Are you about starting a party rental business? If YES, here is a detailed sample party equipment rental contract agreement template, with terms and conditions included.
RILEY MCPHERSON® PARTY EQUIPMENT RENTAL COMPANY, INC.
PARTY EQUIPMENT RENTAL CONTRACT TERMS AND CONDITIONS
This Party Equipment Rental Contract (“Agreement”) is entered into between Riley McPherson® Party Equipment Rental Company, Inc. (“Lessor”) and the undersigned customer (“Lessee”). By signing this Agreement, Lessee agrees to the following terms and conditions:
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RENTAL PERIOD
1.1. The rental period begins on the date and time specified in the rental invoice and ends when the equipment is returned to Lessor.
1.2. Lessee must return all equipment by the agreed-upon date and time. Late returns may incur additional fees.
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PAYMENT TERMS
2.1. A deposit of [amount] is required at the time of booking to secure the rental.
2.2. The full balance is due [number] days before the rental period begins.
2.3. A security deposit may be required and will be refunded upon the return of all equipment in satisfactory condition.
2.4. Payments can be made via:
- Credit Card Payments
- Cash
- Bank Transfers
- Checks
- Electronic Funds Transfer (EFT)
- Payment Platforms (PayPal, Square, etc.)
- Mobile Payment Apps.
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CANCELLATION POLICY
3.1. Cancellations made [number] days before the rental date will receive a full refund.
3.2. Cancellations made less than [number] days before the rental date may be subject to a cancellation fee.
3.3. No refunds will be given for cancellations made within [number] hours of the rental date.
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DELIVERY AND PICKUP
4.1. The Lessor will deliver and pick up the equipment at the agreed-upon location for an additional fee if applicable.
4.2. The Lessee is responsible for ensuring access to the location and must be present for delivery and pickup.
4.3. Any delays caused by the Lessee may result in additional fees.
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USE AND RESPONSIBILITY
5.1. Lessee agrees to use the rented equipment only for its intended purpose and to follow all safety guidelines.
5.2. Lessee assumes full responsibility for the equipment during the rental period.
5.3. Any damage, loss, or theft of equipment will be charged to the Lessee at the full replacement or repair cost.
5.4. Lessor is not liable for any injuries, damages, or accidents arising from the use of the rented equipment.
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INSPECTION AND RETURN
6.1. Lessee must inspect the equipment upon receipt and report any damages or missing items immediately.
6.2. Equipment must be returned in the same condition it was received, excluding normal wear and tear.
6.3. Any cleaning fees for excessively dirty equipment will be charged to the Lessee.
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FORCE MAJEURE
7.1. Lessor is not liable for failure to fulfill this Agreement due to events beyond its control, including but not limited to natural disasters, strikes, or governmental restrictions.
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GOVERNING LAW
8.1. This Agreement shall be governed by the laws of the State of California.
8.2. Any disputes arising from this Agreement shall be resolved in the courts of Los Angeles County.
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ENTIRE AGREEMENT
9.1. This Agreement constitutes the entire agreement between the parties and supersedes any prior agreements or understandings.
Lessee acknowledges that they have read, understood, and agreed to the terms and conditions outlined in this Agreement.
Lessee Name: ___________________________
Signature: ___________________________
Date: ___________________________
Lessor Representative: Riley McPherson® Party Equipment Rental Company, Inc.
Signature: ___________________________
Date: ___________________________