Common Contracts

Private lease agreement form

June 9th, 2023

• Filed
  June 9th, 2023

A Personal Property Lease Agreement is a document used to reflect a contract made between the owner of a piece of property, known as the Lessor, and someone who pays that owner to possess and use the property for a predetermined period of time, known as the Lessee. Most people associate leases with the rental of a home, business space, or vehicle. However, a personal property lease can be used to lend or borrow other types of personal property (i.e. property which is movable and not fixed to one location like real estate or a building), such as expensive jewelry, furniture, instruments, or clothing. Using a personal property lease protects both parties from any misunderstandings or miscommunications that may arise during the term of the lease by providing written documentation of the lease terms. How to use this document This document contains all of the information necessary to create a thorough and complete property lease. The document contains pertinent identifying details, such as