Movables or Equipment Lease Agreement | Property and Equipment Lease Contract

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Included in this Contact

This Movables or Equipment Rental Agreement is perfectly suited to rent out any movable object such as medical, commercial, heavy, film or photography equipment and vehicles or items of any size.

It includes all the basic aspects of a Movables Lease Agreement including:

  • Specification of rental price;
  • How often and when rental is to be paid;
  • What is the item to be leased;
  • When the item is to be returned;
  • Penalty interest for any late payments;
  • How long the Movables Lease Agreement will run for;
  • Whether and on what terms the Parties may renew the Lease Agreement;
  • Breach provisions;
  • Dispute Resolution Provisions;
  • Warranties of both the Lessor and the Lessee;
  • Provisions pertaining to if the item is damaged by the Lessee.

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Further Reading

Read more about How to Reduce and/or Postpone your Rental Payments due to Covid-19/Lockdown, click here

Barter McKellar Law

This document is supplied by Barter McKellar Law.

Barter McKellar is a boutique law firm which offers bespoke legal solutions that make legal, personal and business sense. We practice law because we thrive off solving legal problems (simple or complex) and providing our clients with peace of mind. No matter what your legal needs are, we are able to assist you as a trusted legal partner. We pride ourselves on giving our clients the best legal advice and legal solutions that make practical and commercial sense. We give you the tools and guidance that you need to help you and your business grow and our services and fees are tailored to suit your specific needs