RENTAL AGREEMENT

RENTAL AGREEMENT

This Rental Agreement between ______ (Company) 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:

  1. BOAT DETAILS
    Name: ___
    Type: ____
    Model/Year: _____
  2. 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.
  3. SUBMISSIONS
    Boat owners must submit a valid photo ID and proof of insurance to BoatSwapp.
    All renters must submit a valid photo ID and proof of boating license to BoatSwapp
    when renting motorized water craft.
  4. TERM
    The Rental period will start from _ and it will end on _______. All
    rentals take place from dusk to dawn. The scheduled date cannot be canceled and the
    payment made will not be refunded. 
  5. EXTENSION
    If the Renter wishes to extend, the Renter should contact the Company to notify them
    that the rental period will be extended. If the Company agrees, then the additional
    payment will be made after the extended rental period. 
  6. PAYMENTS

The rental amount will be _
The total hours agreed by both parties are _
The payment will be made via _

  1. 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.
  2. FUEL
    Renter acknowledges that the fuel is included in the rental price, but Renter should
    make arrangements with Company to refuel. If Renter elects to refuel the boat, any
    spills, waste of fuel, or damage will be Renter’s responsibility.
  3. CANCELLATION
    The reservation can be canceled if the Company 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.
  4. NUMBER OF PERSONS
    The number of persons allowed in the boat is __. The number listed in this
    section should be followed strictly.
  5. 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.
  6. AGE RESTRICTIONS
    If a person is age 18 he/she can rent non-motorized personal water craft and if a
    person is age 21 and above, he/she can rent all motorized personal water crafts.
  7. 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. Therefore, all
watercrafts must stay in the same body they were launched in and returned to the
launch point at the end of the rental.

  1. INSURANCE
    The Owner is responsible for purchasing and maintaining appropriate insurance for the
    boat/jet ski. 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.
  2. RESTRICTIONS
    Alcohol is prohibited while on board.
    Smoking is also prohibited.
  3. WAIVER RELEASE
    The Renter is required to sign a waiver before taking this boat.
  4. INDEMINIFICATION
    The Renter indemnifies the Company free and harmless against any liabilities like
    accidents, loss of property, injury, or death of any person and legal fees.
  5. GOVERNING LAW
    This Agreement shall be governed under the laws of the State of __–.

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

Company Signature Renter Signature

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