A equipment hire agreement is a legal contract between a company and an individual that outlines the terms of the equipment rental. The agreement should include the length of the rental, the price, the equipment to be rented, and any other pertinent information. The agreement should also outline the responsibilities of both parties, and any legal liability that may arise from the use of the equipment.
This is an agreement between two businesses for the hiring of equipment, drafted from the perspective of the lessee. It includes an optional clause that gives the lessee the right to purchase the equipment at the end of the term, making it a hire purchase agreement.
A lease for a portion of an office building.
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