LEASE
This Agreement (Fridge Rental) is entered into between HRA Transportation, herein referred to as the "Lessor," and the Lessee, for the purpose of leasing a refrigerator, hereafter termed the "Appliance." The Appliance, as described below, is leased to the Lessee for the agreed-upon duration in this Agreement.
RATES FOR SERVICES
The Lessee acknowledges the initial term of the Lease, inclusive of a non-refundable deposit of R............., payable before the Appliance handover. Monthly payments of R............. are due at the conclusion of each month throughout the lease term. Payments are to be remitted to the following account:
ACCOUNT NAME: HRA TRANSPORTATION
BANK: STANDARD BANK
ACCOUNT NUMBER: 1019 5286 411
BRANCH CODE: 5945
REFERENCE: Fridge Rental__Lessee's Name
Late payments will incur a monthly charge of R40, and any overdue amount may result in additional remedies pursued by the Lessor.
JOINT INSPECTION
The Lessee commits to a joint inspection and testing of the Appliance upon delivery. Any identified faults during this inspection will be duly documented, and the Lessee shall be held accountable for faults resulting from their negligence.
MAINTENANCE CALLS
The Lessor undertakes to provide maintenance services for all calls related to the Appliance. Unauthorized repairs may attract additional charges, and in the event the Appliance is repaired without approval, retrieval may occur immediately, with charges applied for the value of the maintained part.
SERVICES
✓ Delivery of the Appliance to the Lessee.
✓ Collection of the Appliance at the conclusion of the leasing period.
✓ Lessee to notify the Lessor one month before moving out.
✓ If the Lessee notifies the Lessor after one month before moving out, a fee of R150 will be applied for the collection.
DAMAGES TO APPLIANCE
The Lessee is responsible for preventing misuse, damage, or risks to the Appliance. Upon delivery to the Location .........................................., the Lessee assumes responsibility for any risk of loss, damage, or theft. The Lessee shall bear the cost for any damage or loss, and minor damages will result in deductions from the deposit.
ALTERATIONS
Lessee must promptly communicate changes to the Appliance's location within 7 days of an address change to avoid incurring additional transportation charges.
TERM AND TERMINATION
The Agreement remains in force until the Appliance is returned to the Lessor. Premature termination must be communicated to the Lessor, with a minimum leasing period of three months. Monthly rent is due even if the Appliance is used for half the month, and penalties will be applied.
AGREEMENT
By affixing their signature below, the Lessee acknowledges and agrees to pay the specified deposit to the Lessor in advance. Failure to adhere to the conditions may result in legal actions being pursued against the Lessee.