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Vehicle Rental Agreement Template
What Is a Vehicle Rental Agreement?
A Vehicle Rental Agreement is a legal document signed by a car owner and an individual who wants to use this vehicle temporarily for a fee. When you rent a car, you get its keys and full access to a vehicle for a negotiated period of time. Free yourself from unexpected hassle down the road - a properly drafted contract will allow you to place restrictions on mileage, the country of use, and certain users.
Alternate Name:
- Vehicle Rental Contract.
Vehicle Rental Agreements must not be confused with Vehicle Lease Agreements. In both cases, you have to pay for access to a vehicle owned by someone else, but there are some differences. A lease means a longer-term commitment, while you rent a vehicle for less than twelve months. At the end of the lease, the lessor may offer the lessee the option to purchase the car which is less common with short-term rentals.
If you need to compose a Vehicle Rental Agreement template, you may download one below or create a more personalized document with the help of our online form builder.
What Does a Vehicle Rental Agreement Look Like?
A Car Rental Agreement usually contains the following information:
- The names and contact details of the parties involved.
- A description of the rented vehicle. Add its model, make, year, color, vehicle identification number, etc. If the car already has dents or scratches, the owner must disclose the existing damage.
- The duration of the agreement. Write down the start and end dates of the rental.
- The scope of use. This clause lets you place limitations on the vehicle user and the location of use.
- Rental fees and the responsibilities of the parties. The vehicle operator must deal with day-to-day maintenance, while repairs and preventative maintenance are the responsibility of the car owner. When you enter into an agreement to rent a vehicle, you take responsibility for the use of the vehicle and assume liability for third-party injuries or damage that may occur as a result of your driving.
- An odometer disclosure statement. The vehicle owner must disclose the current mileage of the car at the time of signing the papers.
- Fuel details. Usually, you rent a car with a full tank, and you have to return it full.
- Insurance details. Consider adding a provision to deal with possible measures for violations, accidents, and theft.
- A clause that will regulate termination and cancellation.
- The signatures of the parties or their legal representatives.
Related Templates and Contracts:
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