Party Supplies Rental Contract
PARTY SUPPLIES RENTAL CONTRACT
This Party Supplies Rental Contract (“Contract”) is entered into by and between [Your Name] (“Owner”), having its principal place of business at [Your Company Address], and [Client's Name] (“Renter”), residing at [Renter's Address], effective on [Effective Date].
1. RENTED ITEMS
1.1 Description: The rented items include but are not limited to tables, chairs, decorations, and other party supplies as agreed upon by both parties.
1.2 Condition: The Owner warrants that, at the commencement of the rental period, the rented items are in good condition and suitable for the Renter's event.
1.3 Use of the Items: The Renter shall use the rented items solely for the purpose of hosting the specified event. The Renter shall not use the items for any unlawful purposes.
1.4 Delivery and Return: The Owner agrees to deliver the rented items to the event location and retrieve them at the end of the rental period, unless otherwise agreed upon.
1.5 Alterations: The Renter shall not make any alterations or additions to the rented items without the prior written consent of the Owner.
2. RENT FEES AND TERMS
2.1 Rental Fees: The rental fee for the party supplies is [amount] dollars, payable on or before the event date.
2.2 Payment Terms: A deposit of [Deposit Amount] dollars is required to secure the rental items. The remaining balance is due on or before the event date.
2.3 Late Fees: Late payments will incur a late fee of [Late Fee Amount] dollars if not received by the due date.
2.4 Cancellation Policy: If the Renter cancels the rental agreement less than [Cancellation Notice Period] days before the event date, the deposit will be forfeited.
2.5 Acceptable Payment Methods: Payments can be made by cash, check, or electronic transfer.
3. SECURITY DEPOSIT
3.1 Deposit Amount: The Renter agrees to provide a security deposit equal to [Security Deposit Amount] dollars.
3.2 Deposit Return: The security deposit will be returned to the Renter, less any deductions for damages to the rented items, within [Number of Days] days of the end of the rental period.
3.3 Use of Security Deposit: The security deposit may not be used to pay rental fees unless specifically agreed upon by both parties in writing.
3.4 Deposit Receipt: The Owner shall provide the Renter with a written receipt for the security deposit.
4. LIABILITY
4.1 Damage Waiver: The Renter may opt to pay a damage waiver fee of [Damage Waiver Amount] dollars to limit liability for accidental damage to the rented items.
4.2 Insurance: The Renter is responsible for obtaining insurance for their event. The Owner is not responsible for any loss or damage to the Renter's property.
5. DEFAULT
5.1 Notice of Default: In the event of default by the Renter, the Owner shall provide written notice to the Renter specifying the nature of the default and providing a cure period of [Number of Days] days.
5.2 Right to Terminate: If the default is not cured within the cure period, the Owner may terminate this Contract and take possession of the rented items.
5.3 Removal of Items: Upon termination, the Owner has the right to remove and store any remaining rented items at the Renter's expense.
6. TERMINATION
6.1 Early Termination: If the Renter wishes to terminate this Contract before the event date, the Renter must give at least [Termination Notice Period] days' written notice and forfeit the deposit.
6.2 Notice of Event Cancellation: The Renter must provide written notice of event cancellation to the Owner as soon as possible.
6.3 Return of Items: The Renter must return all rented items to the Owner in the same condition as they were received, normal wear and tear excepted.
7. LEGAL COMPLIANCE
7.1 Compliance with Laws: The Renter agrees to comply with all applicable laws, ordinances, rules, and regulations regarding the use of the rented items.
7.2 Safety: The Renter agrees to use the rented items in a safe and responsible manner, ensuring that they are used only for their intended purpose.
7.3 Indemnification: The Renter agrees to indemnify and hold harmless the Owner from any claims, damages, or liabilities arising from the Renter's use of the rented items.
8. GOVERNING LAW
8.1 Jurisdiction: This Contract shall be governed by and construed in accordance with the laws of the State of [State]. Any legal action arising out of or relating to this Contract shall be brought in the courts of [County], [State].
8.2 Severability: If any provision of this Contract is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
8.3 Entire Agreement: This Contract constitutes the entire agreement between the parties regarding the rental of the party supplies and supersedes all prior agreements and understandings, whether written or oral.
This Contract is binding upon the parties, their heirs, executors, administrators, successors, and assigns.
IN WITNESS WHEREOF, the parties have executed this Party Supplies Rental Contract on the day and year first above written.
[Your Company Name]
[Your Name], Owner
[Date Signed]
[Client's Name], Renter
[Date Signed]
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