Doubts concerning rental of camera equipment.
I have a Nikon D5200 DSLR with 18-55mm Lens worth Rs.43500/- . I want to
rent the camera whoever wants it as rental for a reasonable price. What are
the legal formalities I should taken care of? Is it necessary to create a
legal rental agreement in a non judicial paper? Will it be valid if I get
the agreement signed in a normal document?
If a non judicial paper is needed what is the paper denomination I have to
choose? Is Rs.50/- paper is sufficcient? If the lesse didnt bring back the
camera on mentioned date, what legel actions I could take if signed him
with an agreement in non judicial paper? Could file a criminal case or
civil case? Can I get my equipment back for sure?
Thanks for reading through and giving a helpful reply
Asked in Business Law from Palakkad, Kerala
You would have to register a contract prior to providing such services, including verifying the residence and doing a history checkup.