, plus the per day cost of renting the Item, for each additional day until the Item is returned.
Except for any condition contrary to point 9, the rental cost does not include any consumable supplies (for example: ink cartridges, petrol, etc.). The Owner can supply these for the following prices:
5. SECURITY DEPOSIT:
The Renter agrees to make a deposit of ........................................................ to the Owner. The deposit will be used in the event of damage or loss of the item.
In the absence of damage or loss the deposit will be fully returned to the Renter.
6. LEND AND SUB-LETTING - The Renter should not lend or sub-let the Item without the written consent of the Owner. The Renter agrees not to use the Item for any illegal purposes or in a manner that is contrary to its intended use, or moral and social standards.
7. MAINTENANCE, DEMAGE AND THEFT
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The Renter will use, maintain and take care of the Item in a careful and responsible manner.
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The Renter will be held liable for any damages he/she causes to the rented Item. His/her liability will not exceed the potential residual value of the Item, as defined in good faith or contractually.
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If the Renter does not return the rented Item, he/she will be liable to pay the Owner the residual value of the Item as contractually defined in point 4. In order to cover some of the repossession costs, an increase in the overall payment equal to 10% of the rental (excluding tax) is required, as well as late payment interest at the legal rate, taking effect 30 days after the Owner has given formal notice. In the event that the Owner defaults upon his obligations, the Renter is authorised to claim similar compensation.
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If the Renter returns the Item in a bad and/or poorly maintained condition (which cannot be described as a result of normal rental use), requiring special cleaning or attention (e.g. dry cleaning of an item of clothing), the Renter will be liable to pay the cost of cleaning or potential maintenance carried out by a professional specialist. This service provider will be chosen by the Renter within a period of 10 working days, or, if need be, after formal notice is given by the Owner.
8. LIABILITY:
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The Renter is the sole person responsible for the Items during the Rental Period.
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The Renter is the sole person responsible for any damages that the item could cause to the Renter or a third party.
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The Owner assumes no liability during the rental period for the Item rented, in particular regarding its incorrect, imprudent or illegal use.
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The website of cool-rent.com, is not a party to this contract, either explicitly, or implicitly, and does not provide any services directly or indirectly through this agreement. cool-rent.com does not verify the credentials of the Owners, the Renters, or the quality of the Items for Rent. Therefore, the parties to this agreement accept that they cannot hold cool-rent.com liable, either directly or indirectly, to any loss resulting from making and/or carrying out this agreement.
9. ADDITIONAL COMMENTS:
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10. DEFINITIONS:
"Owner": The Party who gives the Item for rent.
"Renter": The Party who is renting the Item.
"Item": The thing (good, service etc.) that is rented.
Contract made in 2 copies.
We, the undersigned, agree to this Rental Agreement.
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Owner: .....................................................................................
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Renter: .....................................................................................
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Signature(s): .....................................................................................
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Signature(s): .....................................................................................
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Date: .....................................................................................
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Date: .....................................................................................
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