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Equipment Leases - In Plain English!

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by A.J. Grant, Ph.D.
Spring 2003 issue

One of the most commonly heard complaints about equipment leasing is that the documentation is difficult to understand. The editorial review board thought it might be instructional - and amusing - to ask a professor of English to review some familiar lease language and give us his thoughts. We hope that the article raises more eyebrows than hackles among the legal community and, at the same time, serves as food for thought for those who work with lease documentation.