This Vehicle Rental Agreement is entered into between [Virgin Islands Auto Rental, LLC] (“Owner”) and the above named (“Renter”) (collectively the “Parties”) and outlines the respective rights and obligations of the Parties relating to the rental of a vehicle.
1. IDENTIFICATION OF THE RENTAL VEHICLE
Owner hereby agrees to rent to Renter a passenger vehicle which is identified above (hereinafter referred to as “Rental Vehicle”).
2. RENTAL TERM
The term of this Vehicle Rental Agreement runs from the date and hour of vehicle pickup as indicated on this Rental Agreement until the return of the vehicle to Owner, and completion of all terms of this agreement and rental terms by both Parties. The estimated rental term is the above vehicle pickup and return date.
The Parties may shorten or extend the estimate term of rental by mutual consent all at renter’s expense.
3. SCOPE OF USE
Renter will use the Rented Vehicle only for personal or routine business use, and operate the Rented Vehicle only on properly maintained roads and parking lots. Renter will comply with all applicable laws relating to holding of licensure to operate the vehicle, and pertaining to operation of motor vehicles. Renter will not sublease the Rental Vehicle or use it as a vehicle for hire. Renter will not abandon the rental vehicle. Renter will not allow any other person to operate the Rented Vehicle unless identified here:
Primary vehicle operator is the renter who's drivers license is included.
4. RENTAL FEES AND OTHER COST RELATED TO RENTAL VEHICLE
Renter will pay to Owner all rental fees for use of the Rental Vehicle.
Total rental cost per day, V. I. Gov. Car rental tax, additional drivers, fuel reimbursement, all applicable charges as listed in rental terms, all fines, including parking fines, tickets/violations incurred in relation to your rental vehicle during your rental period.
5. SECURITY DEPOSIT
Renter will be required to provide a security deposit to Owner in the amount of [$1,500.00] (“Security Deposit”) to be used in the event of loss or damage to the Rental Vehicle during the term of this agreement. Owner may, in lieu of collection of a security deposit, place a hold on a credit card in the same amount. In the event of damage to the Rental Vehicle, Owner will apply this Security Deposit to defray the costs of necessary repairs or replacement. If the cost for repair or replacement of damage to the Rental Vehicle exceeds the amount of the Security Deposit, Renter will be responsible for payment to the Owner of the balance of this cost.
6. INSURANCE
Renter must provide Owner with proof of insurance that would cover damage to the Rental Vehicle at the time this Car Rental Agreement is signed, as well as personal injury to the Renter, passengers in the Rented Vehicle, and other persons or property. If the Rental Vehicle is damaged or destroyed while it is in the possession of Renter, Renter agrees to pay for all cost that is associated due to the damages.
7. INDEMNIFICATION
Renter agrees to indemnify, defend, and hold harmless the Owner for any loss, damage, or legal actions against Owner as a result of Renter’s operation or use of the Rented Vehicle during the term of this Car Rental Agreement. This includes any attorney fees necessarily incurred for these purposes. Renter will also pay for any parking tickets, moving violations, or other citations received while in possession of the Rented Vehicle.
8. REPRESENTATIONS AND WARRANTIES
Owner represents and warrants that to Owner’s knowledge; the Rental Vehicle is in good condition and is safe for ordinary operation of the vehicle.
Renter represents and warrants that Renter is legally entitled to operate a motor vehicle under the laws of this jurisdiction and will not operate it in violation of any laws, or in any negligent or illegal manner.
Renter has been given an opportunity to examine the Rental Vehicle in advance of taking possession of it, and upon such inspection, is not aware of any damage existing on the vehicle other than that notated by separate Existing Damage document.
9. JURISDICTION AND VENUE
In the event of any dispute over this agreement, this Car Rental Agreement will be interpreted by the laws of the United States Virgin Islands, and any lawsuit or arbitration must be brought in the United States Virgin Islands. If any portion of this agreement and rental terms is found to be unenforceable by a court of competent jurisdiction, the remainder of the agreement and rental terms would still have full force and effect.
10. ENTIRE AGREEMENT
This Car Rental Agreement constitutes the entire agreement between the Parties with respect to this rental arrangement. No modification to this agreement can be made unless in writing signed by both Parties. Any notice required to be given to the other party will be made to the contact information that is on file.