An equipment lease is an agreement in which one party (the “lessor”) gives the other party (the “lessee”) the right to have and use (but not own) the lessor's equipment for a certain period of time.
Seamless Document Creation and Editing Through integration, users can open pre-written contract templates within Word. The template contains placeholders for essential information, such as names, dates, terms, and conditions.
The agreement should include the following: Full and correct names. Your company should be listed as the lessor and your customer as the lessee. List the rented-out equipment. Rental duration terms. Rental rate. Late charges. Security deposit. Equipment usage guidelines. Repair and replacement.
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Here's a list of standard fields that you should include in your lease agreement: Tenant information. Include each tenant's full name and contact information. Rental property description. Security deposit. Monthly rent amount. Utilities. Lease term. Policies. Late fees.
Who Is Exempt From California Rent Control? New buildings which are not yet 15 years old. Owner-occupied buildings with less than three or four units (the number depends on the local regulations) Detached accessory dwelling units, also known as 'granny flats' or 'mother-in-law units' Government-subsidized housing units.
Ing to AB-1482, the Tenant Protection Act of 2019, landlords in California are only permitted to increase rent by 5% plus 10% or the annual inflation rate, whichever is lower.
In 2016, Richmond passed the Fair Rent, Just Cause for Eviction and Homeowner Protection Ordinance — the first rent-control law in Contra Costa County. The comprehensive measure includes both rent control and just cause eviction, which makes no-fault evictions costlier for landlords.