Structure of the equipment leasing agreement
Posted: Thu Jan 23, 2025 7:33 am
The leasing agreement is always drawn up in writing. The procedure for its conclusion is determined by the law on financial leasing, which includes requirements for the content of the agreement, in which:
the characteristics of the property acquired chile mobile phone numbers database on lease are indicated;
The lessor undertakes to purchase this property for subsequent lease.
The lessee undertakes to accept the property and make regular payments.
The contract can also specify whether it can be extended. In this case, further renting can take place under different conditions.
A mandatory stage of the transaction is the conclusion of a purchase and sale agreement between the parties. As a rule, it is drawn up together with the leasing agreement.
In some cases, the buyer turns to an agent, who becomes his intermediary during the transaction. Often, agents receive a commission from the leasing company for attracting clients. In this case, the company mainly works with clients that are provided to it by the agent acting in the interests of the buyer.
Other possible parties to the transaction include an insurance broker responsible for selecting the best property insurance offer, as well as a lawyer who prepares the leasing agreement and oversees its implementation.
Payment requirements for leasing
It is extremely important to note in the text of the leasing agreement the need to make payments strictly within the established deadlines. Failure to comply with this requirement may lead to the termination of the agreement. This usually happens if the client has two consecutive delays.
the characteristics of the property acquired chile mobile phone numbers database on lease are indicated;
The lessor undertakes to purchase this property for subsequent lease.
The lessee undertakes to accept the property and make regular payments.
The contract can also specify whether it can be extended. In this case, further renting can take place under different conditions.
A mandatory stage of the transaction is the conclusion of a purchase and sale agreement between the parties. As a rule, it is drawn up together with the leasing agreement.
In some cases, the buyer turns to an agent, who becomes his intermediary during the transaction. Often, agents receive a commission from the leasing company for attracting clients. In this case, the company mainly works with clients that are provided to it by the agent acting in the interests of the buyer.
Other possible parties to the transaction include an insurance broker responsible for selecting the best property insurance offer, as well as a lawyer who prepares the leasing agreement and oversees its implementation.
Payment requirements for leasing
It is extremely important to note in the text of the leasing agreement the need to make payments strictly within the established deadlines. Failure to comply with this requirement may lead to the termination of the agreement. This usually happens if the client has two consecutive delays.