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An equipment lease is a contract that outlines how an owner of equipment will rent it out to another person (the "renter" or "lessee"). Before you sign, learn more about the important elements that appear on a generic home lease agreement.

The equipment lease agreement regulates a precise understanding of the arrangement allowing an individual or business to utilize a piece of equipment for a . An equipment lease is a contract that outlines how an owner of equipment will rent it out to another person (the "renter" or "lessee"). An equipment lease agreement is between a lessor, the owner of the equipment, and a lessee who agrees to pay rent for the equipment to use for a specified .