INSURANCE: The rental package includes insurance coverage to Third Party. Our Company is responsible for paying the insurance premium.
GASOLINE: Our company is responsible for the expense of gasoline.
EXTENSION OF RENTAL: This agreement will be terminated upon expiry. If our company or the renter decides not to extend after the expiry of this agreement, the company or the renter must inform the other party three months prior to the expiry date. Extension of rental and delaying the return of the rental vehicle will not be allowed without agreement from our company.
Violation of this agreement: If it is determined that the renter fails to comply to any of the terms and conditions of this agreement, our company reserves the right to immediately terminate this rental agreement and demands an immediate return of the rental vehicle and indemnification for any loss that is caused due to such termination. During the term of this agreement, , if the renter early terminates or violate this rental agreement, the renter is required to pay an early termination penalty which the amount is equivalent to the monthly rents times the sum of the remaining months in this agreement. Likewise if our company early terminates or violates this rental agreement, the company is also required to pay an early termination penalty which the amount is equivalent to the monthly rents times the sum of the remaining months.
PAYMENT: Cash or credit cards are accepted for payment of rents upon return of the vehicle.
Transfer of the rental agreement: Our company is renting the vehicle only to the renter to use (but which does not include driving or operating the rental vehicle). The renter is not allowed to transfer this rental agreement or sub-rent the rental vehicle to the third party.
Tax: Our company is responsible for the taxes required to be paid as the owner of the rental vehicle.
Maintenance expense: Our Company is responsible for the expenses related to the regular maintenance and the government annual inspection of the rental vehicle.
Purpose of usage of the rental vehicle: The renter hereby agrees that the rental vehicle is for personal transportation use only and is its usage is not violating the law of Macau. Otherwise the renter will be responsible for all consequences and agree to compensate any losses that might have caused to our company.
Legal responsibility: During the continuation of this rental agreement, renter hereby agrees to oblige to the Law of Macau and be responsible for any civil or criminal legal offence that might occur during the use of the rental vehicle. Moreover, if our company is being penalized as a result of the renter’s violation to the law, the renter will be fully responsible for all legal consequences and violation fines.
During the term of this rental agreement, renter agrees to indemnify damages to the rental vehicle caused by intention, gross negligence or a serious error committed by the renter except the normal tear and wear occurred during the regular usage of the vehicle. All damages done to the rental vehicle must be handled and repaired by the automobile service center owned by the Vang Iek Group.
Vehicle Cleanliness: The renter agrees to always maintain the cleanliness of the rental vehicle and keep the equipment as completed as the condition which rental vehicle is delivered to the renter. If it is determined that the renter fails to maintain such cleanliness upon the return of the rental vehicle, the renter will be responsible for any expense incurred for cleaning including but not limited to cigarette stains and unpleasant odor in the rental vehicle.
In case of loss or deterioration of the vehicle registration documents or copies, the renter shall pay the sum MOP 500 in order to reimburse the company for the above mentioned loss.
Should there be any person belongings being left in the rental vehicle, our company does not have obligation to safe keep or return them to the owner.
In addition: If an event occurs which does not fall into this scope of these terms and conditions, both parties should follow the Law of the Macau SAR to resolve the issue.
The English part of this agreement is just a translation of the Chinese terms and conditions. Should there be any uncertainty or doubts, the content of this agreement should be interpreted by the definition of the Chinese terms.
This document is the one and only rental agreement between our company and the renter and it supersedes any previous document signed for the same vehicle rental service between our company and the renter.
The renter hereby acknowledge that he / she has carefully read and has agreed to all the terms and conditions in this agreement and agrees that the rental vehicle is the property of Vang Iek Rent-A-Car Service Co., Ltd.