Common Contracts
1 similar Equipment Rental Agreement contracts
Equipment rental contract template freeEquipment Rental Agreement • August 19th, 2022
Updated July 28, 2022An equipment lease agreement is between a lessor, the owner of the equipment, and a lessee who agrees to pay rent for the equipment to use for a specified time period. An equipment lease can be structured with a start and end date or on a month-to-month basis. Depending on the agreement, the lessee may be able to make modifications or adjustments to the equipment as long as it does not affect its value. Types of Equipment (11) Appliances; Electronics; Event/Party furniture; DJ equipment; Furniture; Gym equipment; Heavy machinery; Medical equipment; Power tools; Vehicles; and Any other personal property. Equipment Rental Tax Laws State Personal Property Vehicles Source Alabama Linens/Garments 2%; all other property is levied 4% 1.5%* Alabama Dept. of Revenue Alaska None Passenger vehicles are 10% and recreational vehicles are 3%. Alaska Dept. of Revenue Arizona Transaction Privilege Tax (TPT) 6.6% plus county fees* Arizona Dept. of Revenue Arkansas 1% levied in addi
