A heavy equipment lease contract refers to a legal document whereby the owner of heavy equipment or machinery leases the equipment to a company pays a rent for it. Heavy equipment is needed by companies which are engaged in business like construction of roads, bridges, mining, drilling etc. The contract has a list of terms and conditions which must be followed by both the parties.

Sample Heavy Equipment Lease Contract:

This heavy equipment lease contract is entered on September 8, 2011 by and between the following parties:

LESSOR DETAILS

Name: Crystal Machines

Address: 893 Crossview, Dallas

Phone number: 4694728374

LESSEE DETAILS

Name: Madison Taylor

Address: 32 Street, Dallas

Phone number: 46917351426

TERM OF CONTRACT

1 year

TERMS AND CONDITIONS

  • The lessor hereby agrees to lease heavy equipment owned by it to the lessee for a period of 1 year.
  • The commencement date of the contract is August September 8, 2011 and it will end on September 8, 2012.
  • The lessee shall pay $800 per month to the lessor for using the heavy equipment.
  • The lessor agrees to give full rights and responsibilities to the lessee to use the equipment for construction work.
  • The lessee must ensure that the equipment is kept in proper working order and must bear the cost of servicing of the equipment regularly
  • The equipment cannot be removed by the lessee from the city without permission from the lessor.

Both parties understand and agree to the terms and conditions of this contract

Signature: Crystal Machines

Signature: Madison Taylor

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