# NFT Rentals

Rent unique NFTs and enjoy their benefits without buying!

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**DAOLama** enables all service users to rent NFT. NFT lease is backed by a smart contract, which makes the lease secure. The rented NFT is transferred to the renter's personal wallet, which allows to use the full functionality of the rented NFT.

## How does it work?

### Landlord

* Connect your wallet

  Authorise on the site using Tonkeeper or TON Wallet
* Specify the deposit

  If you fail to return the NFT after the rental period expires, you will be refunded at least the amount of the deposit. Set the deposit above the NFT flor to protect yourself from scammers
* Place an advert

  Select and submit your NFT on our smart contract
* Get a TON

  Receive a TON immediately after your NFT is rented out

### To the Lessee

* Connect your wallet

  Log in with Tonkeeper or TON Wallet
* Select the NFT

  Choose the NFT you want to rent
* Leave a deposit

  Leave a deposit, which will be held on a smart contract until the NFT is rented.
* Take the NFT to your wallet

  Receive the NFT to your wallet
* Return the NFT to the lessor

  At the end of the lease, return the NFT and get your deposit back

## Frequently Asked Questions (FAQ) on NFT hire

**1. How to lease NFT on DAOLama?**

To lease an NFT, select an asset on the platform, specify the lease term and follow the instructions to complete the transaction. The lease will be processed through a smart contract for your security.

**2. What happens to the leased NFT?**

Once the lease is complete, the leased NFT will be temporarily transferred to your personal wallet, allowing you to use the full functionality of the asset for the duration of the lease.

**3. What is the minimum and maximum length of an NFT lease?**

The minimum lease duration is , and the maximum is . Details of the terms can be found on the specific NFT page.

**4. What kind of NFTs are available for rent?**

DAOLama offers a variety of NFTs for rent, including in-game, collectible and unique assets. The list of available NFTs is updated regularly and you can familiarise yourself with it at [daolama.co](https://daolama.co/).

**5. Can I renew my NFT lease?**

Yes, you can renew your NFT lease if the asset is available. To do so, contact the landlord and arrange a new agreement for the desired term.

**6. What are the security terms of an NFT lease?**

All leases are evidenced by smart contracts, ensuring the transaction is secure and protected for both the tenant and the landlord.

**7. What happens if I don't return the NFT on time?**

If the NFT lease is not returned on time, the loan will go to the landlord and the NFT will remain with the tenant.


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