RENTAL AGREMMENT FOR VECHILE

RENTAL AGREMMENT FOR VECHILE

This Rental Agreement made on


(Mr./Ms./Sri./Smt.) (AADHAAR No. ) (PAN No. ) aged years (S/o/D/o/W/o) residing at Door No./Flat No., (Village/Muncipality) , Mandal, Dist., State, hereinafter called “the Vehicle Owner of Vehicle No. (which expression shall, unless it be repugnant to the context or meaning thereof, include their respective heirs, executors, administration and assigns) of the ONE PART

In favour of

(Mr./Ms./Sri./Smt.) (AADHAAR No. ) (PAN No. ) aged years (S/o/D/o/W/o) residing at Door No./Flat No., (Village/Muncipality) , Mandal, Dist., State, hereinafter called “the Renter ” The parties choose the above stated addresses as their physical addresses at which legal proceedings may be instituted.




Signature of the owner Signature of the Renter

THE OBJECT OF THE RENTAL IS:

Type of Vehicle :
Make and Color :
Model :
Year :
Registration Number :


CONDITION OF VEHICLE:

The Owner states that to the best of his knowledge and belief that above-described vehicle is in sound and safe condition and free of any known defects or faults which would affect its safe operation under normal use.

QUALIFICATIONS:

The Renter states that (he/she) is physically and legally qualified to operate the above-described vehicle.

RENTAL PERIOD:

The Owner agrees to rent the above-described vehicle to the Renter for the following period:
Starting Date: Time: (a.m./p.m.)
Ending Date: Time: (a.m./p.m.)

RENTAL RATE:

The Renter hereby agrees to pay the owner at the rate of per (day/month/year) .
All fuel used shall be paid for by the Renter.

EXCLUSIONS:

  1. The rented vehicle shall not be used to push, propel or to another vehicle, trailer or any other thing without the written permission of the Owner.
  2. The rented vehicle shall not be used for any race or in any competition.
  3. The rented vehicle shall not be used for any illegal purpose.
  4. The Renter shall not operate the vehicle in a negligent manner.
  5. The rented vehicle shall not be operated by any other person other than the Renter stipulated above without the written permission of the Owner. If Renter allows any other driver under the age of years old to drive the rented vehicle, the Renter will be fully responsible for all expenses relating to the rental car and any other Vehicle involve in any type of accident.

INSURANCE:

The Renter agrees that only the vehicle is covered under insurance and the driver or passengers are not covered. The Renter also agrees that personal belongings and other items left in the vehicle at any time are not covered.




Signature of the owner Signature of the Renter


DEPOSIT:

  1. The Renter further agrees to make a deposit of Rs. (Rupees ) with the Owner, said deposit to be used, in the event of loss of or damage to the vehicle or equipment during the term of this Car Rental Agreement, to defray fully or partially the cost of necessary repairs or replacement.
  2. In the absence of damage or loss, said deposit shall be credited toward payment of the Rental Rate and any excess shall be returned to the Renter.

RETURN OF VEHICLE:

The Renter hereby agrees to return the above-described vehicle to the pick up location later than




Signature of the owner Signature of the Renter



Signature of the witness:



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