Asphalt Paver Lease Agreement
The Asphalt Paver is commonly part of the equipment fleet for a construction business and is often used for paving parking lots or roads.
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It is a piece of heavy equipment that companies often times would rather lease than purchase. Buying and owning this type of construction equipment can be cost-prohibitive and for certain companies, it may be equipment that is not used frequently enough to warrant buying it. Over time, the cost of maintenance and repair can become an unwieldy expense. Leasing will allow a business to be able to lease new equipment after the lease term and get new equipment with updated technology. The Asphalt Paver Lease Agreement app can be used by a construction business and leasing company to outline the contract terms for the lease. It should include the lease period, the structure of payments, reasons for lease termination, maintenance plans, insurance, and other contract items. The app can be easily customized to ensure that the specific lease terms that a lessor and lessee require can be incorporated into this agreement.
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