Small and Large Lease Document Checklists
- Item #: LSD3
Do you know what could happen if you don't have copies of all documents and contracts in your equipment Master Lease Agreement?
Have you ever met with your leasing company to sign the final paperwork, only to have the company give you additional documents you've never seen before?
Did you have time to read and evaluate the documents? Or did you just sign them and go on? Did it delay your lease commencement date?
How do you know which documents you need, and if you have them all?
The documents are referenced with capital letters in the Master Lease. You can go through your lease agreement and write down every item that is in capital letters.
Or go through every lease package for all your leases and write down the names of the documents. You will need to review the lease packages from all the leasing companies because each transaction requires different documents, and each leasing company may require alternate documents.
Time consuming? Yes.
There's a better solution . . . our exclusive Lease Document Checklists - one for small leases usually under $250,000, and one for large leases of more than $500,000.
These checklists itemize all the documents you should have with your Master Lease Agreement. Use the checklists to:
- Ensure that you obtain all the documents from your leasing company and you have a complete lease agreement.
- Help you better manage the lease lifecycle.
- Avoid surprises at lease end that could result in additional fees, penalties or renewals.
- Evaluate your current lease agreement and request any missing documents from your leasing company.
Download your interactive checklists today and get started on managing your leases, instead of them managing you.
