Financial lease contract concept
The subject of a lease contract is the three parties, namely the lessor (buyer), the lessee and the seller (supplier). Under a financial lease, the lessee requires the lessor to finance the purchase of equipment needed by the lessee, and then the supplier directly delivers the equipment to the lessee. Its legal characteristics are:
1. Different from the sales contract, the seller of the financing contract performs the obligation to deliver the subject matter and defect guarantee to the lessee, rather than perform its obligations to the buyer (lessor), that is, the lessee enjoys the rights of the buyer but does not assume any liability. Obligations of Buyer.
2. Unlike a lease contract, the lessor of a financial lease contract does not bear the obligation to repair or guarantee defects of the leased property, but the lessee must fulfill the obligation to deliver rent to the lessor.
3. According to the agreement and the amount of the price paid, the lessee of the financial lease contract has the option to obtain ownership of the leased object or return the leased object. That is, if the lessee pays the consideration for the leased object, it can obtain ownership of the leased object. , if only rent is paid, the leased property must be returned to the lessor when the contract period expires.
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The financial lease contract is a free template. You can download the source file for you to edit, modify and replace. Huajun Software Park also providesTower crane rental contract,Commercial housing lease contractdownload.
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