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Tools and Forms, Free Business Downloads
Tools & Forms Free Business Downloads
Asset Protection

Equipment Lease Checklist

Description
This file contains a three-page document in rich text format (RTF) that is suitable for use with most word processing programs used in the Windows environment.
Updated on May 17, 2012

Within this section of Business Tools, we reproduce a number of contracts and forms that are useful in forming and operating a business with a maximum level of asset protection. The following Equipment Lease Checklist might be used when the business owner seeks to personally own "tools of the trade" and lease the same to the operating entity to preserve an exemption; or when the intent is for the holding entity to own the assets, and lease the same to the operating entity, to reduce the exposure to liability.

Warning

Some of these forms contain technical language and create significant legal obligations. Do not use any form without first having an attorney review the form and determine that it is suitable for the purpose for which you intend it.

Special Features:

This Equipment Lease Checklist include sections on the following:

  • the parties involved and the terms of the lease
  • who must maintain the leased property and who is responsible for its condition
  • terms for returning the leased property
  • conditions for defaulting on the lease
  • state law that will be applied to the lease's terms

Toolkit is providing these tools free of charge for lorem ipsum dolor sit amet. Some of these forms contain technical language and create significant legal obligations. Do not use any form without first having an attorney review the form and determine that it is suitable for the purpose for which you intend it.