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.
A Puerto Rico 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 legal document that establishes the terms and conditions between a boat rental company (the lessor) and an individual or party (the renter) who wants to rent a boat for a specific period of time in Puerto Rico. The purpose of this agreement is to protect both the lessor and the renter by clearly defining their respective rights, responsibilities, and liabilities. It also aims to minimize the risk of personal injury or property damage that may occur during the boat rental period. The agreement typically includes the following key elements: 1. Parties: The agreement clearly identifies the lessor (boat rental company) and the renter (individual or party) along with their relevant contact information. 2. Boat Rental Details: This section outlines the details of the boat being rented, such as the make, model, year, registration number, and any specific equipment included with the boat. It may also include the rental period, pick-up, and drop-off locations, along with any additional fees or charges. 3. Rental Fee and Deposit: The agreement stipulates the rental fee and any deposit that the renter is required to pay before taking possession of the boat. It may also mention the consequences of late payment or non-payment. 4. Personal Injury Waiver and Release: This clause releases the lessor from any liability for personal injuries that may occur to the renter or any passengers during the rental period. It emphasizes that the renter assumes all risks and that they are responsible for their own safety while using the boat. 5. Release of Property Damage: This clause releases the lessor from any liability for damage to personal property of the renter or any passengers during the rental period. It states that the renter is solely responsible for any damage and acknowledges that they will be liable for the costs of repair or replacement. 6. Indemnification: This section states that the renter agrees to indemnify the lessor and hold them harmless from any claims, liabilities, costs, or expenses arising from personal injuries or property damage caused by the renter or any passengers. 7. Insurance: The agreement may require the renter to provide proof of insurance coverage that extends to the rental period, covering both personal injury and property damage. It may also offer the option of purchasing additional insurance coverage from the lessor. Different types or variations of the Puerto Rico Boat Rental Agreement may exist depending on the particular boat rental company and additional provisions they wish to include. Some examples of potential variations could include different liability limits, specific instructions for boat operation, or additional clauses for weather-related cancellations or events beyond the control of the lessor.
