Connecticut Equipment Lease Agreement with an Independent Sales Organization with Option to Purchase is a legal document that outlines the terms and conditions for leasing equipment from an independent sales organization (ISO) in the state of Connecticut. This agreement allows the lessee to lease equipment for a specified period while also providing them with the option to purchase the equipment at the end of the lease term. Keywords: Connecticut, Equipment Lease Agreement, Independent Sales Organization, Option to Purchase Different types of Connecticut Equipment Lease Agreement with an Independent Sales Organization with Option to Purchase may include: 1. Long-term Lease Agreement: This type of agreement typically spans over an extended period, usually for several years. It allows the lessee to utilize the equipment for an extended duration, with an option to purchase the equipment at the end of the lease term. 2. Short-term Lease Agreement: A short-term lease agreement provides flexibility to lessees who only require the equipment for a limited duration. This type of agreement allows for a shorter lease term, often ranging from a few days to a few months, with the option to purchase available if desired. 3. Fair Market Value (FMV) Lease Agreement: In an FMV lease agreement, the lessee agrees to pay monthly lease payments based on the fair market value of the equipment. At the end of the lease term, the lessee has the choice to purchase the equipment at its fair market value. 4. $1 Buyout Lease Agreement: With a $1 buyout lease agreement, the lessee pays a fixed monthly lease payment with the option to purchase the equipment for $1 at the end of the lease term. This type of lease agreement is often chosen by lessees who are certain they want to acquire the equipment. 5. Capital Lease Agreement: A capital lease agreement is designed for lessees who wish to treat the equipment as capital assets on their balance sheets. This type of agreement often includes an option to purchase the equipment at the end of the lease term at a pre-determined price or fair market value. It is important to consult with legal professionals or experts in equipment leasing to determine the most suitable type of Connecticut Equipment Lease Agreement with an Independent Sales Organization with Option to Purchase based on specific needs and circumstances.