Loader Lease Agreement
It is common practice for construction companies to lease specialized construction equipment rather than purchase.
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Rental rates through leasing are often more appealing than the costs for purchasing equipment as well as the long term maintenance associated with equipment ownership. Between the purchase price, maintenance, depreciation, and storage, the total cost of owning heavy equipment is often prohibitive. The Loader Lease Agreement app should be used by a lessor and lessee to finalize lease options and obligations in a contract for leasing a loader which may be used in a construction site, during excavation, or on a mining site. Aspects of the contract that may be included are a loss damage waiver, deposit, financing options, rental period, rental payments, liability, and insurance details. The app can be easily customized so that the specific terms surrounding the equipment for lease are spelled out in an easy to use legal document.
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