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Pco Agreement PDF

The Car Rental Agreement outlines the terms and conditions for renting a vehicle between the Lessor and Lessee, including vehicle description, rental period, driver criteria, and vehicle usage responsibilities. A security deposit is required, and penalties for non-compliance may include forfeiture of the deposit and termination of the agreement. All parties must sign the agreement in the presence of a witness for it to be valid.

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0% found this document useful (0 votes)
78 views1 page

Pco Agreement PDF

The Car Rental Agreement outlines the terms and conditions for renting a vehicle between the Lessor and Lessee, including vehicle description, rental period, driver criteria, and vehicle usage responsibilities. A security deposit is required, and penalties for non-compliance may include forfeiture of the deposit and termination of the agreement. All parties must sign the agreement in the presence of a witness for it to be valid.

Uploaded by

ignoranceapplied
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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**Car Rental Agreement**

This Car Rental Agreement is entered into on [____/____/______] between [ABDUGADIR ROOBLE

AND ‘______________________________’].

**Terms and Conditions:**

1. **Vehicle Description:** The Lessor agrees to rent the following vehicle to the Lessee: - Make:
________________ - ____________
- Model: ____________
- Year:________
- License Plate Number: _______________
2. **Rental Period:** The rental period shall commence on [____/____/______] and terminate
on [____/____/______], unless otherwise extended by mutual agreement in writing.
3. **Driver Criteria:**
- The Lessee must be at least 18 years of age.
- The Lessee must possess a valid driver's license with a minimum of one year of driving
experience.
- The Lessee must provide proof of address.
- The Lessee must comply with all local laws and regulations related to driving.
4. **Vehicle Usage:** The Lessee agrees to the following terms regarding the use of the rented
vehicle:
- The Lessee shall drive the vehicle responsibly and within the legal speed limits.
- The Lessee shall not smoke or engage in any illegal activities inside the vehicle.
- The Lessee shall not park illegally or accrue any parking tickets or traffic violations during
the rental period.
- Any fines, penalties, or points incurred by the Lessee during the rental period shall be the
responsibility of the Lessee.
5. **Security Deposit:** A security deposit of ‘£________’shall be paid by the Lessee at the time of
vehicle pickup. This deposit will be refunded a week after upon the return of the vehicle, provided
that the vehicle is returned in the same condition as it was received and that the terms of this
Agreement have been adhered to.
6. **Vehicle Monitoring:** The rented vehicle may be equipped with tracking devices for the
purpose of monitoring compliance with the terms of this Agreement.
**Penalties for Non-Compliance:**
- Failure to comply with any of the terms and conditions outlined in this Agreement may result in the
forfeiture of the security deposit.
- The Lessor reserves the right to terminate this Agreement and repossess the vehicle in the event of
significant non-compliance or misuse.

**Signatures:**

Lessor: __________________________ (signature) Date: _______________

Lessee: ___________________________ (signature) Date: _______________


**Witness:**
Name: ___________________________ (print)
Signature: ___________________________ Date: _______________ ---
Please fill in the relevant details such as the vehicle information, rental period, and deposit amount
before finalizing the contract. Additionally, ensure that all parties involved sign the agreement in
the presence of a witness for validity.

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