RENTAL AGREEMENT

April 6, 2022

RENTAL AGREEMENT

This Rental Agreement between __________________ (Owner) of _________________ (“ADDRESS”) and ___________________ (“Renter”) of _____________________ (“ADDRESS”) is entered on this ___________ day of __________ (“Effective Date”). Collectively known as the “Parties”. The Parties hereby agree as follows:

  • BOAT DETAILS

Boat Name: _______________

Boat Type: ________________

Model/Year: _________________

  1. BOAT AND EQUIPMENT STATUS

Renter certifies that he/she has examined the craft and equipment and finds it acceptable and suitable for the purpose for which it is rented. The Renter agrees that he/she will operate the craft following all safety rules and regulations as posted in the office or on the craft and further certifies that he/she has read and understands the said rules and regulations.

  1. TERM

The Rental period will start from _______________ and it will end on _____________. The scheduled date cannot be canceled and the payment made will not be refunded. 

  • EXTENSION

If the Renter wishes to extend, the Renter should contact the Owner to notify them that the rental period will be extended. If the Owner agrees, then the additional payment will be made after the extended rental period. 

  • PAYMENTS

The rental amount will be ____________

The total hours agreed by both parties are ____________

The payment will be made via _____________

  • SECURITY DEPOSIT

The Renter agrees to pay a security deposit of __________. This will be refunded when the rental period ended. This fee will be used to cover any damage to the boat, if there are any.

  • FUEL

Renter acknowledges that the fuel is included in the rental price, but Renter should make arrangements with Owner to refuel. If Renter elects to refuel the boat, any spills, waste of fuel, or damage will be Renter’s responsibility.

  • CANCELLATION

The reservation can be canceled if the Owner is notified ____ days before the rental period term. The reservation fee will be refunded as well. If it is less than ______ days prior, the reservation fee cannot be refunded even if the rental session was canceled. 

If the rental period were already paid in advance, it would be refunded provided that the Renter canceled two days before the rental period.

  • NUMBER OF PERSONS

The number of persons allowed in the boat is __________. The number listed in this section should be followed strictly.

  • DAMAGES

The Renter will be responsible for any damages, issues, or bad conditions done to the boat during the rental period. The repair or replacement fees will be charged on the Renter’s credit card.

  • LIFE JACKETS

If a person is under 13, it must wear a life jacket while on the boat. If outside the boat (swimming), all individuals should wear a life jacket. 

  • RISKS

The Renter agrees and acknowledges the risks of driving a boat in the water. The water flow might change, tides, winds, or waves and other risk factors. 

  • INSURANCE

The Owner is responsible for purchasing and maintaining appropriate insurance for the boat. If requested by the Renter, the certificate of insurance can be viewed.

The Renter’s personal properties are not covered in the Owner’s insurance against loss, theft, and negligence.

 

  • WAIVER RELEASE

The Renter is required to sign a waiver before taking this boat.

  • INDEMINIFICATION

The Renter indemnifies the Owner free and harmless against any liabilities like accidents, loss of property, injury, or death of any person.

  • GOVERNING LAW

This Agreement shall be governed under the laws of the State of Texas.

 

The undersigned now agrees that both the Owner and the Renter read this Boat Rental Agreement and acknowledge it.

 

Owner Signature Renter Signature

 

_______________________ _________________________

 

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