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Free Information and Preview, Prepared Forms for you, Trusted by Legal Professionals Companies use a capital equipment rental agreement template to utilize a piece of equipment for a long time or when they want to purchase the said equipment at the end of the agreement. A capital lease is usually long-term and non-cancellable and is used to lease equipment that the company wants to use in the long term or purchase at the end of the lease period. If the person preparing this agreement is looking for a real estate rental agreement, (often called a lease), click "Yes".
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