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Renter Lease Form - Property Lease Form
This lease of __________(1)__________________, made _______(2)_____________,
by and between __________(3)____________, whose address is
__________(4)_________, hereinafter called Lessor, and __________(5)_____________,
whose address is __________(6)____________, hereinafter called
1. That Lessor hereby leases to Lessee, and Lessee leases
from Lessor, subject to the terms and conditions herein set
forth, the following (hereinafter sometimes referred to as
Make and Model Manufacturer's Serial No. Registration No.
Together with all equipment and accessories attached thereto
or used in connection therewith including the following: ____________(7)______________________
All of which are included in the term Property as used herein.
Lessee hereby acknowledges delivery and acceptance of the
aforesaid Property upon the terms and conditions of this lease.
2. Lessor hereby leases to Lessee said Property for the purpose
3. The term of this lease is ______(9)____________, beginning
this day and ending _________(10)______________.
4. In consideration of said lease, Lessee covenants and agrees
(a) To pay to Lessor for the possession and use of said Property
for the purpose aforesaid, _____(11)____ dollars ($_________),
payable as follows: ____________(20)___________.
(b) To safely keep and carefully use the Property and not
sell or attempt to sell, remove or attempt to remove, the
same or any part thereof, except reasonably for the purpose
(c) Lessee shall, during the term of this lease and until
return and delivery of the Property to Lessor, abide by and
conform to, and cause others to abide by and conform to, all
laws and governmental and airport orders, rules and regulations,
including any future amendments thereto, controlling or in
any manner affecting operation, use or occupancy of said Property
or use of airport premises by said Property.
(d) Lessee shall pay all taxes, assessments and charges on
said Property or its use during the time he is in possession
of the same, imposed by federal, state, municipal or other
public, or other authority; save Lessor free and harmless
therefrom; and to these ends reimburse Lessor on a pro rata
basis for such taxes or charges paid by Lessor hereto or hereafter.
(e) Lessee accepts the Property in its present condition,
and during the term of this lease and until return and delivery
of the Property Lessor the Lessee shall maintain it in its
present condition, reasonable wear and tear occurring despite
standards of good maintenance of Property excepted, and shall
repair at his own expense any damages to said Property caused
by operation or use by lessee or by others during the term
of this lease and until delivery of the Property to Lessor.
(f) Neither Lessee nor others shall have the right to incur
any mechanic's or other lien in connection with the repair,
maintenance or storage of said Property, and Lessee agrees
that neither he nor others will attempt to convey or mortgage
or create any lien of any kind or character against the same
or do anything or take action that might mature into such
(g) Lessee shall be responsible and liable to Lessor for,
and indemnify Lessor against, any and all damage to the Property,
which occurs in any manner from any cause or causes during
the term of this lease or until return and delivery of the
Property to Lessor. Lessee shall be responsible and liable
for, indemnify Lessor against, hold Lessor free and harmless
from any claim or claims of any kind whatsoever for or from,
and promptly pay any judgment for, any and all liability for
personal injuries, death or property damages, or any of them,
which arise or in any manner are occasioned by the acts or
negligence of Lessee or others in the custody, operation or
use of, or with respect to, said Property, during the term
of this lease or until return and delivery of the Property
(h) Lessee will keep insured from and including this day
until return and delivery of the Property to Lessor, in such
company or companies as Lessor shall approve, according to
applicable standard forms of policy, and for the benefit of
Lessor, (1) against loss or damage from any cause or causes
to the Property for the full value thereof in the amount of
one million dollars, and (2) against liability for personal
injuries, death, or property damages, or any of them, arising
or in any manner occasioned by the acts or negligence of Lessee
or others in the custody, operation or use of, or with respect
to said Property, in the amount of one million dollars relative
to personal injuries and/or death and one million dollars
relative to property damages.
(i) Lessee shall return and deliver, at the expiration of
the term herein granted, the whole of said Property to the
Lessor in as good condition as the same is, reasonable wear
and tear excepted.
(j) It is mutually agreed that in case Lessee shall violate
any of the aforesaid covenants, terms and conditions Lessor
may at his option without notice terminate this lease and
take possession of said Property wherever found. WITNESSES
The information in this document is designed to provide an
outline that you can follow when formulating business or personal
plans. Due to the variances of many local, city, county and
state laws, we recommend that you seek professional legal
counseling before entering into any contract or agreement.
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