Use this form if you're borrowing equipment from, or renting or lending equipment to, a friend or neighbor. This form is useful for relatively inexpensive equipment, but it's useful to put the basics into writing, helping to avoid confusion and misunderstanding later on.
Use this form when you’re renting relatively inexpensive equipment from a friend or neighbor for a short time -- for example, a power tool or recreational equipment.
This form generally covers items in which there's not a lot at stake, money-wise. But it is useful to put the basics into writing, helping to avoid confusion and misunderstandings later on.
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