Liability Waiver

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Prepared for	Prepared by
[Recipient Name] [Company Name]	[Sender Name] [Company Name]

Boat

Rental
Agreement

Template

Boat Rental Agreement Template

1. Introduction 

This Boat Rental Agreement (“Agreement”) is entered into between [Boat Owner’s Name], hereinafter referred to as the “Owner,” and [Renter’s Name], hereinafter referred to as the “Renter.” The Owner agrees to rent the specified boat to the Renter, and the Renter agrees to abide by all the terms and conditions set forth in this Agreement.

The primary purpose of this Agreement is to facilitate the rental of the boat described herein, to ensure the understanding of responsibilities, terms, and conditions by both parties, and to safeguard the interests and property of the Owner.

Both parties agree that the boat will be rented out for [purpose of rental, e.g., leisure, fishing, etc.] during the rental period specified in Section 4 of this Agreement.

By signing this Agreement, both parties acknowledge that they have read, understood, and agreed to all terms and conditions outlined in this document.

2. Description of the Boat and Equipment

This section outlines the specific details about the boat and any accompanying equipment that is being rented.

• Boat Type: [Specify type of boat, e.g., motorboat, sailboat]
• Make and Model: [Specify make and model of the boat]
• Year: [Specify year of the boat]
• Boat Registration Number: [Specify the registration number]
• Equipment Included: [List any additional equipment included in the rental, e.g., life jackets, fishing gear, etc.]

The Owner confirms that the boat and all equipment listed are in good working condition and agrees to provide all necessary instruction and safety guidelines to the Renter for proper operation.

The Renter agrees to use the boat and any accompanying equipment responsibly and in accordance with all operating guidelines and safety instructions provided by the Owner or as required by law.

3. Rental Period

3.1 This section specifies the rental period during which the Renter is authorized to use the boat and any accompanying equipment.

• Start Date: [Specify the start date of the rental period]
• End Date: [Specify the end date of the rental period]
• Pick-up Time: [Specify the time the Renter can pick up the boat]
• Return Time: [Specify the time by which the Renter must return the boat]

3.2 The Renter agrees to return the boat and any accompanying equipment in the same condition as received, no later than the Return Time and Date specified. Failure to do so will result in additional charges as outlined in the “Pricing and Payment Terms” section of this agreement.

3.3 The Owner reserves the right to recall the boat immediately in cases of extreme weather or if the Renter is found to have violated any terms of this agreement.

4. Pricing and Payment Terms

4.1 This section outlines the pricing details and payment terms agreed upon by both parties.

• Rental Fee: [Specify the rental fee for the boat]
• Deposit: [Specify if a deposit is required and its amount]
• Additional Costs: [Specify any additional costs, such as fuel, maintenance, etc.]
• Payment Method: [Specify accepted payment methods, e.g., credit card, cash]
• Payment Schedule: [Specify the schedule for payments, e.g., 50% upfront, 50% upon return]

4.2 Failure to meet the payment schedule or to return the boat in the condition agreed upon may result in extra charges or the forfeiture of the deposit.

4.3 Cancellation Policy: [Outline what happens if the Renter or Owner cancels the reservation. Include any penalties or refund policies.]

5. Safety and Regulations 

• Life Jackets: Renters must wear life jackets at all times while on the boat.
• Operator Qualifications: The person operating the boat must have valid credentials or demonstrate sufficient experience.
• Alcohol and Drugs: No alcohol or drugs are allowed on the boat.
• Navigation Zones: Renters are only permitted to navigate within the areas defined by the Owner.
• Emergency Procedures: Outline steps to follow in case of an emergency, including contact information.

5.1 Failure to adhere to these safety and regulation guidelines may result in immediate termination of the rental agreement without refund.

[This concludes Section 5, which aims to ensure the safety of all parties involved. This section should be tailored to fit the specific rules and regulations that apply to your boat rental service]

6. Termination and Penalties

6.1 This section outlines the terms under which the agreement may be terminated and any penalties that may be incurred by the Renter for breach of agreement.

6.2 Termination by Owner: The Owner reserves the right to terminate the agreement if the Renter violates any of the terms, especially those related to safety and payment.

6.3 Termination by Renter: The Renter may terminate the agreement given proper notice as outlined earlier in the agreement. Any refunds will be as per the “Payment & Refund Policy” section.

6.4 Late Returns: If the Renter fails to return the boat at the agreed-upon time, additional fees may be charged.

6.5 Damage Penalties: Should the boat be returned damaged, the Renter is responsible for all costs related to repairs or replacement, up to the limit of the security deposit.

6.6 Legal Actions: The Owner reserves the right to take legal action against the Renter for any breaches, which may include damages, legal fees, and court costs.

7. Liability and Indemnification

7.1 Liability: The Owner shall not be held liable for any personal injuries, property damages, or any other liabilities that may occur during the rental period.

7.2 Indemnification: The Renter agrees to indemnify and hold the Owner harmless from all claims, losses, expenses, fees including attorney fees, costs, and judgments that may be asserted against the Owner that result from the acts or omissions of the Renter, Renter’s guests, and Renter’s invitees, during the rental period.

7.3 Insurance: The Renter is advised to have adequate personal and property insurance to cover any potential losses or damages during the rental period.

7.4 Waiver of Liability: By signing this agreement, the Renter acknowledges that boating carries inherent risks, and agrees to waive any claims against the Owner and indemnify the Owner for any liabilities arising from the rental, except as expressly stated in this Agreement.

8. Governing Law and Jurisdiction

8.1 Governing Law: This Agreement shall be governed by, and construed in accordance with the laws of the State of [Your State].

8.2 Jurisdiction: Any legal proceedings related to this agreement will take place in courts located within the State of [Your State], unless otherwise mutually agreed upon.

8.3 Severability: If any part of this Agreement is deemed to be unenforceable or illegal, such parts will be severed from this Agreement, and the remainder of the Agreement will remain in full force and effect.

8.4 Entire Agreement: This Agreement constitutes the entire understanding between the parties and supersedes all prior oral agreements or understandings between the parties relating to the Boat.

8.5 Amendments: Amendments to this Agreement must be in writing and signed by both parties.

To accept this agreement, please sign below:

Signature:        Signature:

Date:         Date:

[NAME OF COMPANY]                 [NAME OF RENTER]