A template?
So, I got to meet James for the first time today. Seems like a great guy, but doesn't get a lot of time to work on his car (a brown '79), nor time to come play on club type events, at least so far. I'll work on getting him out, these cars are meant to be enjoyed, and it's more fun with shared passions with others. Besides, you can't share knowledge when you don't meet and being able to leverage the knowledge (and tools) of others is a beautiful thing.
Anyways, for what it's worth, since I hadn't met him before I made an agreement and had him sign. I'll put it here in case anyone else wants to use it as a template for loaning tools...
Tool Loan Agreement
I, ____________________________ (borrower), residing at
<ADDRESS>(home phone: xxx-xxx-xxxx, cell phone: xxx-xxx-xxxx) acknowledge that I am borrowing a <tool description, for example: FIAT SOHC valve spring adjustment tool and shim kit. This tool consists of blue case containing Qty 3 “Starker 4119” hook-type tools, and approximately 62 shims of varying thicknesses.> I promise to return this tool kit in a reasonable timeframe and in good working order and condition the same as borrowed to __________________ (lender), residing at
<address> (home phone: xxx-xxx-xxxx cell phone: xxx-xxx-xxxx)
_______________________________________________________________
Signature of borrower Date