Government Lease Agreement
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Government Lease Agreement
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Government Lease Agreement

Government Lease Agreement

A contract where a government agency leases property, buildings, or equipment from private or public sector entities.

50,078.56

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Description

A Government Lease Agreement outlines terms under which a government entity rents office space, land, or equipment for official use. These contracts are used for government offices, military bases, and public service facilities. The agreement includes lease duration, rental costs, maintenance responsibilities, and compliance with public sector regulations. Unlike private leases, government leases often have stricter terms related to termination, transparency, and procurement laws. Properly structured agreements ensure cost efficiency and long-term usability of leased assets.