Cedar Bay Marina Loge

Boat Rental Agreement

Date____________ Boat#____________

Renter's Name____________________________________

Home Address__________________________________

_________________________________________

Local Address__________________________________

_________________________________________

Rental Rates

Boat $____________ per__________

# of persons___________________

Time Out______________________

Time In_______________________

Checked Out By________________

Direction______________________

Security Deposit

Rental Fee
in Advance $____________

Security Deposit            $200.00

Total $____________

Additional Terms and Agreements

The undersigned as RENTER (including any and all RENTERS signing the Agreement), hires from Factory Bay Boat Rental Inc. as OWNER, Boat No. ______ on the following terms and conditions.

Please initial each item as it is read and understood:

[___](Initial) The RENTER must return the boat to the OWNER at or before _____________(Time of Return) on __________(Date)

[___](Initial) Navigation of power boats is confined to inland and intercoastal waterways extending from Coon Key to Naples, FL.

[___](Initial) The RENTER shall keep his copy of this agreement in his possession during the rental period and must present it to the OWNER at time of return for preparation of the final invoice.

[___](Initial) RENTER acknowledges that the boat is the rightful property of the OWNER, and further acknowledges that he received said boat in good and safe mechanical and seaworthy condition. RENTER agrees to return said boat together with all accessories and accouterments to the OWNER in the same condition as RENTER received it. Said boat is equipped with life jackets or buoyant cushions (number specified above), paddle, anchor and line, fire extinguisher, flares ,horn and a full tank(s) of fuel.

[___](Initial) RENTER agrees to pay to OWNER the cost of replacing lost equipment and the cost of repairing damages to, and caused by, the boat including parts, labor expenses of transporting said vessel or other property to and from point of repair, all towing charges, including, but not limited to all towing charges as a result of grounding or beaching of the boat, regular rental fee covering time said vessel is out of service as a result of damage, and any collection cost and / attorney fees necessary to secure reimbursement. It is understood that the security deposit ("Deposit") will be used for payment of all or part of the above cost up to its full amount. Cost in excess of the Deposit shall be paid by the RENTER to the OWNER on demand.

DAMAGE WAIVER: [___](ACCEPT) [___](DECLINE)                    $200.00 Deductible
    The RENTER may pay a waiver of collision damages fee for the applicable rental period. If the RENTER pays the waiver of collision fee, then RENTER shall not be responsible for cost described in the above paragraph in excess of the security deposit if those costs are solely the result of a collision. This collision waiver fee does not release the RENTER from any other liability including, but not limited to, damages caused by grounding the boat or the overheated engine damages caused by grounding and does NOT affect the liability of RENTERS from personal injuries or death of RENTER, OWNER or any third party, or property damage to property damage to property not owned by the OWNER.

[___](Initial) RENTER agrees to pay the OWNER on demand all time, fuel, oil, service, minimum, and other charges applicable to the rental of the boat at the rates or in the amounts specified herein.

[___](Initial) RENTER who signs to accept the terms of this Rental Agreement certifies that he or she is 18 years of age or over.

[___](Initial) RENTER agrees that the use of the boat by a number of persons greater than the number of life jackets or buoyant cushions provided (children 5 years of age and under are required to wear a life jacket at all times), use of the boat water skiing, and use of the boat in the Gulf of Mexico is illegal and shall result in the forfeiture of all the Deposit.

[___](Initial) RENTER acknowledges that it is unlawful for any person to fish from a boat without a saltwater fishing license.

[___](Initial) RENTER agrees to operate the boat in a safe and legal manner as prescribed by all laws and regulations applicable to the area in which the boat is operated.

RENTER AGREES THAT HE OR SHE HAS READ AND UNDERSTANDS ALL OF THE ABOVE TERMS AND CONDITIONS AND AGREES TO INDEMNIFY FACTORY BAY RENTAL BOATS INC. FOR ALL DAMAGES IT SUSTAINS AS A RESULT OF THEIR VIOLATION BY THE RENTER

_______________________________________
SIGNATURE OF RENTER

NO BOW-RIDING

EACH BOAT MUST BE RETURNED AT THE SPECIFIED HOUR-OVERTIME RATES $75.00/HOUR (OR ANY PART THEREOF) SHALL COMMENCE AT THE SPECIFIED TIME OF RETURN

Boat #

 

FINAL SETTLEMENT

Rental Fee in Advance $____________

Damage Waiver Fee $____________

[___](Initial) Chart Taken $____________

Oil/Qt. $____________

Fuel/Gal. $____________

Balance Due $____________