Heavy Equipment Waiver and Hold Harmless Agreement
When renting out heavy equipment, it is important that the owner of the equipment has any potential renter execute an agreement that mitigates the potential for loss or damage to equipment, and any liability due to damage or bodily injury that may occur as a result of repossessing the equipment.
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This Heavy Equipment Waiver and Hold Harmless Agreement app is an app that provides indemnity to an owner by a renter and contains a useful hold harmless clause for liability claims that may arise for injury, damage, or bodily injury that results if equipment must be repossessed. While normal wear and tear can be expected with the use of nearly any equipment, especially heavy equipment that may be used in harsh conditions, there is an expectation by the owner that a renter will assume any and all liability for more substantial damages, or for the loss of the equipment. This agreement also provides for attorneys' fees in the event legal proceedings or interventions are required to recover lost, stolen, or damaged heavy equipment.
This app notes the name of the renter, where the equipment will be used, contact information, and itemizes the equipment being rented, noting a serial number and a description of the equipment which may include any damage already on the equipment. The indemnification and hold harmless clause extends to consequential damages and special damages if there is a claim made for breach of warranty. Check out the app to see the full list of terms and conditions and other useful information. The app is easily customizable so users can add in new information.
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