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Equipment Lease basics

Whether you're interested in borrowing some gear for a project, or your organization is looking to rent out equipment, equipment leasing with our rental form will make the term of your arrangement clear. You'll want to complete your equipment lease agreement before the equipment changes hands. That way, if either party has any questions or concerns, you can refer to your lease agreement to resolve things.

Use the Equipment Lease document if:

  • You own equipment which will be leased to another person or organization.
  • You want to lease equipment from a person or organization.

An equipment lease names the conditions under which one person or organization can rent equipment from another. It explains the rights and obligations of both parties, and includes details like the owner's and borrower's names, a description of the equipment, who's responsible for repair costs, which party is liable for injuries, and more. Equipment leases are sometimes called equipment lease agreements, equipment lease forms, or equipment lease contracts.

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Sample Equipment Lease

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