Shared Economy & Gig
Equipment Sharing / Tool Library Agreement
Agreement for borrowing equipment or tools covering condition, return obligations, damage liability, and usage restrictions. Two signers (owner and borrower).
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# Equipment Sharing / Tool Library Agreement **Effective Date:** ___________ This Equipment Sharing / Tool Library Agreement ("Agreement") is entered into by and between: **Owner/Lender:** ___________ ("Owner") **Borrower:** ___________ ("Borrower") ## 1. Equipment Description The Owner agrees to lend the following equipment to the Borrower: **Equipment/Tool Name:** ___________ **Make/Model:** ___________ **Serial Number (if applicable):** ___________ **Condition at Checkout:** ___________ **Known Issues or Damage (if any):** ___________ **Estimated Replacement Value:** $___________ **Accessories/Attachments Included:** ___________ ## 2. Borrowing Period **Checkout Date:** ___________ **Return Date:** ___________ **Borrowing Duration:** ___________ **Late Return Fee:** $___________ per ___________ past the agreed return date. If equipment is not returned within ___________ of the return date, it shall be considered unreturned and the Borrower shall be liable for the full replacement value.
Fields (29)
effective date
date · required
owner name
text · required
borrower name
text · required
equipment name
text · required
make model
text · required
serial number
text
condition
select · required
known issues
textarea
replacement value
text · required
accessories
textarea
checkout date
date · required
return date
date · required
borrow duration
select · required
late fee
text · required
late fee period
select · required
unreturned threshold
select · required
borrowing fee
select · required
fee amount note
text
security deposit
text · required
payment method
select · required
permitted use
select · required
damage resolution
select · required
replacement value confirm
text · required
report deadline
select · required
return location
select · required
deposit return
select · required
governing state
select · required
owner signer name
text · required
borrower signer name
text · required
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