Rental Terms of Service
BikeRental.cc Rental Waiver Agreement
This Rental Waiver Agreement (“Agreement”) is made and entered into by and between Cycle The Net Imports Pty Ltd (ABN 68 653 192 619) trading as BikeRental.cc, herein referred to as the “Company,” and the individual customer, herein referred to as the “Renter.”
This Agreement is effective as of the date of rental.
1. Rental Terms
1.1 The Renter acknowledges that they have rented a bicycle from the Company for the duration specified in the rental agreement.
1.2 The Renter agrees to return the bicycle to the Company in the same condition as received, subject to reasonable wear and tear.
1.3 The Renter agrees to pay all rental fees, charges, and any additional costs as specified in the rental agreement.
2. Assumption of Risk
2.1 The Renter acknowledges that cycling involves inherent risks, including but not limited to accidents, collisions, falls, mechanical failure, road hazards, and interactions with other road users.
2.2 The Renter voluntarily assumes all risks associated with the use of the bicycle, including the risk of injury, death, or property damage.
3. Damage, Loss, and Financial Responsibility
3.1 The Renter is fully responsible for any loss, theft, or damage to the bicycle during the rental period, regardless of cause.
3.2 This includes, but is not limited to, damage caused by accidents, collisions, falls, misuse, negligence, or theft.
3.3 The Renter agrees to immediately notify the Company of any loss or damage.
3.4 The Renter agrees to pay the full cost of repair or replacement of the bicycle and any components, including labour, as determined by the Company acting reasonably.
4. Security Deposit
4.1 The Renter authorises the Company to place a security deposit hold of AUD $500.00 on the Renter’s nominated credit card.
4.2 The Renter acknowledges and agrees that:
• The deposit will be authorised approximately 24 hours prior to the rental start time
• The deposit is a temporary hold (pre-authorisation) and not a charge, unless applied
• The deposit is held as security against damage, loss, late return, or breach of this Agreement
4.3 The Company may deduct from the deposit any amounts owed by the Renter under this Agreement.
4.4 Any remaining balance of the deposit will be released following completion of the rental, subject to inspection of the bicycle.
5. Insurance and Liability
5.1 The Renter acknowledges that no insurance is provided by the Company for:
• Damage to the bicycle
• Theft or loss of the bicycle
• Personal injury
• Third-party liability
5.2 The Renter accepts full financial responsibility for all such risks.
5.3 The Company offers an optional Bike Damage Protection product which:
• Reduces the Renter’s financial liability for accidental damage only
• Caps the Renter’s out-of-pocket cost at AUD $500
• Does not cover theft, loss, third-party claims, or personal injury
5.4 The Renter acknowledges that:
• Bike Damage Protection is optional
• If not selected, the Renter remains fully liable for all damage or loss
5.5 The Renter is strongly advised to obtain their own third-party liability insurance to cover any claims arising from injury or damage to other persons or property.
6. Release and Waiver of Liability
6.1 To the fullest extent permitted by law, the Renter releases and discharges the Company, its officers, directors, employees, agents, and affiliates from any liability for injury, death, or property damage arising from the use of the bicycle.
6.2 This includes liability arising from negligence, except where liability cannot be excluded under applicable law, including the Australian Consumer Law (ACL).
6.3 The Renter agrees to indemnify and hold harmless the Company from any claims, demands, losses, damages, or expenses (including legal fees) arising out of or in connection with the Renter’s use of the bicycle.
7. Governing Law
7.1 This Agreement is governed by the laws of New South Wales, Australia.
8. Entire Agreement
8.1 This Agreement constitutes the entire agreement between the parties and supersedes all prior discussions or agreements.
9. Acknowledgment
9.1 By proceeding with the rental, the Renter confirms that they:
• Have read and understood this Agreement
• Accept the security deposit terms
• Acknowledge the absence of insurance
• Accept full financial responsibility as outlined