Equipment Rental Agreement

Identity Verification

To reserve equipment, identity verification is required.
For example, one of the registered members of Asatir Studio may introduce you to us over the phone by stating your full name.

Alternatively, your identity may be verified by Asatir Studio staff through the official business license inquiry system on the Iran Guilds Organization website.

After verification, you must visit the studio in person with:

  • a valid photo ID, and

  • one promissory note (Sefteh) in the amount of ۱,۰۰۰,۰۰۰,۰۰۰ IRR (one hundred million tomans)

You will then complete and sign the following agreement.

Agreement

This Agreement is concluded pursuant to Article 10 of the Iranian Civil Code between the parties as follows:

Article 1 – Subject of the Agreement

The rental of all cinematography, photography, video recording, audio recording, lighting, and related accessories, as specified in the invoice issued by Asatir Studio, for use and operation by the lessee.

Article 2 – Parties to the Agreement

First Party (Lessor):
Mr. Hamed Khoshrou, son of Mohsen, National ID No. 0386304785, issued in Qom, residing in Mashhad, Faramarz Abbasi 39, Asatir Studio, hereinafter referred to as the First Party.

Second Party (Lessee):
Mr./Ms. …………………………………………….,
son/daughter of …………………………………………….,
National ID No. …………………………………………….,
issued in …………………………………………….,
born on ……/……/……..,
mobile number …………………………………………….,
secondary contact number …………………………………………….,
address ……………………………………………………………………………………………………..
Hereinafter referred to as the Second Party.

Customer Code (in Lessor’s accounting system): ………………………………….

Article 3 – Payment Terms

  1. The rental fee shall be calculated according to the invoice issued by the First Party (Asatir Studio) and paid by the Second Party upon receipt of the equipment.

  2. All applicable taxes shall be borne by the Second Party.

  3. The Second Party undertakes to settle the full amount upon issuance of the invoice. In case of non-payment within 15 days, a ۱۰% daily penalty shall be added until full payment is made.

  4. If a cheque is used for payment and it is returned unpaid, the responsibility for settlement and legal follow-up shall rest entirely with the Second Party.

Article 4 – Duration of Agreement

This Agreement shall be valid from ………………… to ………………… for a period of ………………… solar days/months.

Article 5 – Terms and Conditions

  1. The First Party shall deliver the equipment in good working condition. The Second Party must inspect the equipment upon delivery; taking possession implies acceptance of its proper condition.

  2. The Second Party shall be fully responsible for any damage or loss to the equipment during the rental period.

  3. The Second Party must collect the equipment in person. If the equipment is sent via courier/taxi or delivered to a third party designated by the Second Party, full responsibility for the equipment shall transfer to the Second Party at the moment of delivery.

  4. Any repair costs arising from damage shall be paid by the Second Party upon presentation of an official repair invoice.

  5. If the equipment requires repairs, the repair period shall be billed at the same daily rate as the original rental invoice.

  6. The Second Party is not permitted to perform any repairs or modifications on the equipment. Unauthorized repairs shall entitle the First Party to perform re-repair or replacement at the Second Party’s expense.

  7. The place of repair shall be determined solely by the First Party and accepted by the Second Party by signing this Agreement.

  8. If the equipment is deemed irreparable, the Second Party must pay the current market value of the equipment within ۱۵ days.

  9. The Second Party is not authorized to transfer or sublease the equipment to any third party.

  10. The equipment remains the property of the First Party and must be returned upon the expiry of the rental period stated in the invoice.

  11. In the event of a cancellation without prior notice or coordination, the Second Party must pay ۱۰۰% of the reserved equipment rental fee.

Note: During the term of this Agreement, both parties may repeatedly exchange or substitute equipment. All invoices issued under the Second Party’s name during this term are subject to this Agreement.

Article 6 – Guarantee

As security for the equipment, the First Party shall receive from the Second Party a promissory note (Sefteh) in the amount of …………………… million tomans.
This amount is not equivalent to the value of the equipment, but serves solely as a guarantee against damages, loss, or unpaid invoices.

Article 7 – Dispute Resolution

In case of any dispute arising from this Agreement, the matter shall be referred to arbitration.
The mutually agreed arbitrator (arbitrator of choice) is Mr./Ms. ………………………………………….

This Agreement, consisting of ۷ articles and 1 note, has been executed in two original copies and is legally binding upon both parties.

First Party (Signature and Seal)
Second Party (Signature and Fingerprint)