Common use of Theft Clause in Contracts

Theft. FIRE- ACCIDENT The RENTER should immediately, if possible, report any loss or theft of the vehicle to the competent authorities and the LESSOR, within 24 hours from the beginning or discovery of the event. If the RENTER asks for a replacement vehicle, the Lessor must proceed with a new rental agreement and a new deposit to be held on customer’s credit card. The LESSOR may also claim the right not to proceed further in the execution of the CONTRACT, considering the cases of accident / theft / fire/ stop of the vehicle as a just cause to rescind the contract. In such a case the LESSOR waives the right for the payment of the rental tariff for the remaining contractual time. This amount will be refunded to the customer after having received a written request by him.If the customer waive the replacement car (which the Lessor want to provide ) he won’t have any right for a refund of the unused days.