Equipment Hire Agreement Template

$425.00 inc. GST

This Equipment Hire Agreement Template has proven to be suitable for most Australian businesses hiring out equipment.

 

After recently opening my own company, I purchased a services agreement and other business starter documents from Business Kitz. These documents were all of a very high quality and easy to follow which made the beginning stages of my business very easy to manage. This allowed me to focus on growing my business rather than wasting valuable time on administrative compliance. I feel this is the best business decision I made at the beginning of my new company. I am very thankful for Business Kitz support. Michael Syna
5/5 average rating,
20+ Google Reviews

IMPORTANT NOTICE: While you are purchasing a very comprehensive Australian template, it is important to understand that the purchasing of this template is not considered legal advice. If you require legal advice and support utilising this template, or if you have other questions, you can book a free 15 minute consultation with a team member from our associated law firm Legal Kitz.

Description

Equipment Hire Agreements are essential when hiring out your equipment to a person or business. This template is comprehensive and covers lease terms, the length of hire, fees and deposits, use, warranties, repairs, loss and damage and more. This is an excellent template to use if you are hiring out or loaning equipment in Australia. Below is a detailed list of items covered in this Equipment Hire Agreement Template.

The Equipment Hire Agreement Template covers the following:

  1. Details Schedule
  2. Interpretation
  3. Lease
  4. Registration under the Personal Properties Securities Act 2009
  5. Term
  6. Rent and deposit
  7. Use
  8. No warranties
  9. Repairs
  10. Refunds
  11. Loss and damage
  12. Surrender
  13. Insurance
  14. Taxes
  15. Indemnity
  16. Default
  17. Insolvency
  18. Ownership
  19. Additional Documents
  20. Entire agreement
  21. Assignment
  22. Notices
  23. Counterparts
  24. Costs

Why does your business need an Equipment Hire Agreement?

From our experience, some of the main issues that occur when renting out equipment is how repairs, refunds, warranties and loss and damage is dealt with. Having an agreement in place, sets a standard for those hiring out your equipment (you can easily define ‘equipment’ in this template so your equipment may be anything from a lawn mower, truck to garments). This template includes general repair, loss and damage and warranties terms to aid in protecting your business, however, once you have received a copy of the template, you can complete the template and if you have any specific concerns, you can send the template to Legal Kitz for review and confirmation on any areas of concern.

It is also essential to clearly define how insurance is handled in specific situations when renting out equipment. You may wish to consider specifying an excess payment (similar to when you hire a car) so in the event of damage or injury, your business is covered for the time spend addressing any claims or your insurance excess payment is covered.

How it works

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Step Two

Complete

Receive your editable word document template instantly to your email address. Complete and follow our easy-to-use instructions.

Step Three

Implement

Implement your legal document template into your business. Need an Australian lawyer to assist you? Our highly professional team of lawyers at Legal Kitz is here to help you.

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