This Appliance Rental Agreement (“Agreement”) is made between Davis Investments Associated LC, the Owner/Lessor and the Renter/Lessee on the date signed below
Rental Price:
Front Load Washer & Dryer - $45 every 2 weeks
Top Load Washer & Dryer - $35 every 2 weeks.
Washing Machine Only - $25 every 2 weeks
All accounts subject to a late fee of $15 per payment more than 5 days past due
2. Replacement Value: The renter is liable for the replacement cost if machines are not returned in good condition at the end of rental period or if payments are delinquent. Renter is responsible for the value of all damages that occur during the rental period. Front Load and stackable/unitized: $800, Front Load w/ Pedestals: $1,000, Top Load: $600
4. Term of Rental: This Agreement begins on the date signed below and is for three (3), six (6), or twelve (12) months as indicated above. At the end of the rent period the renter is given three options: option 1, return the machines or arrange for pickup at their expense, purchase the machine at the price outlined above, or continue to rent on a month to month basis. If the owner is to collect them there is a $60 pickup fee for renters located in the Tri-Cities area. $120 pickup fee for items in Hermiston OR and Walla Walla.
5. Maintenance and Repairs: Owner to cover repairs due to normal wear and tear.
Renter is responsible for any damage caused by misuse, negligence, or improper operation as well as lost value from misuse or neglect. Customers who are behind on payments are not eligible for free repairs.
6. Liability Release: The Renter acknowledges and agrees that the Owner is not responsible for any failures, breakdowns, performance issues, or interruptions of use related to the washer or dryer. The Owner shall not be liable for: Any damage to clothing or personal items
Damages from water or other things that may result as a result of proper or improper appliance use. Any inconvenience, delays, or loss of use. Any indirect, incidental, or consequential damages.
7.
Return of Equipment: At the termination of this Agreement, the Renter must return the appliances in good working condition, except for normal wear and tear. Accounts fifteen (15) days past due will be considered in default and must be returned at renters expense. If machines are not returned there is a $200 default fee administrative repossession fee for accounts located in Kenenwick, Pasco, and Richland. All other accounts are subject to a $300 administrative default fee. This covers our time and expense to collect on missed payments and attempt to retrieve the machines. Pricing is calculated of a $3.00/mile cost to repossess and 3x round trip attempts. Defaulted customer to pay either the flat fee or the mileage fee, whichever is greater.
8. Acceleration Clause: If renter fails to make any payment within 5 days of its due date, or otherwise commits a material breach of this Agreement, the owner may, at its option and without further notice or demand, declare the entire unpaid principal balance, together with all accrued and unpaid interest and fees, immediately due and payable.
9. Designated Delivery Address and No Unauthorized Relocation. The rented washer and/or dryer must remain at the delivery address specified in this Rental Agreement. The Renter shall not move, relocate, transport, or permit the machines to be moved from that address without the prior written consent of Davis Investments Associated LLC.
10. Authorized Users Only: Only the individuals specifically identified as authorized renters or users in this Rental Agreement may use the rented machines. The Renter shall not allow any person who is not listed in this Agreement to use, operate, possess, or control the machines without the prior written consent of Davis Investments Associated LLC.
11. No Transfer of Use or Possession: The Renter shall not lend, lease, sublease, assign, transfer, share, or otherwise give another person or household the right to use, possess, control, or retain the machines without the prior written consent of Davis Investments Associated LLC. No transfer of use or possession releases any named Renter from their obligations under this Agreement.
12. Joint and Several Liability of All Named Renters: All individuals identified as Renters in this Agreement are jointly and severally liable for all obligations and liabilities arising under this Agreement. Each named Renter may be held individually responsible for the full amount of any unpaid rent, applicable fees, loss of or damage to the machines, failure to return the machines, and any other amounts lawfully owed under this Agreement, regardless of which Renter or other person used, possessed, operated, moved, or damaged the machines. The Renter(s) remain responsible even if they allow an unauthorized person to use or possess the machines. No named Renter is released from liability merely because another person has possession of or access to the machines.
13. Unauthorized Conduct and Liability: Any unauthorized movement, relocation, transfer, or use of the machines constitutes a violation of this Agreement. The Renter(s) are responsible, subject to applicable law, for losses or damage resulting from such conduct. A violation may result in termination of the rental and recovery of the machines, subject to applicable law and any required notice or legal process.
14. Prior Written Consent Required: Any exception to these restrictions must be approved in advance in writing by Davis Investments Associated LLC. Verbal permission or informal arrangements with another person do not constitute written consent. Consent to one specific move or use does not authorize any subsequent move, transfer, or unauthorized use.
15. Entire Agreement: This Agreement represents the full and complete understanding between the parties. Any changes must be made in writing and agreed upon by both parties.