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[Music] foreign [Music] how does the equipment sale leaseback process work learn from these simple tips the equipment sale leaseback process works as follows identify the equipment determine the equipment you want to sell and its current market value find a buyer look for a buyer interested in acquiring the equipment and entering into a lease agreement with you negotiate the sale price negotiate the sale price with the buyer based on the equipments market value and the agreed upon lease rate transfer ownership transfer ownership of the equipment to the buyer execute the lease agreement sign a lease agreement with the buyer specifying the lease terms such as the rental rate lease term and any maintenance and repair obligations begin lease payments begin making lease payments to the buyer per the lease agreement maintain and repair the equipment ensure that the equipment is maintained and repaired following the lease agreement here are some tips to keep in mind when engaging in an equip
