boat destroys or damages the boat, he is responsible for replacing, rebuilding or paying for the cost of the boat or damage to the boat. Lessee is not provided with a boat trailer. There is also a waiver and release by Lessee regarding any personal or property damage of Lessee resulting from use of the boat, including swimming and fishing.
The Oklahoma Boat Rental Agreement with Personal Injury Waiver and Release of Personal or Property Damage and Indemnification of Lessor for Damage to Boat or Equipment is a legally binding contract between the boat lessor and the renter in the state of Oklahoma. This agreement contains provisions that protect both parties involved in the rental transaction. The primary purpose of this agreement is to outline the terms and conditions under which the boat is rented and to ensure that the renter acknowledges and assumes any risks associated with using the boat. It includes a personal injury waiver and release of personal or property damage, which means that by signing the agreement, the renter waives their right to hold the lessor liable for any personal injuries or property damage that may occur during the rental period. The agreement also includes an indemnification clause, which states that the renter will be responsible for any damage caused to the boat or equipment during the rental period. This means that the renter will be required to reimburse the lessor for any repair costs or replacement expenses resulting from their negligence or misuse of the boat or equipment. Furthermore, the agreement may specify different types of boat rental arrangements. Some common types include hourly rentals, daily rentals, and weekly rentals. Each type may have specific terms and conditions, such as rental duration, fees, and requirements for operating the boat. It is important for both parties to carefully review and understand the specific terms outlined in the agreement before signing. Keywords: Oklahoma boat rental agreement, personal injury waiver, release of personal or property damage, indemnification, lessor, damage to boat or equipment, rental duration, fees, terms and conditions, hourly rentals, daily rentals, weekly rentals.
