Agreement of machine lease for South Africa

About these documents:

These are suitable for the lease of any type of plant or machinery, from a sheep shearing machine to an alarm clock.  As with most Net Lawman documents, they protect the interests of the lessor more so than the lessee. We suggest you not use these documents for a lease to a "consumer" purely because they do not cover the enormous amount of consumer protection law.

These documents are suitable for almost all circumstances. Simply choose the most relevant documents, depending on the type of machinery, then pick the most appropriate clauses within the documents. You have less to edit and less worry.

Who will use these documents?

• any individual or company wanting to give or take on lease any equipment, machinery, vehicle of any sort or a big industrial construction plant for a fixed or extendable period;

Key features

• suitable for any trade, industry or business;
• contains alternative provisions in simple English;
• documents you can understand

These documents include provisions for:

• details of lease rentals and subject matter of lease;
• testing and checking of subject matter by the lessee-conditions of acceptance;
• prohibition on selling and subletting;
• termination, premature termination and its consequences;
• optional provision for deposit by the lessee of additional security in cash or goods;
• detailed repair and maintenance provisions;
• covers essential matters such as insurance: lessee insures in name of the lessor;
• provision for purchase of subject matter by the lessee during the period of lease;
• option to extend lease term;
• intellectual property protection (only in ZA-COM425);
• itemised prohibited activities;
• other provisions to protect your interests.