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    Ohio Equipment Lease Agreement


    Lease equipment to customers with this easy-to-use Equipment Lease Agreement for the State of Ohio.

    • The lessee has an option to renew the lease, but the lease becomes a month-to-month rental contract if the lessee fails to renew when the initial term expires.
    • The lease 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 any tax payable.
    • if the equipment does not operate properly, any claims by the lessee must be against the vendor of the equipment and not the lessor.
    • The lessee bears the full risk of loss, damage or destruction of the equipment.
    • The file includes a Sales and Use Tax Unit Exemption Certificate.
    • This legal form template is available in MS Word format and is fully customizable.
    • Intended to be used only in the State of Ohio.
    Download Type: Microsoft Word
    Last Updated: 24-January-2023
    SKU: 4231
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