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Equipment Lease Agreement with Purchase Option (short form)

Use this template to prepare a short form Equipment Lease Agreement with 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.

The Equipment Lease Agreement with Purchase Option (short form) template is available as a fully editable MS Word document.

Download: Equipment Lease Agreement with Purchase Option (short form)

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Legal Forms & Documents > Equipment Sales and Leasing Forms

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