This type of agreement made between Lessor and Lessee regarding tangible equipment and personal property under some terms and condition with the notice of equipment type and condition. MS word template normally been use for this type of agreement.
Any type of legal document, some importance detail must be considered for resolving any further communication, trouble issues. Many companies before sign in agreement must communicate through Call, face to face meeting or other source for realizing primary terms and condition and documentation files.
Clause in Lease Agreement Template for Equipment
- Lease-Description of Property
- Disclaimer of warranties and waives of defenses
Both of person has this statement copy, which cancelled by the time mentioned in it, if you are involving third party agent, than this is more suitable for your equipment safety.