An equipment lease agreement is a legal contract where the owner allows another party (lessee) to use equipment in exchange for payment. Simply answer our questionnaire to generate your document.Then, download your file as a PDF or print a copy for your records. THIS AGREEMENT (hereinafter referred to as the "Texas Lease Agreement") is made and entered into this ____ day of. Discover what an equipment rental agreement is, what you should include in one, and download our free rental agreement template to get you started. This Equipment Lease Agreement template is available for use on UpCounsel. Download a free equipment rental agreement template, and view sample lease and leasetoown agreements for construction equipment. An equipment lease agreement enables someone to rent out machinery, tools, electronics, or equipment to businesses and individuals. Contact us at (214) 624-6231 for top-notch office solutions. HOUSING AUTHORITY OF THE CITY OF SAN ANTONIO, TEXAS (210-477-6059).