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Equipment Lease Agreement
Free equipment lease agreement template for renting business equipment or machinery.
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This free equipment lease agreement covers 1. Lease Term, 2. Rent, 3. Use, 4. Condition and Maintenance, 5. Insurance with 10 clearly marked [placeholder] fields to fill in — built for founders, freelancers, and small business owners formalizing a business decision or agreement without paying a lawyer to draft it from scratch. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
Equipment Lease Agreement
Lessor: [Name] (owns the equipment) Lessee: [Name] (rents the equipment) Equipment: [Description, make/model, serial #] Date: [Date]
1. Lease Term
This lease runs from [Start Date] to [End Date].
2. Rent
Lessee will pay [Amount] per [period], due [Terms].
3. Use
Lessee will use the equipment only for [Intended purpose] and only at [Location, if restricted].
4. Condition and Maintenance
Lessee accepts the equipment in its current condition and will maintain it in good working order, normal wear excepted. Lessee is responsible for damage beyond normal wear.
5. Insurance
Lessee will maintain insurance covering the equipment's replacement value during the lease term.
6. Return
Lessee will return the equipment at lease end in the condition received, normal wear excepted, or pay for repair/replacement.
7. Default
If Lessee fails to pay rent or misuses the equipment, Lessor may repossess it and pursue damages.
Lessor: ______________________ Date: ____________ Lessee: ______________________ Date: ____________
*This document is provided for informational and educational purposes only and does not constitute legal advice. For expensive or specialized equipment, consider requiring a security deposit and a documented condition report (with photos) at both pickup and return.*
Edit directly in the box above. Download PDF anytime — the docstoc.io footer is always included and cannot be removed.
What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 7 standard sections: 1. Lease Term, 2. Rent, 3. Use, 4. Condition and Maintenance, 5. Insurance, 6. Return, …
- 10 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Early-stage businesses
Getting the basics documented before things get more complex.
FAQ
Is this equipment lease agreement template really free?
Yes. Like every template in docstoc's library, this equipment lease agreement is free to use, with no account or signup needed to view, edit, or download it.
What does this equipment lease agreement cover?
This business template includes 1. Lease Term, 2. Rent, 3. Use, 4. Condition and Maintenance. Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. Templates like this cover the common ground most businesses need, but they can't anticipate your specific deal terms, jurisdiction, or industry rules. Treat it as a first draft to build from, and get a business attorney's eyes on it before signing anything that matters.
Can I edit the wording?
Yes. All 10 placeholder fields and every clause are editable right on the page — change what doesn't fit, then download an updated PDF anytime.
Where can I find more free templates like this?
Browse more free business and related document templates in the docstoc library at /document-templates/.
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