Telescopic Handlers Lease Agreement
The Telescopic Handler is a versatile type of heavy equipment commonly used in construction, industry, and agriculture.
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They are, essentially, a hybrid of a crane and forklift in that they function as a forklift but have a telescoping arm similar to a crane. They are often part of a fleet of construction equipment leased by construction companies. These companies opt to lease the equipment rather than purchase because they often require expensive maintenance over the long term and this allows the company to lease new equipment with improved technology when the lease term expires. The Telescopic Handlers Lease Agreement app should be used when a construction company is interested in using the equipment long term but does not want to purchase. It will outline standard contract terms between the lessor and lessee such as monthly payments, how many years the lease will continue, insurance for the heavy equipment, and maintenance details.
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