Drilling Machine Lease Agreement
Drilling machines are a versatile piece of equipment in the construction and mining industries.
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These machines can be used in installing deep foundations, or by gas companies, on an oil drill rig, or for horizontal drilling, among many other use cases. Often times, this equipment is leased by a construction company or contractor, rather than purchased. Standard lease agreement details can include lease payments, lease term, attorneys' fees, liability and indemnity insurance for bodily injury, expenses for loss or damage, costs to purchase the equipment, and any other details under applicable law. The Drilling Machine Lease Agreement app should be used by a lessor to outline the specific terms of the lease agreement to the lessee. Both parties will need to agree to the lease terms. which can be easily customized to meet their specific needs.
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