Terms
The rules of using forabit, in plain terms. Last updated 14 August 2026.
1What forabit is
forabit introduces people who own things to people who want to hire them, and handles the payment between them.
forabit is not part of the hire agreement. We don't own, inspect, store or transport anything listed here, and we never take possession of any item. The hire is between the owner and the renter.
2Your account
You need an account to hire or to list. Give us accurate details, keep your password to yourself, and be at least 18. One person, one account.
You can close your account whenever you like, from settings. What happens to your information when you do is set out in the privacy page.
3Listing something
Only list what you own, or are entitled to hire out. You're responsible for describing it accurately and for it being safe and legal to hire — which matters most for trailers, ladders, electrical equipment and anything towed.
You set the price, the deposit, and how long it can go out for. You choose who to accept, and you can decline anyone without giving a reason.
4What it costs
Renters pay $3.50 plus 15% of the hire price, on top. It's shown before you request and again before you pay.
Owners pay nothing. Listing is free, no fee comes out of the payout, and the price you set is the amount that reaches you when a hire finishes.
5Paying, and the deposit
The renter pays once the owner accepts. We hold the money and release it to the owner after the item comes back.
A deposit may be required. It is held, not taken — reserved on the renter's card for the length of the hire and released when the owner confirms the item came back. If a card can't hold it, the hire doesn't go ahead and the payment is reversed.
Hires run for at most 7 days, because a card only holds a deposit for about that long.
6If something gets damaged
There is no insurance and no guarantee. The deposit is the only protection on a hire, and it's capped at whatever the owner set. If something is damaged beyond that, or not returned at all, forabit does not cover the difference.
An owner can ask to keep part of the deposit, with a written reason. Nothing is taken for 3 days — the renter can agree, or disagree and have us look at it. If neither happens, it goes through.
7Cancelling
Either of you can cancel before collection, and a paid booking is refunded in full. Once an item is out on hire it can't be cancelled — it gets marked returned instead.
8What you can't do
Take payment outside forabit, list something you don't own or that isn't legal to hire, misrepresent an item, harass anyone, or use forabit to break the law. We can suspend or remove an account for any of it. Money you're already owed is still owed.
9Liability
Not written yet. This section needs drafting by a lawyer against the Australian Consumer Law, and putting something plausible-sounding here in the meantime would be worse than leaving it blank — you might rely on it.
What we can tell you now: your rights under the Australian Consumer Law apply whatever this page eventually says, and nothing here will take them away, because nothing can.
10Where this applies
New South Wales, Australia.
Questions about any of this: help@forabit.app.
