Comprehensive lease agreement suitable for renting out
small plant such as a portable generator or a compactor plate
to a business
About this document
These are all-inclusive agreements to lease any type of plant or machinery, from a sugar mill to an alarm clock. As with most Net Lawman documents, they protect the interests of the lesser more so than the lessee. We suggest you not use these documents for a lease to a "consumer" purely because they do not cover the enormous amount of consumer protection law.
These documents have been drafted for all eventualities. You simply pick from the documents, then further pick the most appropriate clauses within the documents - that way, you have less to edit and less worry.
Who will use these documents?
any individual or company wanting to give or take on lease any equipment, machinery, vehicle of any sort or a big industrial construction plant for a fixed or extendable period.
Application
and features
Suitable for any trade, industry or business
Contains alternative provisions in simple English
Documents you can understand
Contents
Details of lease rentals and subject matter of lease
Testing and checking of subject matter by the lessee-conditions of acceptance
Prohibition on selling and subletting
Termination, premature termination and its consequences
Optional provision for deposit by the lessee of additional security in cash or goods
Detailed repair and maintenance provisions
Covers essential matters such as insurance: lessee insures in name of the lesser
Provision for purchase of subject matter by the lessee during the period of lease
Option to extend lease term
Itemised prohibited activities
Other provisions to protect your interests
Word
Count (approximate):
Document: 2570
words
Explanatory notes:
910
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
