Booth Rental Agreement

Booth: (Booth.Name)

Address: (Booth.Street) (Booth.City) (Booth.State) (Booth.Zip)

Agreement Between Parties

This Booth Rental Agreement (“Agreement”) is made on the (Date) by and between [Lessee.FirstName][Lessee.LastName] (“Lessee”) and [Lessor.FirstName][Lessor.LastName] (“Lessor”). The Lessor agrees to rent the property described in the Leased Premises section to the Lessee under all the terms and conditions outlined in this Agreement.

Leased Premises

The premises to which this Agreement relates is located at (Booth.Location). It consists of (Number) foot by (Number) foot-sized station (“Booth”). Lessee has the right to operate the Booth and provide hair styling services to the public.

Legal description of the property:

(Property.Description)

Term of Agreement

This Agreement operates on a:

Fixed Term: The Agreement begins on the (Start.Date) and ends on the (End.Date).

Month-to-Month Rental Term: The Agreement begins on the (Start.Date) and continues on a month-to-month basis until either Party terminates it with a written notice at least (Number) days in advance.

Week-to-Week Rental Term: The Agreement begins on the (Start.Date) and continues on a week-to-week basis until either Party terminates it with a written notice at least (Number) days in advance.

Rental

The Rent payable under this Agreement for the use of the Booth is:

$(Amount) per month, payable on the first of each month,

$(Amount) per week, payable on (Day) of each week,

(Percentage)% of all income, less tips, generated through use of the Booth,

$(Amount) per week/month in addition to (Percentage)% of all income, less tips, generated through the use of the Booth.

Lessee will pay all Rent using (Payment.Method) or (Payment.Method). Lessee has the sole responsibility to ensure no Rent payments are late. Should the Rent be late by more than (Number) days from the required payment date, a late fee of $(Amount) or (Percentage)% interest on the outstanding balance will apply.

Security Deposit

The Lessor requires the Lessee to pay a security deposit of $(Amount) (“Security Deposit”) upon signing this Agreement. The Lessor will return this Security Deposit, less any subtractions, within 30 days of termination of this Agreement. The Lessor will detail any subtractions to the Security Deposit in a statement, with a detailed calculation of the remaining balance, which they will give to the Lessee.

Utilities

Lessee must pay the following utilities for the duration of this Agreement:

Electricity

Water

Gas

Internet

Waste Removal

Telephone

Cable/TV

Other: (Other.Description)

Any utilities not ticked or detailed here remain the responsibility of the Lessor.

Equipment and Personal Property

Lessor agrees to provide the following equipment to the Lessee for the duration of the Agreement:

Booth

Chair

Table

Other: (Other.Description)

Lessee may equip the Booth with their equipment only with the consent of the Lessor. However, the Lessor agrees to not unreasonably withhold their consent unless said equipment or personal property disrupts the everyday business.

Maintenance

Both Parties agree that Lessee shall maintain the Booth in a clean and neat condition for the duration of the Agreement. The Lessee is responsible for maintaining the Booth and any equipment of the Lessor in the same condition as they received it, except for the expected wear and tear. It is the responsibility of the Lessee to repair any damages to the Booth or equipment at their own cost, provided the damages are caused by any act of omission or malice by the Lessee or any of their agents, customers, invitees, employees, or guests.

Lessee will make no structural changes to the Booth without the express written permission of the Lessor. At the end of this Agreement, Lessee will return the premises in as good of a condition as they received it, except for the expected normal wear and tear.

Miscellaneous

Agreement

This Booth Rental Agreementshall be governed, construed, and enforced following the laws of (State). Any changes or amendments to this Agreement must be in writing and signed by both Parties. Any disputes related to this Agreement will first be solved using binding arbitration.

IN WITNESS WHEREOF, both Parties acknowledge their signature below signifies their understanding and Agreement with the terms of this Agreement as of the date below.