RENTAL AGREEMENT
This Rental Agreement (the "Agreement") is entered into on this date, between ProSound Rentals , hereinafter referred to as the "Lender," and You, hereinafter referred to as the "Renter."
1. PROPERTY
The Lender agrees to rent the following property selected to the Renter. Except stated otherwise, the Renter is reponsible for collection and drop-of of the rented property within the agreed timeframe.
2. TERMS OF USE
The Renter agrees to use the rented property only for its intended purpose and in a careful and proper manner. The Renter shall not sublease, lend, or otherwise transfer the property to any third party without the written consent of the Lender.. Maximum rental term is 6 months.
3. SECURITY DEPOSIT
A security deposit shall be paid by the Renter to the Lender before taking possession of the property. This deposit will be refunded within 1-3 Days after the end of the rental period, less any deductions for damages, late returns or unpaid fees.
4. DAMAGE AND THEFT
The Renter is responsible for any damage to the property that occurs during the rental period, excluding normal wear and tear. The Renter agrees to immediately notify the Lender of any damage or theft and will be held liable for the repair or replacement costs.
5. INSPECTION
The Lender has the right to inspect the property at reasonable times during the rental period to ensure proper use and maintenance. The Renter will cooperate with such inspections.
6. INSURANCE
The Renter is encouraged to obtain insurance coverage to protect against damage, loss, or theft of the rented property. The Lender is not responsible for any damage, loss, or theft of the property.
7. TERMINATION
The Lender may terminate this Agreement at any time if the Renter breaches any terms or conditions. Upon termination, the Renter agrees to return the property immediately.
8. GOVERNING LAW
This Agreement shall be governed by the laws of the United Kingdom. Any disputes arising under or in connection with this Agreement shall be resolved through arbitration or the appropriate legal process in the English courts.
9. ENTIRE AGREEMENT
This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether written or oral.
IN WITNESS WHEREOF, the parties have executed this Rental Agreement as of the date first above written.
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