About this document:
This lease agreement covers lease of equipment including computers. Though designed primarily to protect the interests of the owner, both sides can have a fair deal. The essence of this agreement is to make sure each side fulfills its bargain to the other. In our document both sides get what they expect.
Who will use this document?
Any one wanting to let out equipment including computers for business, office, workshop, factory, shop, bank and/or similar use;
Key features:
· all usual basic provisions to protect your interest;
· sub letting not allowed;
· explanatory notes to cover every issue including need for stamp duty and registration;
· flexible to suit peculiar situations;
These documents include provisions for:
· compliance with relevant laws;
· rent: choice of payment for the entire period of lease or monthly in advance;
· Retention Money; Security Deposit;
· user charges;
· payment provisions: all payments the tenant might have to make;
· use allowed: including list of prohibited activities;
· premature termination;
· inspection by Lessor; to view or show prospective lenders or buyers;
· Condition and Repairs:
· insurance:
· dispute resolution.
