You may be going out for outing with your friends and want to rent a motor cycle for the trip. There are numerous Motor Cycle renting companies, who would be willing to rent out the Motorcycle in exchange of the monetary consideration, known as rent.
But it is necessary to understand that, renting a Motor Cycle needs signing of Motor Cycle & Scooter Rental Agreement. The reason for such Agreement lies on the following important points:
Once the parties agree to these points, they can enter into Motorcycle & Scooter Rental Agreements.
The basic Feature of Motor cycle Agreement includes following points:
The signing of the Agreement by both Renter and owner, stipulates protection of each party’s rights and limitation of liabilities. The Contract also terms in the contract also binds them to work under the provisions of the Agreement.
You can also download and print below given Motorcycle Rental Agreement for your own requirements:
Motorcycle Rental Agreement
This Agreement is made and entered in this ____________day of __________ 20____ between _________________hereinafter called "Owner", and______________ hereinafter called "Renter".
Vehicle
The vehicle which the Owner hereby agrees to rent is:
_______________________________________
_______________________________________
Mileage at beginning of rental period:____________
The Owner represents that to the best of his knowledge and belief that said vehicle is in sound and safe condition and fee of any known faults or defects which would affect its safe operation under normal use.
Rental Period
The Owner agrees to rent the above described vehicle to the Renter for a period of ____________________beginning at _______________M. on ____________
and ending at ___________________M. on_______________.
The Renter agrees (a) that the rented vehicle shall not be used to carry passengers or property for hire; (b) that the rented vehicle shall not be used to carry passengers; (c) not to use the vehicle to push, propel or tow another vehicle, trailer or any other thing without the written permission of the owner; (d) not to use the vehicle for any race or competition; (e) not to use the vehicle for any illegal purpose; (f) not to operate the vehicle in a negligent manner; (g) not to permit the vehicle to be operated by any other person without the written permission of the owner.
Insurance
The Renter hereby agrees that he shall fully indemnify the Owner for any and all loss of or damage to the vehicle or equipment during the term of this Agreement whether caused by collision, fire, flood, vandalism, theft or any other cause, except that which shall be determined to be caused by a fault or defect of the vehicle or equipment.
Rental Rate
The Renter hereby agrees to pay the Owner at a rate of_______________ per___________for the use of said vehicle.All fuel used shall be paid for by the Renter.
Deposit
The Renter further agrees to make a deposit of $ _______________ 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 Agreement, to defray fully or partially the cost of necessary repairs or replacement. In the absence of damage or loss, said deposit shall be credited toward payment of the rental fee and any excess shall be returned to the Renter.
Return of Vehicle to Owner
The Renter hereby agrees to return said vehicle to the Owner at _______________ no later than _______________
JURISDICTION:
The parties consent to the jurisdiction of the magistrate’s (other____________)court for the district of_________________
IN WITNESS WHEREOF, the parties hereto hereby execute this Agreement on the date first above written.
Signed at____________________on this______day of________________20____
OWNER: _________________________
RENTER: ________________________
Witness: __________________________
Witness: __________________________
* Also see Vehicle Rental Agreement