Leasing equipment is a way for a business to save upfront costs, try commercial equipment before deciding to purchase, and guard against equipment becoming obsolete. Obsolescence of equipment can be avoided through upgrade, takeout, and rollover clauses. Grain bins are not exclusively included in this lease. But you can add a separate lease for use of your grain bins. If the tenant chooses to lease your bins or bring in other equipment, make sure the utilities to maintain the equipment is considered. Equipment leasing companies typically are looking to finance major purchases and equipment that has both a longer life and has decent resale value. Some examples of equipment that would be good candidates for equipment leasing include. This real estate LLC operating agreement sample is based on the formation of a small LLC with six different properties (a parking garage, four rental homes, and a small business). The owners of the properties state the individual assets included with their properties, their individual roles and expectations within the company, and the various actions needed if there is negligence towards a property or if a member of the LLC leaves. Once you and the tenant agree to the terms, it is set in stone for the term of the agreement. If the yields or prices are low that year, the tenant takes most of the risk, if it's a bumper year and prices are good, you will not be able to enjoy the excess gain.