What is a Dry Hire Agreement?

A dry hire agreement outlines the specifics of a deal where one party rents out equipment to another. If you operate a party business in New Zealand and plan to provide party supplies or equipment for hire, then a Dry Hire Agreement can safeguard your business and minimize your liability. 

In certain situations, businesses in New Zealand might want to earn additional income by also offering their services to operate the equipment or machinery being rented - in this case, a Wet Hire Agreement would be necessary.