Question 1

What does a custom equipment lease agreement include?

Accepted Answer

Your custom equipment lease agreement will include:

• Description of leased equipment and identification details
• Lease term, renewal options, and payment schedule
• Maintenance and repair responsibilities
• Insurance requirements and risk of loss provisions
• Default events and remedies (including repossession)
• Return conditions and acceptance criteria
• Early termination provisions and penalties
• Tax responsibilities and late payment fees
• UCC filing and secured interest protections

Each section is tailored specifically to your equipment type, business model, and operational needs.

Question 2

How quickly will I receive my agreement?

Accepted Answer

Standard delivery is 3 business days from when we receive your completed questionnaire. Express delivery (1 business day) is also available for an additional fee.

After checkout, we'll email you a detailed questionnaire to capture specifics about your equipment, lease terms, payment structure, and any special requirements. Once you submit those details, our attorneys begin drafting immediately.

Question 3

Who actually drafts my equipment lease agreement?

Accepted Answer

Your agreement is drafted by licensed US attorneys with experience in commercial leasing and asset protection. Our team includes attorneys who have worked on leases for:

• Manufacturing and industrial equipment
• Technology and IT infrastructure
• Medical and healthcare devices
• Construction and heavy machinery
• Fleet vehicles and transportation assets

Every agreement is custom-drafted from scratch—we never use generic templates.

Question 4

What information do you need to draft my lease?

Accepted Answer

After checkout, we'll send you a comprehensive questionnaire covering:

• Equipment details (type, model, serial numbers, value)
• Lease structure (term length, payment schedule, security deposit)
• Maintenance and repair responsibilities
• Insurance requirements and minimum coverage
• Default events and remedies you want to enforce
• Return conditions and end-of-lease options
• State-specific requirements and UCC filing needs
• Any special provisions or concerns

The questionnaire typically takes 10-15 minutes to complete and ensures we capture all necessary details.

Question 5

Are revisions included if I need changes?

Accepted Answer

Yes, one round of revisions is included at no additional charge. After you review the initial draft, you can request changes, additions, or clarifications. We'll incorporate your feedback and deliver the updated agreement.

If you need additional rounds of revisions or want to consult with an attorney about complex changes, we offer optional consultation packages.

Question 6

Can I speak with an attorney about my lease?

Accepted Answer

Absolutely. While the base service includes drafting and one round of revisions via email, you can add a consultation package to discuss your agreement with the drafting attorney.

This is helpful if you want to understand specific clauses, discuss negotiation strategies, or explore alternative lease structures.

Question 7

How is this different from using a lease template?

Accepted Answer

Templates are generic and require significant legal knowledge to adapt properly. Most businesses miss critical provisions like:

• Proper risk of loss allocation
• Enforceable maintenance schedules
• State-specific UCC filing requirements
• Tax and personal property considerations
• Remedies that actually work in your jurisdiction

Our custom agreements are drafted specifically for your equipment type, lease structure, and business needs—ensuring every provision is relevant, enforceable, and protective.

Question 8

What types of equipment can be covered?

Accepted Answer

We draft leases for virtually any type of equipment, including:

• Manufacturing machinery and production equipment
• IT infrastructure, servers, and technology
• Medical devices and healthcare equipment
• Construction equipment and heavy machinery
• Fleet vehicles and transportation assets
• Office equipment and furniture
• Agricultural equipment
• Point-of-sale and retail systems

If you're leasing it, we can draft an agreement for it.

Question 9

Can this be used for multiple pieces of equipment?

Accepted Answer

Yes. We can structure your lease in several ways:

• Single lease covering multiple specified items
• Master lease with equipment schedules (ideal for ongoing additions)
• Fleet lease covering multiple vehicles or units
• Equipment category lease with flexible schedules

A master lease with schedules is particularly efficient if you plan to lease additional equipment in the future—you can simply add new schedules without redrafting the entire agreement.

Question 10

Does this comply with state laws and UCC requirements?

Accepted Answer

Yes. Your agreement is drafted to comply with:

• Applicable state commercial law requirements
• UCC Article 9 (secured transactions) provisions
• State-specific personal property lease regulations
• Tax and title requirements in your jurisdiction

If UCC filing is advisable for your situation, we'll include appropriate language and can guide you on the filing process.

Question 11

What if I need to amend the agreement later?

Accepted Answer

Business needs change, and we can help. If you need to modify terms, add equipment, or address new circumstances after the initial agreement is finalized, we offer amendment services at a reduced rate for existing clients.

Common amendments include extending lease terms, adjusting payment schedules, or adding new equipment schedules.

Question 12

What happens after I receive the final agreement?

Accepted Answer

You'll receive your finalized agreement in Word and PDF formats. We recommend:

1. Having both parties sign the agreement (electronic or physical signatures work)
2. Filing any required UCC forms with your state (if applicable)
3. Maintaining copies for your records and tax purposes
4. Providing a copy to your insurance carrier if required
5. Attaching equipment schedules and any supporting documentation

We'll provide guidance on execution and filing as part of your final delivery package.

Custom Equipment Lease
Agreement

How it works

Form & Checkout

We Draft

Review & Finalize

Why This Custom Equipment Lease Works

Tailored to Your Assets

Risk & Insurance

Clear Payments

Default & Remedies

Scalable Schedules

Amendments & Support

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Custom Equipment LeaseAgreement