Costume Rental Contract
COSTUME RENTAL CONTRACT
This Costume Rental Contract (“Contract”) is effective [Effective Date], by and between [Your Company Name], [Your Company Address], [Your Company Number] (hereinafter referred to as the "Owner"), and [Renter's Name], [Renter's Address] (hereinafter referred to as the "Renter").
I. TERMS
The owner shall rent the costume(s) to the Renter under the terms and conditions of this Contract, and the Renter shall accept such rental.
I.I Rental Agreement: Both parties agree to the terms outlined in this contract for the rental of costume(s), including duration, payment, and any additional provisions.
I.II Acceptance: The Renter acknowledges and agrees to abide by the terms and conditions outlined in this Contract upon accepting the rental of the costume(s).
I.III Conditions: The terms specify the condition of the costume(s) at the time of rental and the responsibility of the Renter to return them in the same condition, barring reasonable wear and tear.
I.IV Duration: The duration of the rental period is outlined in the terms, indicating the start and end date for which the costume(s) will be in the possession of the Renter.
I.V Liability: Both parties understand and accept their respective liabilities as outlined in the terms of the contract, including any damages or loss incurred during the rental period.
II. RENTAL PERIOD
II.I Rental Start Date
The rental period commences on the agreed-upon Rental Start Date, marking the initiation of the contractual agreement between the Renter and the Owner. It serves as the official commencement point for the utilization of the rented items.
II.II Rental End Date
The Rental End Date signifies the conclusion of the rental period, stipulating the deadline for the Renter to return the items to the Owner. Failure to return the rented items by this date may result in additional fees or penalties as outlined in the contract.
III. PAYMENT PERIOD
The rental fee is payable to the Owner by the Renter in the amount of [Rental Fee] due on or before [Due Date] along with a refundable deposit of [Deposit Amount].
IV. LIABILITY WAIVER
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The Renter accepts liability for damages or loss to rental items, while the Owner is not liable for any injuries or damages incurred from their use.
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The Renter assumes full responsibility for any damages incurred to the rented items throughout the rental duration, including but not limited to breakage or loss.
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The Owner absolves themselves from any liability about injuries or damages sustained by the Renter while utilizing the rented items, placing the onus solely on the Renter.
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By agreeing to the rental terms, the Renter acknowledges the inherent risks associated with using the rented items and accepts full responsibility for their safety and well-being during the rental period.
V. CARE AND MAINTENANCE
The Renter agrees to take utmost care of the rented costumes and return them in the same condition it was when rented, normal wear and tear excluded.
V.I Inspection: Upon receiving the costumes, the Renter should thoroughly inspect them for any pre-existing damages or defects and report them to the rental provider to avoid liability issues.
V.II Proper Handling: The Renter is responsible for handling the costumes with care, ensuring they are not subjected to excessive stress or misuse during the rental period.
V.III Storage: The Renter must store the costumes in a safe and dry environment when not in use, minimizing the risk of damage from moisture, pests, or other environmental factors.
V.IV Cleaning: The Renter should adhere to any cleaning instructions provided by the rental provider, ensuring that the costumes are returned in a clean and hygienic condition.
V.V Repairs: In the event of minor damages incurred during normal use, the Renter may be responsible for covering the cost of repairs as stipulated in the rental agreement, while major damages or loss may result in additional charges or penalties.
VI. ADDITIONAL TERMS
Failure to comply with any part of this Contract may result in penalties, including loss of deposit or additional fees.
VI.I PENALTY FEE
VI.I.I Loss of Deposit: Failure to comply with any aspect of this Contract may lead to the forfeiture of the initial deposit paid by the party in breach.
VI.I.II Additional Fees: In addition to the loss of deposit, non-compliance with any provision of this Contract may result in the imposition of additional fees as determined by the other party.
VI.I.III Legal Action: Persistent non-compliance or breach of this Contract may result in legal action being pursued by the aggrieved party, seeking damages and other remedies as provided for by law.
VI.I.IV Termination of Contract: In the event of severe or repeated breaches, the party in compliance reserves the right to terminate this Contract, thereby releasing both parties from their respective obligations, with potential further legal consequences for the breaching party.
VI.II Late Payment Fee:
In the event of late payment beyond the stipulated due date, a late payment fee will be imposed as outlined in the contract.
VI.III Overdue Equipment Return Fee:
Failure to return rented equipment by the agreed-upon date will result in an additional fee, calculated based on the duration of the delay.
VI.IV Damage or Loss Fee:
Any damage to the rented items beyond normal wear and tear or loss of equipment will incur an additional fee to cover repair or replacement costs.
VI.V Expedited Service Fee:
Requests for expedited services or last-minute changes may be subject to an additional fee to accommodate the accelerated timeline.
VI.VI Reservation Modification Fee:
Modifications to reservations, including changes in dates or equipment requirements, may result in an additional fee, depending on the nature and timing of the request.
VII. SIGNATURES
By placing their signatures at the designated area below this document, both the involved parties confirm that they have thoroughly read, completely understood, and fully agreed to abide by all the terms and conditions that are contained within the clauses of this Contract.
IN WITNESS WHEREOF, the undersigned have executed this Contract as of the date first written above.
[OWNER'S NAME]
[DATE SIGNED]
[RENTER'S NAME]
[DATE SIGNED]
