Equipment Lease Agreement (Ohio)
Use this template to prepare an Equipment Lease Agreement with an option to renew for the State of Ohio. Provisions include:
This is a US legal document in MS Word format.
- lease becomes month-to-month if the lessee fails to renew;
- the transaction is meant to qualify as a casual sale for State sales tax exemption, but if it does not qualify, the lessee is responsible for paying the tax;
- if the equipment does not operate properly, any claims by the lessee must be against the vendor and not the lessor;
- the lessee bears the full risk of loss, damage or destruction of the equipment;
- the file includes a State of Ohio Sales and Use Tax Unit Exemption Certificate.
This is a US legal document in MS Word format.





