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Equipment hire agreement template australiaMay 7th, 2021
If your business hires out equipment to customers, you should have an Equipment Hire Agreement (Agreement). This Agreement clearly and accurately sets out the obligations, terms and conditions regarding the rental of equipment. Put simply, it contains everything a customer (hirer) needs to know about the equipment they rent. Is it a legal requirement to have an Equipment Hire Agreement? An equipment hire agreement is not legally required, however it is certainly encouraged from a legal perspective. This Agreement creates a formal contract between your business and the hirer. It enforces some key protections and limitations. Signed by both parties, the document comprehensively outlines the respective roles and responsibilities. Customers should read and sign the Agreement prior to or at the commencement of the rental of equipment. The Agreement can be conveniently attached to an invoice for example. Update your Agreement accordingly to accurately reflect your business’ current rental pr
