Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Equipment Lease Purchase Agreement
"Need an Equipment Lease Purchase Agreement for a fleet of 10 construction vehicles, with a 36-month lease term and purchase option after 24 months, starting from March 2025, including maintenance provisions and early termination options."
1. Parties: Identification of lessor and lessee with full legal details
2. Background: Context of the agreement and general commercial purpose
3. Definitions: Key terms used throughout the agreement
4. Equipment Description: Detailed specification of leased equipment
5. Lease Terms: Duration, payment schedule, and purchase option details
6. Delivery and Acceptance: Terms for equipment delivery and acceptance procedures
7. Maintenance and Use: Responsibilities for equipment maintenance and permitted use
8. Insurance: Required insurance coverage and responsibilities
9. Default and Remedies: Consequences of default and available remedies
1. Early Termination: Optional provisions for early termination rights and procedures
2. Assignment: Provisions governing the right to assign the agreement to third parties
3. Return Conditions: Specific conditions and requirements for equipment return at end of lease
4. Tax Provisions: Specific provisions addressing tax treatment and responsibilities
1. Equipment Schedule: Detailed list and specifications of equipment being leased
2. Payment Schedule: Detailed payment terms including amounts and dates
3. Acceptance Certificate: Form for confirming delivery and acceptance of equipment
4. Maintenance Schedule: Required maintenance procedures and intervals
5. Insurance Requirements: Detailed specifications for required insurance coverage
Authors
Find the exact document you need
Farm Equipment Lease Agreement
An English law agreement governing the lease of agricultural equipment between equipment owners and farmers.
Equipment Lease To Own Agreement
A contract under English and Welsh law enabling equipment lease with eventual ownership transfer upon completion of payments.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.