What to Know About a Contract for Equipment Rental Pasadena TX

by | Aug 21, 2015 | Industrial Goods and Services

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Performing a home project may entail the use of equipment such as an air compressor, dirt equipment, or electric tools. Since these tools can easily run into the thousands of dollars, it’s prudent to consider Equipment Rental Pasadena TX. This will allow the use of the equipment without having to buy it. Before renting equipment, it’s helpful to become familiar with the parts of a rental contract, including terms and conditions. Doing this will assist a renter in protecting his financial interests.

A rental contract should contain the full legal name and address of the renter and owner of the equipment. It should also clearly state the rental period. This is a unit of time such as an hour, day, week, month, or year. The rental period usually begins when the renter takes possession of the equipment and ends when the equipment is returned to the owner. Delivery and pick-up of the equipment is typically included in the rental period.

The rental rate should be on the rental contract. This rate should be stated in terms of the unit of time multiplied by the rental rate per unit of time. The total rental fees should also be in the contract. Late fees will usually be added when equipment is not returned on time. This can be a set rate or a percentage of the total rental fees. Some companies will charge a renter the usual rental fee for the equipment until it’s returned.

It’s extremely important to find out about repairs and maintenance. A renter will usually be required to repair the damage that occurs from his usage of the equipment. However, if damage occurs due to manufacturing processes, the owner will normally cover the cost of the repairs. A renter will typically be required to perform maintenance similar to the type done by the owner when the equipment is in the renter’s possession.

By learning about a contract for Equipment Rental Pasadena TX, a potential renter will know what to expect. A person can also make sure all aspects of equipment rental are addressed in the contract. For more information on Equipment Rental Pasadena TX, please click here to be directed to the website of Mainland Tools & Supply in Pasadena TX. This company offers many types of equipment rental for commercial, industrial, and residential uses.