The lease agreement should contain provisions for: A sales and lease agreement is a type of contract in which one party buys an asset or real estate from another party and immediately leases it to the selling party. The seller becomes a lessee and the company that buys the asset becomes the lessor. This type of agreement is implemented on the basis of the agreement that the seller immediately leases the asset to the buyer, subject to an agreed payment rate and payment term. The buyer in this type of transaction can be a leasing company, a financial company, an insurance company, an individual investor or an institutional investor. (2) If the tenant rightly revokes the reception, he may treat the risk of loss, insofar as there is no effective insurance coverage, as if he had remained with the owner from the outset. (b) To justify an explicit warranty, it is not necessary for the lessor to use formal words such as “guarantee” or “guarantee”, or for the lessor to have some intention to provide a guarantee, but a simple confirmation of the value of the goods or a statement claiming to be only the owner`s opinion or praise of the goods; does not create any warranty. The identification of the goods as subject to a rental contract may take place at any time and in any manner expressly agreed by the parties. In the absence of an explicit agreement, identification is made: (c) A tenant who provides specifications to an owner or supplier must exempt the owner and supplier from any claim of infringement or any other element resulting from compliance with the specifications. (a) the benefit of a supplier`s commitments to the lessor under the supply contract and of all express or implied warranties, including those granted under the supply contract or under the supply contract, extends to the lessee under a lessor under a finance lease, but is subject to the conditions of warranty and the delivery contract; and any resulting advantages or disadvantages. Operating leasing is a type of leasing in which the lessor retains all the benefits and responsibilities associated with owning the asset. The owner is responsible for covering the daily operating costs (e.g. B purchase of ink for a printer). The lessee uses the asset or equipment for a fixed part of the life of the asset and does not bear the maintenance costs.
Unlike a leasing agreement, the lessee does not recognise the asset on the balance sheet. The lessor is the rightful owner of the asset or property and gives the lessee the right to use or occupy the asset or property for a specified period of time. During the contract, the lessor reserves the right of ownership of the property and is entitled to receive regular payments from the tenant on the basis of his initial agreement. It must also be compensated for all losses incurred during the contract as a result of damage or abuse of the asset in question. . . .