Lender Terms

Lender Terms as at 7th May 2015

 

1. Introduction

1.1 These Lender terms and conditions (Lender Terms), together with the Website Terms and Conditions, set out the basis on which you may list goods, property or services for rent on www.erentz.com (the Site).

1.2 By listing any goods, property or services for rent on the Site you agree to be bound by the Lender Terms.

 

2. Changes to the Lender Terms

2.1 We may revise the Lender Terms at any time by amending this page and, if we consider it to be appropriate, we will notify you of any material changes by e-mail. Your use of the Site will be subject to the most recent version of the Lender Terms available on the Site.

2.2 We recommend that you read through the Lender Terms available on the Site regularly so that you can be sure that you are aware of any changes that may apply to you.

 

3. Subscription

3.1 You may only list goods, property or services for rent on the Site in your capacity as a business, be this as a company, partnership or you as sole trader. You may not list goods, property or services for rent on the Site in your private capacity as an individual. You must provide us with true and accurate information when registering for your subscription to use the Site. You authorise us to use any information you provide to us to verify your identity and obtain credit reports about you from time to time while you are registered for a subscription.

3.2 Unless you tell us not to, we will automatically renew your subscription at the end of the relevant term and take the relevant payment.

 

4. Subscription Fees and Payments

4.1 You may pay your subscription fees by direct debit or by credit card.

4.2 We may increase or add new fees and charges by giving you at least 30 days’ advance notice.

4.3 We may, in our sole discretion, terminate or suspend your access to the Site if you are more than [3] days late in paying your subscription fees.

4.4 In addition to our right to terminate or suspend your access to the Site if you are more than [3] days late in paying your subscription fees, all late payments will attract interest at a rate of [4]% a year above HSBC's base rate from time to time. This interest accumulates daily from the date your payment was originally due until you actually pay the overdue amount. You must pay the interest together with the overdue amount.

4.5 Subscriptions can be cancelled at any time by contacting eRentz via the “Contact Us” page or emailing eRentz on support@eRentz.com

4.6 Subscription fees are non-refundable.
 

5. Obligations

5.1 By listing goods, property or services for rental on the Site, you warrant and represent that:

5.1.1 you are the owner of the goods, property or services or are authorised by the owner of the goods, property or services to make the goods, property or services available for rent by third parties;

5.1.2 the listing is accurate, up-to-date and complete; and

5.1.3 the listing of the goods, property or services for rent is not in breach of any applicable law.

5.2 When you list goods, property or services for rent on the Site and a borrower submits an order through the Site to rent the goods, property or services from you within the parameters (location, time period etc.) you have specified, you are obliged to rent the goods, property or services to the borrower at the price and on the other terms listed (Rental).

5.3 As between you and us, you are solely responsible for fulfilling all of your obligations to a borrower in relation to a Rental.

5.4 You must maintain appropriate insurance to cover against loss of or damage to the goods, property or services you list for rent on the Site.

 

6. Payment and Fees

6.1 You must include any applicable duties or taxes in the displayed price for any prospective Rental.

6.2 Payments by borrowers for any listing you make on the Site are made to you directly. We provide a gateway to PayPal where you accept payments through this service but we do not handle any funds for Rentals.

 

7. Prohibited items

7.1 You must not list the following goods, property or services for rent on the Site:

7.1.1 illegal or prescription drugs;

7.1.2 firearms, ammunition;

7.1.3 pornographic material; or

7.1.4 any items which are prohibited from being made available for rent by applicable law.

 

8. Termination and Suspension

8.1 We may, in our sole discretion, terminate or suspend your access to the Site immediately without notice if you breach any of the Lender Terms.

8.2 Upon termination of the relationship between you and us, all amounts owed by you arising from your use of the Site shall immediately become due and payable.

 

9. General

9.1 The Lender Terms do not create or infer any rights that are enforceable by any person who is not a party to them.

9.2 You may not assign, sub-license or otherwise transfer any of your rights or obligations in the Lender Terms to any other person without our written consent.

9.3 If we decide not to exercise or enforce any right that we have against you at a particular time, then this does not prevent us from later deciding to exercise or enforce that right.

9.4 If any part of the Lender Terms is found to be illegal, invalid or otherwise unenforceable by a court or regulator, then, where required, that part shall be deleted from the Lender Terms and the remaining parts of the Lender Terms will continue to be enforceable.

9.5 These Lender Terms and any non-contractual obligations arising out of them shall be governed by and construed in accordance with English law and if you are a business you agree to submit to the exclusive jurisdiction of the English courts.