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Arkansas Master Lease of Equiment as Personal Propety with Automatic Renewal of Lease unless Lessee Notifies Lessor of Intention to either Purchase or Return Equipment

Category:
State:
Multi-State
Control #:
US-0806BG
Format:
Word; 
Rich Text
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Description

A master lease is a lease that controls subsequent leases or subleases. It is a lease that allows an existing lessee to lease additional assets under similar terms and conditions without negotiating a new contract to the current lease.
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Arkansas Master Lease of Equiment as Personal Propety with Automatic Renewal of Lease unless Lessee Notifies Lessor of Intention to either Purchase or Return Equipment