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Equipment Lease

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Sample Equipment Lease Form Template
Equipment Lease Basics

Whether you're interested in borrowing some gear for a project, or your organization is looking to rent out equipment, creating an Equipment Lease makes the terms of your arrangement clear. You'll want to set out your Equipment Lease 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.

You can use an Equipment Lease to specify the conditions under which one person or organization can rent equipment from another person or organization. This agreement explains the rights and obligations of both parties with regard to the equipment. When creating your Equipment Lease, you'll want to include details like: the name of company, representative or individual who owns the equipment; the name of company, representative or individual who will be borrowing the equipment; a description of the equipment; the cost of the lease, and how payments will be made; the security deposit; who's responsible for repair costs; whether the lessee can alter the equipment; whether the lessor can inspect it; which party is liable for injuries; any warranty provisions; any subletting policies; whether arbitration will be used to settle disputes, and more. We'll help you create your Equipment Lease with step-by-step guidance along the way.

Other names for this document: Equipment Lease Agreement, Equipment Lease Form, Equipment Lease Contract

Sample Equipment Lease

More than just a template, our step-by-step interview process makes it easy to create an Equipment Lease.

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