Equipment Rental Agreement
This Equipment Rental Agreement is made between [Renter name] (the "Renter") and [Owner name] (the "Owner") as of the date of the last signature below.
1. Equipment and period
The Owner rents to the Renter: [describe the equipment and serial numbers], from [date and time] to [date and time].
2. Price and deposit
The rental price is [amount] per [day / week]. A deposit of [amount] is held against damage and late return and is returned within [7] days of return in good condition.
3. Use and return
The Renter will use the equipment carefully, for its intended purpose, and will not lend it to anyone else. The Renter is responsible for loss or damage beyond normal wear, up to the replacement value, and for late return at the daily rate.
4. Condition
The item is provided "as is". The Owner makes no promises about its condition or fitness for any purpose beyond what is written here, and the Renter has had the chance to inspect it.
5. General
This agreement is governed by the laws of [state]. It is the entire agreement between the parties on its subject and may be changed only in writing signed by both. It may be signed electronically and in counterparts.