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Damage Waiver Applicable

Damage Waiver Applicable indicates whether a damage waiver fee is added to a rental item.

1 min read·Updated September 2026

Definition

Damage Waiver Applicable indicates whether a damage waiver fee is added to a rental item.

Why it’s important

Limits renter liability for accidental damage and reduces disputes during asset returns.

How it works

When enabled, an additional damage waiver charge is applied according to predefined terms or percentages.

PREXA365 modules behind this term

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