Venue Rental Agreement
This Venue Rental Agreement ("Agreement") is effective as of ______ [insert date] by and between ______ [Venue Owner's Full Name], hereinafter referred to as "Owner," and ______ [Renter's Full Name], hereinafter referred to as "Renter." The Owner and the Renter may collectively be referred to as the "Parties." This Agreement sets forth the terms and conditions under which the Renter will rent the premises located at ______ [insert full address of venue], ______ [insert state] ("Venue").
1. Rental Period
The Venue will be rented to the Renter for a period commencing on ______ [start date] and ending on ______ [end date], unless extended or terminated earlier in accordance with the terms of this Agreement ("Rental Period").
2. Rental Fee
The Renter agrees to pay the Owner a total rental fee of $______ ("Rental Fee") for the use of the Venue during the Rental Period. The Rental Fee shall be paid as follows: ______ [insert payment details, e.g., 50% upon signing, 50% one week before the event].
3. Security Deposit
A security deposit of $______ ("Security Deposit") will be paid by the Renter to the Owner upon execution of this Agreement. The Security Deposit will be refunded to the Renter within ______ [insert number] days after the conclusion of the Rental Period, provided that the Venue is returned in the same condition as when the Rental Period commenced, ordinary wear and tear excluded.
4. Use of Venue
The Renter agrees to use the Venue solely for the purpose of ______ [insert purpose, e.g., wedding, corporate event] and shall comply with all laws, including, where applicable, the laws of the State of ______ [insert state].
5. Cancellation Policy
If the Renter wishes to cancel this Agreement, the Renter must provide the Owner with written notice. The following cancellation fees will apply, depending on when the notice of cancellation is received:
- More than 60 days before the Rental Period commences: $______ [insert fee or state "no charge"].
- 30 to 60 days before the Rental Period commences: $______ [insert fee].
- Less than 30 days before the Rental Period commences: Full Rental Fee.
6. Liability and Insurance
The Renter agrees to assume all responsibility for any damage to the Venue during the Rental Period. The Renter is strongly advised to obtain event insurance covering personal injury and property damage. The Owner will not be liable for any injuries, damages, or losses that occur to the Renter or any guests of the Renter at the Venue.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of ______ [insert state], without regard to its conflicts of law principles.
8. Entire Agreement
This Agreement constitutes the entire agreement between the Parties pertaining to the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, of the Parties.
In witness whereof, the Parties have executed this Venue Rental Agreement as of the date first above written.
Owner's Signature: ________________________ Date: ______
Renter's Signature: ________________________ Date: ______