Yacht Karma

Yada Yada Yacht Rental Agreement

This Yacht Rental Agreement  is made and entered into as of __/__/____  by and between Yada Boating Inc, and  ____________ . The Owner agrees to rent the Yada Yada yacht  to the Renter, subject to the terms and conditions outlined below:

Rental Period
The rental period shall commence on __/__/____ at __:__ and shall conclude on __/__/____ at __:__. The Renter agrees to return the Yacht to the Owner in the same condition as received, no later than the agreed-upon end time.

Rental Fees
The Renter agrees to pay the rental fees as outlined in the pricing section of the Agreement. A non-refundable deposit of 50% of the total rental fee is due upon signing this Agreement. The remaining balance is due no later than 7 days prior to the rental period.

Security Deposit
The Renter shall provide a refundable security deposit of $2,000 upon signing this Agreement. The security deposit shall be refunded to the Renter within 14 days after the rental period, provided that the Yacht is returned undamaged and in the same condition as received.

Cancellations
In case of cancellation by the Renter within 14 days of the rental period, the Renter shall forfeit the entire deposit. Cancellations made more than 14 days prior to the rental period will result in a 50% refund of the deposit.

Insurance
The Owner maintains insurance coverage for the Yacht. The Renter agrees to be responsible for any deductibles or damage not covered by the Owner’s insurance policy.

Indemnification
The Renter agrees to indemnify, defend, and hold harmless the Owner from and against any and all claims, damages, losses, liabilities, and expenses arising out of the Renter’s use of the Yacht, including, without limitation, any claims for personal injury, property damage, or breach of this Agreement.

Use of the Yacht
The Renter shall use the Yacht in a safe and responsible manner and shall comply with all laws, rules, and regulations applicable to the use of the Yacht. The Renter shall not engage in any activity that may cause damage to the Yacht, endanger the safety of any person, or violate any applicable laws, rules, or regulations.

Damages
The Renter shall be responsible for any damages to the Yacht caused by the Renter or any of the Renter’s guests during the rental period. The Renter shall promptly notify the Owner of any such damage and shall reimburse the Owner for any costs incurred in repairing or replacing the damaged property.

Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Florida without regard to its conflict of law provisions.

Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes any prior or contemporaneous understandings, representations, warranties, or agreements, whether oral or written, relating to the subject matter hereof.

By signing below, the Renter acknowledges that they have read, understood, and agree to be bound by the terms and conditions of this Agreement.

IN WITNESS WHEREOF. the Parties hereto have duly executed and delivered this Agreement, effective as of the Effective Date.

OWNER:
Yada Boating Inc.

By: ___________________
Michael Woloshin, CEO

RENTER:
_________________

By:________________
Renter’s Name

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