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FUNDAMENTALS OF COMMERCIAL EQUIPMENT LEASE DOCUMENTATION   Back   
This course explains basic concepts in contract law and commercial equipment finance lease documentation.

INTENDED FOR GENERAL INFORMATIONAL AND TRAINING PURPOSES ONLY. THIS COURSE DOES NOT, NOR IS INTENDED TO, CONSTITUTE LEGAL ADVICE.

Terms and conditions found in various types of agreements (purchase/sale, loan and lease) are presented.

Common questions about equipment lease agreements are answered.

With the knowledge gained from this course, you can better anticipate and respond to questions concerning the documentation of lease transactions.
Instructor: Cheryl Shapiro
 
Total: 11 Collapse Description
Course Lessons / Exams 
1 Objectives and Expectations
This module will review the course objectives, what to expect and how to proceed.
2 The Contract
Learn how an enforceable contract is created.
3 Types of Contracts
This Lesson presents different types of transactions used for asset financing. Each type requires use of a distinct form of agreement.
4 Legal Concepts in Commercial Equipment Leasing
Commercial equipment lease transactions often give rise to legal issues that require some understanding of the laws and concepts involved. This lesson explains some of those issues.
5 Authorized Signatories
Find out how to identify which individuals and businesses are authorized to enter into a contract.
6 Section Exam I

7 Lease Provisions - Part I
The lease provisions (also called "terms and conditions") set forth the rights and obligations of the parties to a contract. Terms and conditions typically in a commercial finance lease are explained in Lessons 7 and 9.
8 Section Exam II

9 Lease Provisions - Part II
Additional terms and conditions found in a typical commercial finance lease are explained in this Lesson.
10 Related Documents
Additional documents are required in a lease transaction. This Lesson covers:
  • Delivery and Acceptance
  • Lessee Purchase Order
  • Lessor Issued Purchase Order
  • Credit Approval
  • UCC -1 (also called "Financing Statement")
  • Bill of Sale
11 Section Exam III

Total: 11 Collapse Description
 
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Phone: 1 904 280 7722
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Ponte Vedra Beach FL 32082

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