| Equipment Lease Agreement with Purchase Option (short form) ($12.50) | |
Use this template to prepare a short form Equipment Lease Agreement with a purchase option (also called rent to own or hire purchase). Provisions include (among others):
- ownership of equipment to remain with the lessor during the term of the lease;
- lessor has a right to inspect the equipment during the lease;
- taxes on equipment to be paid by lessor;
- no warranty or guaranty given by lessor;
- lessee is responsible for maintaining insurance on the equipment during the lease.
This is a generic legal document in MS Word format, and is not specific to any country or region.
Click here to download this file.
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