Partnership Agreement

1. Scope

This agreement governs the relationship between Frankinero and an owner who makes a vehicle available for rental through us. It applies from the date we confirm your vehicle has been onboarded.

You remain the legal owner of the vehicle at all times. Nothing in this agreement transfers title, and we do not acquire any interest in the vehicle beyond the right to rent it out on your behalf.

2. Your obligations

As the owner you agree to:

• Hold valid registration and insurance permitting commercial rental use, and to provide evidence on request.
• Disclose any accident history, outstanding recalls or mechanical faults before onboarding and as they arise.
• Keep the vehicle in roadworthy condition and present it for scheduled servicing.
• Give at least 48 hours' notice when blocking dates for personal use, and not block dates already reserved by a renter.
• Notify us promptly if you sell the vehicle or your insurance lapses.

3. Our obligations

We agree to:

• List the vehicle, set pricing in consultation with you, and manage all customer contact.
• Screen every renter, verify their licence, and hold a security deposit before release.
• Clean and inspect the vehicle between rentals at our cost.
• Account to you accurately for every completed rental and pay out on the agreed schedule.

4. Revenue and payment

Rental income is split between us at the percentage stated in your onboarding confirmation. Our share covers listing, customer support, cleaning, payment processing and insurance administration.

Payouts are made monthly in arrears for rentals completed in the preceding calendar month. We deduct any amounts you owe us - for example the cost of repairs we have funded on your behalf - before remitting the balance.

Taxes on your share are your responsibility. We do not withhold on your behalf and you should take your own advice.

5. Damage, insurance and claims

Where a renter damages the vehicle, we pursue the security deposit and, where applicable, the renter's liability. Amounts recovered are applied to the repair cost.

Recovery is not guaranteed. Where a claim is declined or a shortfall remains, the balance falls to you as owner unless the loss arose from our negligence.

You must maintain your own insurance throughout. Our arrangements supplement your cover and do not replace it.

6. Term and termination

This agreement runs until either party ends it. You may withdraw the vehicle on 30 days' written notice, provided no confirmed booking falls inside that period; existing bookings must be honoured or bought out.

We may suspend or remove a listing immediately where the vehicle is unsafe, uninsured, or where you breach a material term.

7. Liability

Neither party excludes liability for death or personal injury caused by negligence, or for fraud.

Subject to that, our total liability to you in any twelve-month period is limited to the total revenue share paid to you in that period.

8. Governing law

This agreement is governed by the laws of the State of Florida, and the courts of Miami-Dade County have exclusive jurisdiction.

This is a template and not legal advice. Have it reviewed by an attorney before you rely on it - see the note in the project plan regarding legal review.