Free Equipment Lease/Rental Agreement
An agreement in which one party leases equipment to another party for a period of time.
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Suppose you own a lawn care business and you have decided to rent out some of the extra equipment as an additional revenue stream. To communicate the terms and rates of your rental policy to your customers, you may consider using an Equipment Lease/Rental Agreement.
Using an Equipment Lease/Rental Agreement helps you organize the details of the lease, from the rental rate to the term of the arrangement. The agreement protects both the lessor (owner) and the lessee (party leasing the equipment) in the event one of the parties violates the terms of the rental agreement.
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