A business lease letter is a lease document written in the form of a letter where the lessor or the lessee writes about the terms and conditions of the lease. A business lease is created when a particular company, which cannot afford to own all the property and equipment necessary to conduct its operations, gets into an agreement with another entity or individual who owns what he needs. He leases the asset and pays a rent amount periodically for a particular duration called the lease term. A business lease letter mentions the various conditions associated with the lease like the names of the persons or companies involved, the rent amount and other rules.
Sample Business Lease Letter:
Hardy Equipment Inc,
201 Maple Drive, Denver
Date: March 14, 2012
Subject: Lease of construction equipment
I would like to request you to agree to lease construction equipment owned by you to our company for a duration of three months during which we will use it for building a bridge over the Hastings River. We got the contract but do not have enough equipment to finish the job and cannot afford to buy new materials at such short notice. Your company has the finest construction equipment and we are willing to pay $300 to $400 per week.
Please let us know if it is possible to go forward with this lease. We are eager to hear from you so that you can explain the other terms and conditions to be followed.
Tough Construction Inc
102 Oak Drive, Denver