Commercial Equipment Lease / Industrial Equipment Hire Rental Agreement / Lease of Chattel

When To Use This Document:

Use this Commercial Equipment Lease (sometimes known as a Lease of Chattel) when the owner of certain commercial equipment or machinery (the lessor) wishes to rent the equipment to another party (the lessee) for a fixed rental amount over a fixed rental period. At the end of the contract the lessee may extend the rental period or simply hand the equipment back to the owner.

The document sets out the rental schedule, maintenance responsibilities and the owner’s options should the lessee default.

A solid Commercial Equipment lease can protect your investment by defining your relationship with the lessee and shielding you from potential liability. In fact, a well-crafted lease should be the foundation for the ongoing relationship between the Lessor and your Lessee. Our professional lease documents and easy to follow instructions give you the confidence that your interests are protected.

Your professionally drafted, easy to use commercial equipment lease agreement is available for immediate download. The document comes to you as a Microsoft Word and PDF template that can be used as often as you like. Simply insert the correct information in the appropriate field and tab to the next. Now print your professional agreement!

This Document Accounts for the Following Provisions:

Sample Document Excerpt: