Brief About an Equipment Rental Agreement In an equipment rental contract, the owner of the equipment, otherwise called as lessor, lets a person use the equipment for a given period. The lessor is compensated in return with a monetary consideration. An equipment lease agreement shall be short term and long term. In the case of […]
A Brief Introduction About the Equipment Lease Agreement An equipment lease agreement is a special type of contractual agreement in which the lessor (the owner of the agreement), can allow the lessee (the one availing the agreement) to make use of the available equipment for a specific period in exchange for some period payments. Once […]