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Equipment Rental Agreement

Rent Details

Will rent be paid up front in a lump sum?

How often will rent be paid?

On what day of the month will succeeding payments be made?

When is the first payment due?

Rent amount:

$

Will interest be charged on overdue amounts?

Would you like to provide a grace period before the renter is considered late with a payment?

Is HST included in the rent?

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Damage Deposit

Will the renter provide a damage deposit?

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Option to Purchase

Will the renter have the option to purchase the equipment?

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Assignment

Is the renter allowed to transfer the lease to someone else?

Is the owner allowed to transfer the lease to someone else?

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