A lease should specify the parties involved, the premises being rented, and the amount of rent to be paid. Use this template to rent out a residential property for a fixed period of typically one year.This agreement includes the most essential and common clauses. Download a free equipment rental agreement template, and view sample lease and leasetoown agreements for construction equipment. Download Virginia Equipment Lease template, modify and send for signing using BoloForms Signature. You can use the standard restrictions included in the template, write specific terms yourself, or allow the renter to use the equipment freely. A fixedterm contract for renting out property for a few months to a year or more. Download: PDF, Word (. A lease agreement is a legal document between a landlord who rents property to a tenant in exchange for payment. Utility services or billing RESIDENT for utilities previously included within the rent.