A hire agreement is entered into when one party wishes to hire out goods / equipment to another party. This hire agreement is drafted to protect the interests of the party hiring out the goods / equipment and is intended to set out a description of the hire terms (e.g. hire period, price and payment method) at which the goods / equipment will be provided. It is recommended that the hire agreement is entered prior to providing the goods / equipment.
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- Basic Hire Agreement template
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The document is 7 pages long, contains 11 sections and one schedule.
Important clauses covered in this document include:
- hire of goods
- hire fee and payment
- bond
- condition of goods
- return of goods
- termination
- title and risk
The Hire Agreement template is most suitable for early-stage or simple companies.
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