RENTAL AGREEMENT


Date (mm/dd/yy): _____________________________________________________ The “Effective Date”


Lessee Information 

Name:

Phone Number: 

Delivery Address (if applicable): 

Email Address: 



This Rental Agreement is made as of the Effective Date between MLD Home Staging. (the “Lessor”) and the Lessee. In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 


  1. Agreement. The Lessor agrees to lease to the Lessee, and the Lessee agrees to lease from the Lessor, all furniture and accessory items set out in invoices (the “Leased Items”) between the Lessor and the Lessee from time to time (the “Invoices”) subject to the terms and conditions set out in this Agreement.


  1. Term of Lease. The term of the lease between the Lessor and Lessee of the Leased Items shall commence on the Delivery Date and continue for a period of 30 days from the Delivery Date (the “Initial Term”) and thereafter, will need to be renewed for successive 30 days periods (each, a “Renewal Term”) unless the Lessee provides the Lessor with notice of non-renewal. The Lessor shall issue an invoice to the Lessee for each Renewal Term.


  1. Payment. The Lessee agrees to pay to the Lessor all amounts due and payable to the Lessor under this Agreement plus all applicable taxes including, without limitation, (i) all rental and other amounts set out in each Invoice (collectively, the “Rental Amounts”), and (ii) all charges and fees set out in this Agreement. 


  1. Discounts for Renewals.

    1. The following discounts shall apply for each Renewal Term (the “Discounts”):


2nd Term: 

30% off the 1st term Rental Subtotal 

3rd Term: 

Additional 15% off the 2nd term Rental Subtotal

All Subsequent Terms:

No further discounts 



  1. Termination. The Lessee may terminate this Agreement by providing the Lessor with prior written notice as follows:


  1. The Lessee may terminate this Agreement if the Lessee provides the Lessor with written notice of termination prior to the Delivery Date. If the Lessee terminates this Agreement as provided for in this subsection (a), then all amounts paid by the Lessee to the Lessor pursuant to this Agreement shall be returned.

  1. Delivery. The Lessor shall use its reasonable commercial efforts to deliver the Leased Items to the Delivery Location by the Delivery Date. The Lessee shall ensure that the Lessor has access to the Delivery Location in order to deliver the Leased Items. The Lessee must notify the Lessor of any parking restrictions or special delivery instructions at the Delivery Location prior to the Delivery Date. 


  1. Maintenance of Leased Items. The Lessee shall not alter or disfigure any of the Leased Items. The Lessee shall prevent the furnishings from being subjected to careless, unusual, inappropriate or improper usage and shall use the furnishings only for the purpose identified.


  1. Return of Leased Items. On the expiry or termination of this Agreement, the Lessee shall return the Leased Items to the Lessor in as good condition as when delivered subject only to ordinary wear and tear. The Lessee shall be responsible for any and all damage caused to the Leased Items as determined by the Lessor and for all costs and expenses incurred by the Lessor with respect to cleaning, repairing and, if necessary replacing such Leased Items. The Lessee agrees that the cost for replacing any Leased Item shall be 2 times the monthly rental rate of the Leased Item (the “Replacement Cost”). For repairs, the Lessee will be charged $10 per item.


  1. Restricted Activities


  1. Smoking. The Lessee shall not allow any smoking at any location where the Leased Items are situated. The Lessee shall be responsible for any and all damage caused to such Leased Items as determined by the Lessor including all costs and expenses incurred by the Lessor with respect to cleaning and/or repairing such Leased Items.


  1. Indemnity. The Lessee hereby agrees to indemnify the Lessor and its directors, officers, employees and authorized representatives against, and hold all of such parties harmless from and against, any and all claims, actions, suits, proceedings, costs, expenses, damages and liabilities, including legal fees, arising out of, in connection with, or resulting from the Lessee’s use, operation, control, possession, and storage of the Leased Items including, without limitation, any negligence of the Lessee whether by commission or omission and any liability for injury (or death) to persons or property caused by the Lessee’s use, operation, control, possession, and storage of the Leased Items.


  1. Risk of Loss. The Lessor shall not in any way be responsible or liable for any loss or damage to property, material or equipment belonging to the Lessee, or any agents, employees, suppliers or family members, guests or visitors, of the Lessee, during the Initial Term and all Renewal Terms, unless the Lessee witnessed such an event and reports it to the Lessor immediately.


  1. Entire Agreement. This Agreement contains the entire Agreement of the parties, and there are no other promises or conditions in any other agreement whether oral or written.







IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date first written above.

MLD HOME STAGING.




Name: _____________________________________________

I have the authority to bind the corporation

[LESSEE NAME]
 



 Name:______________________________________________






Signature: ________________________________________________






Company Name (if applicable): ___________________________________ Date: ___________

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