About
Community
Bad Ideas
Drugs
Ego
Erotica
Fringe
Society
Law
... and Justice for All
High Profile Legal Cases
Legal Forms
Technology
register | bbs | search | rss | faq | about
meet up | add to del.icio.us | digg it

Lease of Personal Property





LEASE OF PERSONAL PROPERTY

1. PARTIES. This agreement is made ________,19__ between
_______________, of ______________, herein called "Lessor," and
______________, of ________________, herein called "Lessee."

2. LEASE OF EQUIPMENT. For and in consideration of the
covenants and agreements hereinafter contained, to be kept and
performed by lessee, lessor has leased and does hereby lease to
lessee the personal property known and described as follows:


hereafter designated as equipment, to have and to hold the same
unto Lessee for the period of______ months commencing from
___________________.

3. DELIVERY AND RETURN OF PROPERTY. Lessor shall
deliver equipment to_______________________ , freight
prepaid. At the end of the term thereof Lessee shall return
equipment freight prepaid to Lessor at the place from which
equipment was shipped in as good condition as exists at the
commencement of the term, reasonable wear and tear in respect
thereto expected.

4. RENT. Lessee shall pay as rent for the leasing the
sum of $_____________ at the office of Lessor at________________
in ________________ monthly installments of________ each,
payable in advance on the first day of the month beginning
with___________, plus ________ to be paid as the last
payment.

5. RESERVATION OF TITLE. Equipment and all parts
thereof shall, unless a purchase thereof is made as is herein
provided and until full payment of such purchase price and all
interest which may be due thereon is made in cash to the Lessor,
retain its character as personal property and the title thereto
shall not pass to Lessee but shall remain in Lessor.

6. REPOSSESSION. If Lessee shall sell, assign or
attempt to sell or assign, equipment or any interest therein, or
if Lessee defaults in any of the covenants, conditions or
provisions of this Lease, it is agreed that Lessor may
immediately and without notice take possession of equipment
wheresoever found and to remove and keep or dispose of the same
and any unpaid rentals shall at once become due and payable.

7. LOCATION AND USE. Lessee shall use equipment only in
_______________________ and shall not at any time remove the same
______________________ from the place ________________________
except in returning the same to Lessor or except as may be
permitted by Lessor by consent thereto in writing.

8. INDEMNIFICATION OF LESSOR. Lessee shall and does
hereby agree to protect and save Lessor harmless against any and
all losses or damage to equipment by fire, flood, explosion,
tornado or theft and Lessee shall and does hereby assume all
liability to any person whomsoever arising from the location,
condition or use of equipment, and shall indemnify Lessor of and
from all liability, claim and demand whatsoever arising from the
location, condition, or use of equipment whether in operation or
not, and growing out of any cause, and from every other
liability, claim and demand whatsoever during the term of this
Lease or arising while equipment is in the possession of Lessee.
Lessee also agrees to promptly reimburse Lessor, in cash, for any
and all personal property taxes levied against equipment and paid
by Lessor.

9. TIME OF ESSENCE. Time is the essence of this
agreement.

10. NO ASSIGNMENT. Neither this Lease and agreement nor
any right or interest thereunder shall be assigned by Lessee in
any respect whatsoever.

11. CHOICE OF LAW. This Lease and agreement shall be
deemed to have been executed and entered into in the State of
____________ and shall be construed, enforced and performed in
accordance with the laws thereof.

12. EXCLUSION OF ORAL STATEMENTS. This instrument
contains all of the agreements of the parties. No oral or other
statements shall be binding on either of the parties hereto.

13. GUARANTY. All parts of this equipment are
guaranteed against defective parts or workmanship for a period
of ninety (90) days from date of delivery and any parts returned
to factory freight prepaid will be replaced free of charge if
found defective.

[Lessor] [Lessee]


By____________________________ By____________________

_______________________[Title] ________________[Title]



Form 220

 
To the best of our knowledge, the text on this page may be freely reproduced and distributed.
If you have any questions about this, please check out our Copyright Policy.

 

totse.com certificate signatures
 
 
About | Advertise | Bad Ideas | Community | Contact Us | Copyright Policy | Drugs | Ego | Erotica
FAQ | Fringe | Link to totse.com | Search | Society | Submissions | Technology
Hot Topics
Hinchey Amendment
why UK accepts US subjugation and infiltration?
Why Marxism IS Economically Exploitive...
Situation in Turkey
Putin not playing nicely
So, I hear they have Mcdonalds in China...
china? russia? usa?
I have created..
 
Sponsored Links
 
Ads presented by the
AdBrite Ad Network

 

TSHIRT HELL T-SHIRTS

 
www.pigdog.org