Theft by renter Sample Clauses
The 'Theft by renter' clause defines the responsibilities and consequences if a renter steals or intentionally takes property belonging to the owner during the rental period. Typically, this clause outlines that the renter will be held liable for the value of any stolen items and may face legal action or immediate termination of the rental agreement. Its core function is to deter theft by establishing clear penalties and to protect the property owner from losses caused by dishonest renters.
Theft by renter. If the renter has not returned the vehicle to the owner within 30 days of the agreed return date and the whereabouts of the vehicle are unknown, it will be replaced in accordance with section 5.3.1