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and
The Owner hereby agrees to rent the following vehicle to the Lessee, subject to the
terms and conditions stated below, the parties agree as follows:
The Parties acknowledge the existing damage to the Vehicle as notated below:
R E A R F R
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A. RENTAL PERIOD and Rate. The owner agrees to rent the vehicle to the Lessee
for a period of _______________ as stated below.
Start date:_____________ End Date:______________
The Lessee hereby agrees to return the above-described vehicle to the pickup
location no later than the date and time indicated above.
The Lessee agrees to return the vehicle in the current condition it was initially
turned over (minus normal road wear-and-tear) to the Owner on the return date and
hour, fully fueled up.
The Lessee understands that the vehicle is for use only within Leyte. In no event
shall the vehicle be brought outside the Leyte Province without prior authority or
agreement. Should the same vehicle be used outside Leyte Province, the Security
Deposit shall be forfeited, and agrees to pay an additional liquidated damages of
P______________.
B. DEPOSIT. The Lessee agrees to make a deposit of P5,000.00 with the owner, said
deposit to be used, in the event of loss of or damage to the vehicle or equipment
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during the term of this Motor Vehicle Rental Agreement, to defray fully or
partially the cost of necessary repairs or replacement.
b. The Lessee has inspected the vehicle prior to pick-up and confirms that it
is free of any damage and that the fuel tank is at FULL TANK;
c. Lessee is responsible for returning the vehicle with as much fuel in the
tank as when received. If the Lessee returned the vehicle with less fuel
than we supplied it with, a fuel surcharge applies. Owner, determines
how much fuel is needed by the refilling of the fuel tank.
Lessee is responsible for the FULL VALUE of the vehicle, regardless of fault.
Lessee further warrants to replace/repair any damage on the rented vehicle. Any
expenses for such replacement or repair shall be for the account of the Lessee.In
case of any damage, LESSEE IS RESPONSIBLE to contact and report to the
OWNER.
c. Total loss of the rented vehicle for whatever reason shall be for the
account of the lessee, based on the prevailing value of the rented vehicle.
and only if they hold a current valid driver’s license appropriate for the vehicle
for the entire period of the rental agreement.
Lessee Owner
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ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the City of Tacloban this
__________________________ personally appeared the following:
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Known to me to be the same persons who executed the foregoing instrument consisting
of five (5) pages including this page and acknowledged to me that the same are their free and
voluntary act and deed.
WITNESS MY HAND AND SEAL on the date and place above written.
Doc. No._____
Page No._____
Book No._____
Series of 2023.