Contract Templates > Equipment Rental Agreement
Equipment Rental Agreement
If you rent equipment, then you can definitely benefit from our free equipment rental agreement that helps you lock down the important terms of the rental and helps protect both parties involved in the rental transaction. Fill, deliver, and have both parties sign with built-in eSignatures.
Companies and private individuals alike benefit from renting equipment versus buying it. While cost-savings are closely related, there are other advantages to the renter, as well.
The most common types of industries that utilize equipment use contracts are construction companies, automotive providers, entertainment, party suppliers, and more. The demand to procure, finance, and maintain particular equipment items proves to be a significant capital investment that is more than what most companies can bear.
When creating your own equipment rental agreement terms and conditions, a general rental contract should include the relevant components to protect your business and your equipment from liability.
Consider adding the following elements to your free equipment rental form template:
- A detailed description and condition of the equipment being rented
- The length and terms under which it is available
- How much it costs to rent the equipment and associated services
- What to do in case of termination
- The limits imposed upon the equipment used
- What insurance requirements must be met
- How the equipment will be transported and installed
- Maintenance you provide
- Maintenance the customer should provide
- Your guarantees of service
- How to handle disputes specific to your state
- A section discussing opportunities for an equipment lease agreement with option to purchase
There are multiple free equipment rental agreement form or free equipment rental agreement PDF options available online. Doing your homework first ensures a smoother transaction.
Contacts govern themselves under federal law, but they also must conform with your state’s requirements. Therefore, you should look for state-specific examples of equipment lease agreements. For example, if you live in California, utilize an equipment lease agreement in California document.
In this short guide, the Proposable team helps you understand the different types of equipment rental agreements available and how you can find them for a better customer experience while protecting your company.
Party Equipment Rental Contract Template
Other types of rental equipment businesses provide the necessary equipment that party-goers love. From birthday parties to after-hours nightlife, there are several types of parties that may want to rent seating, fog machines, DJ booths, photo booths, lighting, and other elements that make a party shine.
Protect yourself and satisfy your customers by having a simple party equipment rental contract template in place. You can address specific needs by having a party rental invoice template or a table and chairs rental agreement form on-hand.
Film Equipment Rental Agreement
Independent filmmakers and other outfits do not have the capital resources necessary to create a full-scale product. These types of businesses tend to turn to a rental equipment company for things like lighting, camera equipment, sound equipment, editing equipment, and much more.
The cost-savings for them compared to potential revenue is significant. Therefore, you will want to guarantee that your film equipment rental agreement includes the camera rental terms and conditions to meet the buyers’ requirements while securing the integrity of the equipment you are renting out to them. It is a standard business practice, so be prepared.
Simple Equipment Rental Agreement Doc
We want to conclude by reminding you to keep it simple during the contract process. Plain language is more straightforward for people to understand, which leads to fewer disagreements down the road.
A simple equipment rental agreement doc or simple rental agreement PDF is the best way to accomplish this goal. You can find a simple equipment rental agreement template Word document online. However, you may find that they lack the functionality you need.