The term 'rental term' refers to how long a responsible person rents or leases a piece of rental equipment. The majority of rental agreements are for a limited period, such as month-to-month. A typical rental length looks to be roughly 12 months; however, you can easily arrange a 6-month term to suit either party's needs. It's always best to start with a 6-month rental and then upgrade to a 12-month one if everything goes smoothly.