Leasing is a transaction that involves lending an equipment or a property. It could be personal or for commercial purposes. The common assets that are being leased are properties, vehicles, and heavy equipment.
The process of leasing usually starts with the lessee (tenant/borrower) signing Lease Sample Application Letters or forms. Then after a few review from the lessor (landowner/lender), if the lessee is applicable for the leasing, then they will hand out the leasing agreement contract and start with the transaction.
These 6+ sample lease applications can give you functional samples of leasing applications, as the files can be downloaded for free and it comes with editable and print-ready files.
Sample Residential Lease Application
Sample Apartment Lease Application
Sample Commercial Lease Application Form
Land Lease Application Form Sample
Parts of a Leasing Application
Just like any other application form, it is divided into subcategories that have significant uses:
For your transaction record, it is important to include the lessee’s short personal information as this can also serve as a profile record for the people you deal with your business with. When you need something from these people, it is easier to pull up their accounts.
- Lessee’s name
- Current address
- Permanent address
- Contact number
- Date of birth
- Place of birth
Leasing Terms and Agreements
This section will detail all the rules and regulations in regards with the transaction. It will also indicate a proof of your compliance, as it is accompanied with a signature area. In this section, you can expect the following contexts:
- Lease Term
Indicates your responsibilities and the dos and don’ts, ruled out by the lessor.
- Payment of Rent
This is where the mode of payment is indicated, such as the payment terms and the type of payment the lessor receives.
- Fines and Other Charges
This will only be applicable to those who created damages and losses within the property or other assets.
This will indicate the amount of deposit you need to submit. It could also pertain to the tracking record of your payments.
- The Right of Access with the Assets
This indicates the lessor have given the authority of access to the lessee.
Check out Generic Rental Agreement for more insightful and valuable rental agreement forms. The list samples in it are also free to download and it has editable and print-ready files.
Example of Vehicle Lease Application Form
Residential Lease Agreement Example
Blank Lease Application Form
Why Is a Leasing Application Important?
In every leasing transaction, it is vital to let a potential lessee sign for a leasing application before handing them the actual leasing agreement, as checking their background first would be important so that the lessor would know whether the lessee is applicable for the leasing transaction or not. The transaction involves around huge assets, so it is very important to be very mindful with your dealings, so that any losses or damages can be avoided.
If you wanted more rental application themed lists, you might want to check out this Apartment Rental Application, as this will guide you on how to format a rental application. These functional samples can be downloaded for free. It is also editable and print-ready.
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