Leasing Agreements

A leasing agreement is a contract where one party (the lessee) agrees to rent property or equipment from another party (the lessor) for a set period and regular payments. It allows the lessee to use the asset without owning it, often with options to buy or renew at the end. Leases are common for vehicles, real estate, or business gear, providing flexibility and avoiding large upfront costs. The agreement details payment terms, responsibilities, and conditions for both parties, helping ensure clear expectations and legal protection throughout the lease term.