Short-Term Car Rental Agreement
Short-Term Car Rental Agreement
I. Parties to the Agreement
This Short-Term Car Rental Agreement ("Agreement") is entered into between [Your Company Name], a reputable car rental company located at [Your Company Address], duly registered under the laws of [State], hereinafter referred to as the "Rental Company," and [Second Party], an individual residing at [Second Party Address], possessing a valid driver's license and entering into this Agreement for personal transportation purposes.
II. Rental Vehicle Details
The Rental Company agrees to rent to the Renter the following vehicle: a [Make, Model, Year] vehicle bearing license plate number [License Plate Number] and identified by VIN [VIN]. The vehicle is provided in clean and operable condition, with all necessary documentation and equipment present.
III. Rental Period
The rental period shall commence on [Start Date] at [Start Time] and terminate on [End Date] at [End Time]. The Renter agrees to return the vehicle promptly at the agreed-upon time. Late returns exceeding [00] hours may result in additional charges equivalent to $[00] per hour.
IV. Rental Fees and Charges
The Renter agrees to pay the Rental Company the following fees and charges: a base rental fee of $[00], plus applicable taxes, insurance premiums, and fees totaling approximately $[00]. A refundable security deposit of $[00] is required upon vehicle pickup, refundable within [00] days after the vehicle is returned in satisfactory condition.
V. Insurance and Liability
The Rental Company provides liability insurance coverage as required by law, including bodily injury and property damage coverage. Optional collision damage waiver (CDW) and comprehensive insurance are available to the Renter at an additional cost, providing coverage for damages to the rental vehicle in various scenarios, subject to policy terms and conditions.
VI. Driver Requirements
To rent and operate the vehicle, the Renter and any additional authorized drivers must be at least 21 years of age and possess a valid driver's license issued by their state or country of residence. Any additional drivers must be approved by the Rental Company and may incur an additional fee of $[00].
VII. Fuel Policy
The vehicle is rented with a full tank of fuel. The Renter agrees to return the vehicle with a full tank of fuel. If the vehicle is returned with less than a full tank, refueling charges will apply at a rate of $[00] per gallon to cover the cost of fuel and service.
VIII. Vehicle Use Restrictions
The Renter agrees not to use the vehicle for any unlawful purposes, including but not limited to transporting illegal substances or engaging in illegal activities. The vehicle shall be operated exclusively within [Geographic Area or Restrictions], as specified by the Rental Company, and may not be driven outside this designated area without prior written consent.
IX. Maintenance and Repairs
The Renter is responsible for maintaining the vehicle in good condition during the rental period, including regular oil changes and tire inspections. Any mechanical issues or damages must be reported promptly to the Rental Company, which will provide instructions for repairs or replacement as necessary.
X. Return of the Vehicle
Upon return, the Renter agrees to return the vehicle in the same condition as received, excluding normal wear and tear. The Rental Company will conduct a thorough inspection of the vehicle to assess any damages or excessive wear, which may result in additional charges if deemed beyond standard usage.
XI. Termination of Agreement
Either party may terminate this Agreement early with a minimum [00] days' notice in writing. Early termination fees may apply, equivalent to $[00]. The Rental Company reserves the right to terminate this Agreement immediately if the Renter breaches any terms or conditions outlined herein.
XII. Miscellaneous
This Agreement shall be governed by and construed in accordance with the laws of [State]. Any disputes arising out of or related to this Agreement shall be resolved exclusively in the courts of [Jurisdiction]. This Agreement constitutes the entire understanding between the parties regarding the subject matter hereof, superseding all prior agreements, whether written or oral, relating to such subject matter.
XIII. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Short-Term Car Rental Agreement as of the date first above written.
[Your Name]
[Your Company Name]
[Date]
[Representative's Name]
[Second Party]
[Date]