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1940 Brevard Road


Arden, NC 28704

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(919) 909-4346

Terms and Servies - Rental Agreement

EQUIPMENT RENTAL AGREEMENT

 

 

 

 

OWNER:

Neighborly’s Equipment & Rental, LLC

1940 Brevard Road

Arden, NC 28704

 

Phone: (828) 305-8913

 

RENTER: _____________________

 

Date: _________

Address:

 

Contact Phone: _______________

 

Place of Use:_______________________

 

EQUIPMENT RENTED

 

 ITEM SERIAL NUMBER DESCRIPTION

  1. ___________ ________________ _____________________
  2. ___________ ________________ _____________________
  3. ___________ ________________ _____________________

 

 

 

Rental Rate:

 

_________________for rental period__________________________________

 

_________ per week thereafter

 

RENTAL TERMS AND CONDITIONS

 

  1. The RENTER shall keep and maintain the rented equipment during the terms of the rental at

his won cost and expense. He shall keep the equipment in a good state of repair, normal wear and

tear excepted.

  1. The RENTER shall pay the OWNER full compensation for replacement for replacement

and/or repair of any equipment which is not returned because it is lost or stolen or any equipment

which is damaged and in need of repair to put it into the same condition it was in at the time of

rental, normal wear and tear excepted. The OWNER’s invoice for replacement or repair is

conclusive as to the amount RENTER shall pay under this paragraph for repair or replacement.

  1. The RENTER shall not remove the equipment from the address of the RENTER or the

location shown herein as the place of use of the equipment without prior written approval of the

OWNER.

The RENTER shall inform the OWNER upon demand of the exact location of the equipment

while it is in the RENTERS’s possession.

  1. The equipment shall be delivered to RENTER and returned to OWNER at the RENTER’s

risk, cost and expense. If a periodic rental rate is charged by OWNER, rental charges are billed to

the RENTER for each period or portions of the period form the time the equipment is delivered

to RENTER until its return. If a term rental rate is charged by OWNER, rental charges are billed

to the RENTER for the full term even if the equipment is returned before the end of the term. If

the equipment is not returned during or at the end of the term, then the rental charges shall

continue on a full term basis for any additional term or portion thereof until the equipment is

returned.

  1. No allowance will be made for any rented equipment or portion thereof which is claimed not

to have been used. Acceptance of returned equipment by OWNER does not constitute a waiver

of any of the rights OWNER has under the rental agreement.

  1. The RENTER shall allow OWNER to enter RENTER’s premises where the rented

equipment is stored or used at all reasonable times to locate and inspect the state and condition of

the rented equipment. If the RENTER is in default of any of the terms and conditions of this

agreement, the OWNER, and his agents, at the RENTER’s risk, cost and expense may at any time

enter the RENTER’s premises where the rented equipment is stored or used at all time and

recover the

rented equipment.

  1. The RENTER shall not pledge or encumber the rented equipment in any way. The OWNER may terminate this agreement immediately upon the failure of RENTER to make rental payments

when due, or upon RENTER’s filling for protection from creditors in any court of competent

jurisdiction.

 

  1. The OWNER makes no warranty of any kind regarding the rented equipment, except that

OWNER shall replace the equipment with identical or similar equipment if the equipment fails to

operate in accordance with the manufacturer’s specifications and operation instructions. Such

replacement shall be made as soon as practicable after RENTER returns the non-conforming

equipment.

  1. RENTER indemnifies and holds OWNER harmless for all injuries or damage of any kind for

repossession and for all consequential and special damages for any claimed breach of warranty.

  1. The RENTER shall pay all reasonable attorney and other fees, the expenses and costs incurred

by OWNER in protection its rights under this rental agreement and for any action taken

OWNER to collect any amounts due the OWNER under this rental agreement.

  1. These terms are accepted by the RENTER upon delivery of the terms to the RENTER or the

agent or other representative of RENTER.

 

 

Date:______________________

 

RENTER:___________________

 

OWNER:____________________