Terms Used In Iowa Code > Chapter 516D - Rental of Motor Vehicles

• Account: means the same as defined in section 554. See Iowa Code 554E.1
• Advertisement: means the attempt by dissemination, solicitation, or circulation to directly or indirectly induce any person to enter into any obligation or acquire any title or interest in land offered for sale or lease to the public in this state. See Iowa Code 543C.1
• Authorized driver: means any of the following:
   a. See Iowa Code 516D.3
• Collision damage waiver: means a contract or contractual provision, whether separate from or a part of a rental agreement, whereby the rental company agrees, for a charge, to waive claims against an authorized driver for all, or any portion of, damages to the rental vehicle, loss due to theft of the rental vehicle, or damages resulting from the loss of use of the rental vehicle. See Iowa Code 516D.3
• Contract: means the same as defined in section 554D. See Iowa Code 554E.1
• Contract: A legal written agreement that becomes binding when signed.
• Customer: means a person entering into a rental agreement and obtaining the use of a rental vehicle from a rental company under the terms of the rental agreement. See Iowa Code 516D.3
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Estimated time for repair: means a good faith estimate of the reasonable number of hours of labor, or fraction of an hour, needed to repair a damaged vehicle or damaged vehicle parts. See Iowa Code 516D.3
• Estimated time for replacement: means the number of hours of labor, or fraction of an hour, needed to replace damaged vehicle parts as set forth in collision damage estimating guides generally used in the vehicle repair business and commonly known as crash books. See Iowa Code 516D.3
• Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
• following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
• hard surface roadways: includes , but is not limited to, all regularly maintained gravel-covered surfaces. See Iowa Code 516D.3
• person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
• Placing a block: means any procedure or mechanism which reserves a specified amount of the customer's otherwise available credit on the customer's credit or charge card account so that the amount is not available for future credit purchases. See Iowa Code 516D.3
• property: includes personal and real property. See Iowa Code 4.1
• Rental agreement: means a written contract containing the terms and conditions for the use of a rental vehicle by a customer for a term of sixty days or less. See Iowa Code 516D.3
• Rental company: means a person in the business of providing rental vehicles to customers. See Iowa Code 516D.3
• Rental vehicle: means a private passenger type vehicle which, upon the execution of a rental agreement, is made available to a customer for the customer's use or other authorized driver's use. See Iowa Code 516D.3
• Sale: means any sale, offer for sale, or attempt to sell or lease any land, to the public in this state, for cash or on credit. See Iowa Code 543C.1
• state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
• Transaction: means a sale, trade, exchange, transfer, payment, or conversion of a digital asset or any other property or any other action or set of actions occurring between two or more persons relating to the conduct of business, commercial, or governmental affairs. See Iowa Code 554E.1
• United States: includes all the states. See Iowa Code 4.1
• Vehicle license recovery fee: means a charge that may be separately stated and charged on a vehicle rental transaction originating in this state to recover fees paid to this state by a rental company to license, title, register, and plate rental vehicles. See Iowa Code 516D.3
• year: means twelve consecutive months. See Iowa Code 4.1