Accounting Rental Agreement
Accounting Rental Agreement
This Accounting Rental Agreement ("Agreement") is made and entered into as of [Month Day, Year], by and between [Your Company Name], with its principal place of business at [Your Company Address] ("Lessor"), and [Lessee Name], with its principal place of business at [Lessee Address] ("Lessee"). Collectively, Lessor and Lessee shall be referred to as the "Parties."
1. Rental Property
The Lessor agrees to lease to the Lessee the following property ("Rental Property"):
Description of the Rental Property
Accounting Software
-
Name: QuickBooks Online Premier
-
Version: 2054
-
Features: Includes financial reporting, inventory management, and payroll processing. Provides cloud-based access for up to 5 users.
Equipment
-
Name: HP LaserJet Pro MFP M428fdw
-
Model Number: M428fdw
-
Features: Multifunction printer with printing, scanning, copying, and faxing capabilities. Includes duplex printing and wireless connectivity.
Office Space
-
Location: 3rd Floor, Suite 305, 123 Business Park, City, State, ZIP
-
Size: 200 square feet
-
Features: Includes desk, ergonomic chair, filing cabinets, and access to shared meeting rooms and kitchen facilities.
Serial Number (if applicable)
-
Accounting Software: [License Key: 1234-5678-9101-1121]
-
Printer: [Serial Number: CN123456789]
2. Term
a. Commencement Date: The term of this Agreement shall commence on [Month Day, Year].
b. End Date: The Agreement shall continue until [Month Day, Year], unless terminated earlier by this Agreement.
c. Renewal: If applicable, the Agreement may be renewed by mutual written consent of the Parties. Terms of renewal will be specified in a renewal agreement.
3. Rental Payment
a. Amount: The Lessee agrees to pay the Lessor a rental fee of $[0] per [month] ("Rental Fee").
b. Payment Schedule: Rental payments are due on or before the [5th] of each [month].
c. Method of Payment: Payments shall be made to [Your Company Name] at [Your Company Address]. Acceptable methods of payment include [Payment Method: electronic transfer]. A late fee of $[0] may be assessed for payments received after the due date.
4. Security Deposit
a. Amount: Lessee shall pay a security deposit of $[0] ("Security Deposit") upon execution of this Agreement.
b. Purpose: The Security Deposit is intended to cover any damages to the Rental Property, unpaid rental fees, or other breaches of this Agreement.
c. Refund: The Security Deposit, less any deductions for damages or unpaid fees, will be returned to the Lessee within [0] days after the termination of this Agreement. Deductions will be itemized and documented.
5. Use of Rental Property
a. Permitted Use: The Rental Property shall be used exclusively for [accounting functions]. The Lessee shall not use the Rental Property for any other purpose without prior written consent from the Lessor.
b. Maintenance and Repairs:
-
Routine Maintenance: The Lessee is responsible for routine maintenance and keeping the Rental Property in good working order.
-
Repairs: Any repairs needed due to Lessee’s misuse, negligence, or unauthorized alterations shall be the responsibility of the Lessee. The Lessee must notify the Lessor promptly of any need for repairs.
6. Insurance
a. Lessee Insurance: The Lessee is required to obtain and maintain insurance coverage for the Rental Property against loss, damage, or theft during the term of this Agreement. Proof of insurance must be provided to the Lessor upon request.
b. Liability: The Lessor shall not be liable for any damage, loss, or injury arising from the use or possession of the Rental Property by the Lessee. The Lessee agrees to indemnify and hold the Lessor harmless from any claims related to the use of the Rental Property.
7. Termination
a. Termination by Lessor: The Lessor may terminate this Agreement if the Lessee fails to comply with any term or condition of this Agreement. The Lessor must provide [0] days’ written notice to the Lessee before termination.
b. Termination by Lessee: The Lessee may terminate this Agreement by providing [0] days’ written notice to the Lessor.
c. Return of Rental Property: Upon termination, the Lessee shall return the Rental Property to the Lessor in the same condition as received, except for normal wear and tear. The Lessor may inspect the Rental Property to determine if any damages occurred.
8. Indemnification
The Lessee agrees to indemnify, defend, and hold harmless the Lessor, its affiliates, employees, and agents from and against any claims, damages, liabilities, and expenses arising out of or in connection with the Lessee's use of the Rental Property, including but not limited to personal injury or property damage.
9. Governing Law
This Agreement shall be governed by, and construed following, the laws of the State of [State]. Any disputes arising under this Agreement shall be resolved in the courts of [County], [State].
10. Entire Agreement
This Agreement constitutes the entire agreement between the Parties regarding the subject matter hereof and supersedes all prior agreements, understandings, or representations, whether written or oral.
11. Amendments
No amendment or modification of this Agreement shall be effective unless made in writing and signed by both Parties.
12. Notices
All notices under this Agreement shall be in writing and delivered to the Parties at their respective addresses set forth above. Notices may be delivered by hand, mailed by certified mail, or sent via electronic mail (if specified).
IN WITNESS WHEREOF, the Parties hereto have executed this Accounting Rental Agreement as of the day and year first above written.
Lessor:
[Your Name]
[Title]
[Your Company Name]
Lessee:
[Lessee Name]
[Title]
[Lessee Company Name]
