MALFIN LLC – Vehicle Rental Policy

This Rental Policy outlines the terms and conditions governing all vehicle rentals through MALFIN LLC. By signing the rental agreement or taking possession of a vehicle, the renter agrees to these terms in full.

1. Rental Obligations

• Renter must provide accurate personal information, a valid driver’s license, and proof of insurance.

• Only drivers listed and approved on the rental agreement are permitted to operate the vehicle.

• Renter is responsible for ensuring all information provided is truthful and current.

2. Payment Terms

• Total rental charges include the daily rental rate, applicable fees, Florida state tax (6%), and any applicable county taxes.

• A deposit is required prior to vehicle pickup.

• All outstanding balances must be paid when due. MALFIN LLC reserves the right to utilize collection agencies to recover unpaid balances if necessary.

3. Mileage & Overage

• Standard mileage allowance: 200 miles per day.

• Excess mileage is billed at $0.50 per mile.

4. Vehicle Use Restrictions

Vehicles rented from MALFIN LLC may not be used for:

• Any unlawful activity

• Racing, speed contests, or reckless driving

• Towing or pushing other vehicles

• Off-road driving or unpaved terrain

• Smoking inside the vehicle

• Transporting illegal substances

Violation of these restrictions may result in immediate termination and additional fees.

5. Damage, Loss & Deductible

• Renter is financially responsible for any damage, loss, or theft of the vehicle during the rental period.

• Standard accident deductible: $2,500.

• Lost, damaged, or stolen keys incur a $600 fee.

• MALFIN LLC may repossess the vehicle at any time if fees remain unpaid or rental terms are violated.

6. Late or Improper Returns

• Late return fee: $250 per hour.

• Improper return fees:

  • $350 in-state

  • $5,000 out-of-state

• Vehicles must be returned at the agreed location and in the same condition as received.

7. Insurance Requirements

• Renters must provide proof of full-coverage personal auto insurance, or they may purchase MALFIN LLC’s approved third-party coverage.

• Insurance must be verified before the rental begins.

• Failure to provide valid coverage prohibits the rental from proceeding.

8. Liability Waiver

• Renter assumes full responsibility for all damages, fuel charges, cleaning fees, and any other costs incurred during the rental.

• MALFIN LLC is not liable for personal injury, property damage, loss of personal items, or any other damages incurred during the rental period.

9. Repossession & Vehicle Conversion

• MALFIN LLC may repossess the vehicle at its discretion if the renter violates any rental terms or fails to meet payment obligations.

• If payment is not received within 1 day after the rental period ends, the vehicle may be considered stolen, and MALFIN LLC may file an official police report for vehicle theft/conversion.

10. Governing Law

This agreement is governed by the laws of the State of Florida, and all disputes shall be resolved pursuant to Florida statutes and within its jurisdiction.