An equipment lease agreement is a legal contract where the owner allows another party (lessee) to use equipment in exchange for payment. You can use this document to outline the terms and conditions of an equipment rental.Discover what an equipment rental agreement is, what you should include in one, and download our free rental agreement template to get you started. A lease agreement is a legal document between a landlord who rents property to a tenant in exchange for payment. Create and sign a rental lease agreement for the city of Chicago. Collect online signatures on any device. A fixedterm contract for renting out property for a few months to a year or more. Download: PDF, Word (. Download a free equipment rental agreement template, and view sample lease and leasetoown agreements for construction equipment. Cut sheet in the Chicago Rental Lease Agreement effortlessly.