Terms and conditions
1.
EQUIPMENT
: Lessor hereby leases to Lessee the following equipment:
(the “Equipment”).
2.
LEASE TERM
: The lease will start on
(begin date) and will end on
(end-date) (Lease Term). In Contract
3.
LEASE PAYMENTS
: Lessee agrees to pay $ to Lessor as rent for the Equipment listed above (“Rent”).
4.
SECURITY DEPOSIT
: Prior to taking possession of the Equipment, Lessee shall deposit with Lessor, a security deposit of 100% of rental rate.
The security deposit will act as security for the performance by Lessee of the terms under this Agreement and for any damages caused by Lessee or Lessee’s agents to the Equipment during the Lease Term. Lessor may use part or all of the security deposit to repair any damage to Equipment caused by Lessee or Lessee’s agents. Lessor is not only limited to the security deposit if Lessee fails to perform under this agreement. Lessee remains liable for any balance. Lessee shall not apply or deduct any portion of any security deposit from the rent. If Lessee breaches any terms or conditions of this Agreement, Lessee shall forfeit the deposit, as permitted by law.
5.
DELIVERY
: Lessee shall or shall not be responsible for all delivery expenses and costs. This includes shipping the Equipment to Lessee’s premises at the beginning of the contract, and shipping the Equipment back to Lessor’s premises at the end of the contract.
6.
DEFAULTS
: If Lessee fails to perform or fulfill any obligation under this Agreement, Lessee shall be in default of this Agreement. Subject to any statute, ordinance or law to the contrary, Lessee shall have seven (7) days from the date of notice of default by Lessor to cure the default. In the event Lessee does not cure a default, Lessor may at Lessor’s option(a) cure such default and the cost of such action may be added to Lessee’s financial obligations under this Agreement; or(b) declare Lessee in default of the Agreement. In the event of default, Lessor may, as permitted by law, re-take possession of the Equipment.
7.
POSSESSION AND SURRENDER OF EQUIPMENT
: Lessee shall be entitled to possession of the Equipment on the first day of the Lease Term. At the end of the Lease Term, Lessee shall surrender the Equipment to Lessor by delivering the Equipment to Lessor or Lessor’s agent in good condition and working order.
8.
USE OF EQUIPMENT
: Lessee shall only use the Equipment in a careful and proper manner and will comply with all laws, rules, ordinances, statutes and orders regarding the use, maintenance of storage of the Equipment.
9.
CONDITION OF EQUIPMENT AND REPAIR
: Lessee or Lessee’s agent has inspected the Equipment and acknowledges that the Equipment is in good and acceptable condition.
10.
MAINTENANCE, DAMAGE, AND LOSS
: Lessee will, at Lessee's sole expense, keep and maintain the Equipment clean and in good working order and repair during the Lease Term. In the event the Equipment is lost or damaged beyond repair, Lessee shall pay to Lessor the replacement cost of the Equipment.
11.
INSURANCE
: Lessee shall be responsible to maintain insurance on the Equipment with losses payable to Lessor against fire, theft, collision, and other such risks as are appropriate and specified by Lessor. Upon request by Lessor, Lessee shall provide proof of such insurance.
12.
ENCUMBRANCES, TAXES AND OTHER LAWS
: Lessee shall keep the Equipment free and clear of any liens or other encumbrances, and shall not permit any act where Lessor’s title or rights may be negatively affected. Lessee shall be responsible for complying with and conforming to all laws and regulations relating to the possession, use or maintenance of the Equipment. Furthermore, Lessee shall promptly pay all taxes, fees, licenses and governmental charges, together with any penalties or interest thereon, relating to the possession, use or maintenance of the Equipment.
EQUIPMENT RENTALTERMS & CONDITIONS
Goldcoast Trailer & Equipment
13.
LESSORS REPRESENTATIONS
: Lessor represents and warrants that he/she has the right to lease the Equipment as provided in this Agreement and that Lessee shall be entitled to quietly hold and possess the Equipment, and Lessor will not interfere with that right as long as Lessee pays the Rent in a timely manner and performs all other obligations under this Agreement.
14.
OWNERSHIP
: The Equipment is and shall remain the exclusive property of Lessor.
15.
SEVERABILITY
: If any part or parts of this Agreement shall be held unenforceable for any reason, the remainder of this Agreement shall continue in full force and effect. If any provision of this Agreement is deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such provision would make the provision valid, then such provision shall be deemed to be construed as so limited.
16.
BINDING EFFECT
: The conditions contained in the Agreement shall apply to and bind the Parties and the heirs, legal representatives, successors and permitted assigns of the Parties.
17.
GOVERNING LAW
: This Agreement shall be governed by and construed in accordance with the laws of the State of Florida
.
18.
ENTIRE AGREEMENT
: This Agreement constitutes the entire agreement between the Parties and supersedes any prior understanding or representation of any kind preceding the date of this Agreement. There are no other promises, conditions, understandings or other agreements, whether oral or written, relating to the subject matter of this Agreement. This Agreement may be modified in writing and must be signed by both Lessor and Lessee.
19.
WAIVER
: The failure of either party to enforce any provisions of this Agreement shall not be deemed a waiver or limitation of that party's right to subsequently enforce and compel strict compliance with every provision of this Agreement. The acceptance of rent by Lessor does not waive Lessor’s right to enforce any provisions of this Agreement.
20.
INDEMNIFICATION
: Except for damages, claims or losses due to Lessor’s acts or negligence, Lessee, to the extent permitted by law, will indemnify and hold Lessor and Lessor’s property, free and harmless from any liability for losses, claims, injury to or death of any person, including Lessee, or for damage to property arising from Lessee using and possessing the Equipment or from the acts or omissions of any person or persons, including Lessee, using or possessing the Equipment with Lessee’s express or implied consent.
21.
Authorized Use Only: "Renter certifies all material was generated by Renter at [job address]. No third-party dumping permitted."
Prohibited Materials + Fee: List drywall, shingles, tires, hazmat, etc. if you don't take them, and state: "Prohibited load = $350 sorting fee + disposal at cost + $250 contamination fee."
Dumping Liability Shift: "Renter is responsible for securing trailer when not in use with provided lock. Renter assumes liability for any illegal material dumped by third parties during rental period."
Indemnification & Evidence: "Renter authorizes use of GPS and surveillance photos to verify load source. Renter agrees to pay for illegal dumping removal and to cooperate with law enforcement reporting under FS 403.413."
22.
ADDITIONAL TERMS & CONDITIONS
None
Detailed as follows:
