Vehicle hire agreement is an agreement which is signed when a party or a person wishes to hire a vehicle from another party or person in return for a payment and for a fixed period of time. This agreement is based upon certain clauses and recitals which are legally enforceable by law.
Sample vehicle hire agreement:
This agreement has been made effective as on 10th July 2011
This agreement has been made by and between Mr. Jack Densil who is hereby referred to as the OWNER of the vehicle and Mr Robert John who is hereby referred to as the HIRER of the vehicle.
The details of the parties are given as follows:
Address: F-34, first floor, Mainland square, New Jersey
Contact number: 47309473055
Address: 4-o, Fred Street, New jersey
Contact number: 489034805053
The details of the vehicle up for hire are given as follows:
Name: Fiat Detor
Model number: 34/n
Colour: Blue colour
This vehicle is 5 years old and is in proper working condition.
Total cost of hire: $14000
Duration of agreement: 2 months
Termination date: 10th Sep 2011
Terms and conditions:
The hirer must keep the vehicle in proper condition and shape and will be charged for any dents or scratches.
The vehicle must be returned to the address of the owner after termination of agreement date.
The hirer cannot sub hire the agreement to any other party or person.
The vehicle cannot be taken outside New Jersey.
Hereby the parties agree to the terms of the agreement: