Sample lease agreement

RENTAL AGREEMENT

Contract no.____ ____._______.____, in Tallinn

 

1. PARTIES:

LESSOR		TENANT
Company:	Militarist OÜ	Name:
Reg. code:	16459156	Personal code:
Address:	Tallinn, Tapri 5, 11415	ID doc. no.:
Representative:		Residence:
Telephone:	+372 56250590	Telephone:
e-mail:	pood@militarist.ee	e-mail:
AA:	EE617700771007685249

 

2. SUBJECT OF THE RENTAL AGREEMENT

With the rental agreement, the lessor hands over to the lessee: _______________________________________ ____________________________________________________________________________________________________________________________________________________________________ (hereinafter referred to item) .

 

3. PERIOD OF USE AND METHOD OF DELIVERY AND RETURN OF ITEM

3.1. The lessor hands over the item to the lessee for use at the latest

 

____._______.____y. at ____:____ at the location ____________________________________________;

3.2. The lessee returns the item to the lessor at the latest

 

____._______.____y. at ____:____ at the location ____________________________________________.

3.2. The rental item is handed over to the lessee only after payment according to p.4.

 

4. RENT AMOUNT AND PAYMENT METHOD

The lessor will pay for the period of use in the amount of _______________________( ________) euros in total by the agreement of both parties based on the rental invoice submitted, by the date indicated on the invoice. If the payment is not received by the deadline, the lessor has the right to demand 0.05% of the delay per day.

 

5. OBLIGATIONS AND RIGHTS OF THE LESSEE

5.1. The lessee has the right to inspect the leased item at the time of handover and, if necessary, to fix defects and damages of the item with the lessor in point 7 of this agreement before putting it into use;

5.2. The lessee has the obligation to use the item for its intended purpose and in a prudent manner;

5.3. The lessee does not have the right to sublease the leased item without written agreement from the lessor;

5.4. The lessee has the obligation to compensate the lessor for the damage caused, if the lessor's property has been damaged or destroyed due to the lessee during the use of the item. The amount of compensation for damage is the amount required to restore the item to an equivalent level;

5.5. The renter is obliged to ensure that the item does not fall into the hands of a third party (theft, vandalism);

5.6. The lessee is obliged to inform the lessor immediately if the item has been damaged, destroyed or stolen;

 

6. LESSOR'S OBLIGATIONS AND RIGHTS

6.1. The lessor has the obligation to hand over the object to the lessee in a condition that allows the use of the object according to the contract;

6.2. The lessor is obliged to record the item's defects and damages in Clause 7 of this contract at the time of renting and returning the item;

6.3. The lessor has the right to demand the immediate return of the rented item by the lessee if it is used for non-intended purposes.

 

7. DEFECTS AND UNTIMELY RETURNS

7.1. At the time of rental, the following damages/deficiencies have been detected on the item:

7.2. When returning the object of the rental contract, the following damages/defects have been detected on the object:

______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

7.3. In case of late return of the item, the renter undertakes to pay double the rental day's fee for each day of delay in return.

7.4. If the product is damaged or destroyed, the lessor must be notified immediately and the use of the product must be stopped. In the case of damage caused by natural wear and tear, the lessor will return the rental amount if the product cannot be used further without increasing damage.

7.5. In case of loss, theft, destruction and significant damage of the item, the renter must pay the new purchase price of the rental item.

7.6. If the return of the item is delayed for more than 5 days without an agreement, the lessor considers that the lessee has appropriated the item and makes a corresponding report to the police.

 

8. Deposit

When concluding the contract, a deposit of ____________________ (________) euros was paid, which will be refunded if the item is returned and there is no damage.

 

9. ENDING THE CONTRACT

9.1. The contract ends when the item is returned, if the lessor and the lessee have inspected the item together and there are no claims regarding its condition;

9.2 . If during the handing over of the item, defects that have arisen during use are detected, they will be fixed in writing, where compensation for the caused defects will also be agreed upon;

9.3. The lessee has the right to terminate the contract early if, at the moment of putting it into use, it becomes clear that the rented item cannot be used for its intended purpose due to its condition (hidden defect), but only if the lessee has immediately informed the lessor of the defect and the lessor has not within a reasonable time eliminated the deficiency;

9.4. Disputes related to the performance of the contract are primarily resolved through negotiations. In case of failure to reach an agreement, the disputes will be resolved according to the procedure prescribed by the legislation in force in the Republic of Estonia.

 

Lessor: Lessee:

 

 

__________________________ __________________________