Lease Purchase Template
A lease purchase template is a legal document which lays down the details of the transaction between a lessor and a lessee. Such a document wields the information very carefully through professional correspondence. It must be expressed explicably in unambiguous terms and enunciated very sincerely as any error would bear the probability of triggering legal consequences. A template of this kind is a document of legal importance hence must be framed with a well structured format and authentic details of content. The users need only to fill the blank spaces so as to customise the document as per personal needs and specifications. Any such template helps many people to save their time and resources. If you are looking for any sample of a lease template, then this is just the right place for you.
“You can Download the Free Lease Purchase Template form, customize it according to your needs and Print. Lease Purchase Template is either in MS Word, Excel or in PDF.”
Sample Lease Purchase Template
Download Lease Purchase Template
A lease purchase agreement has been validated under the lease number: _____________ between the buyer and the seller on the ground that both the parties would appreciate and abide by the stated stipulations.
Date of registration of the lease: ______________________________________ [Mention the date of commencement]
Date of termination of lease: _________________________________________ [Mention the date of expiry]
Name of the lessor: ________________________________________________ [Provide the name of the person who rents out the lease]
Name of the lessee: _________________________________________________ [Provide the name of the buyer who purchases the lease]
Address of the lesser: _______________________________________ [Give the full residential address]
Address of the lessee: _______________________________________ [Give the full address]
Nature of the leased property: _______________________________ [Indicate the nature whether house/land/equipment]
Details of the leased property:
- Name:___________________________________________________________
- Model number or Address (as applicable) :______________________________
- Tentative market value:______________________________________________
Purpose:
- Purpose 1: ____________________________________________________
- Purpose 2: ____________________________________________________ [Enumerate the reasons behind lease purchase]
Terms and conditions:
- Condition 1: ____________________________________________
- Condition 2:______________________________________________ [Indicate the terms of the agreement between the parties failing which the lessor and the lessee will be made liable to legal decisions]
Signature of the seller: __________________________
Signature of the buyer: __________________________
Signature of the witness: ________________________
Signature of the guarantor: ______________________
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