Excavator Lease Agreement
Excavators are a piece of heavy equipment used on construction sites to dig trenches, holes, and foundations.
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Their size and power help them to complete these tasks quickly and efficiently. In addition to digging, the excavator can be used for demolition, dredging rivers, material handling, or just simply heavy lifting of objects. It is a versatile piece of equipment that is important to have on a construction site. Contractors may decide to lease the equipment as supposed to purchasing it if the lease terms make sense. The Excavator Lease Agreement app should be used by both the lessor and lessee to define the terms of the lease of the heavy equipment. The app will hold the entire agreement including the lease payments, security deposit, insurance for loss or damage and other insurance coverage. Contractors should determine if it makes more sense renting, purchasing, or leasing the equipment based on the duration and type of needs.
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