LEASE DOCUMENTATION & COMPLIANCE CONSIDERATIONS

LEASE DOCUMENTATION & COMPLIANCE CONSIDERATIONS

We are pleased to invite you to a two day interactive training programme on “LEASE DOCUMENTATION AND COMPLIANCE CONSIDERATIONS”. The programme is intended to enhance understanding of the legal aspect of leasing and implications of the Equipment Leasing Act 2015, focusing on the protective mechanism, documentation and compliance issues.

OUTLINES

Over view of the Equipment Leasing Act

Different definitions of leasing: Legal, Tax, Accounting

Legal nature of leasing: distinguishing leasing from other transactions

Requirements for Lease agreement: Finance & Operating leases

Mechanics of a lease: Legal relationships as defined by the Act

Rights & Obligations of the Lessor and Lessee

Risks confronting the Lessor and protective mechanism

End of lease options, termination and repossession

Lease documentation:

Standard clauses and specimen of a Lease Agreement, Delivery Certificate, Offer,

Proposal Letters and Commitment Letters

Purchase Orders and Bills Of Sale

Lease Agreement

Insurance Policies, Endorsements, Certificate and Binder

WHO SHOULD ATTEND?

Lease Practitioners, Financial Analysts, Credit/Risk Managers, Bankers, Legal Managers, Marketers, Business Development Managers, Accounting and Legal Firms, Insurance Practitioners, Lease Brokers and all those wishing to gain legal knowledge of Leasing.

GAINS

Enhanced understanding of the provisions of the Act

Major baits to avoid in documentation

Protective mechanism skills

DATE: 25^TH – 26^TH JULY, 2019

VENUE: ELAN Training Center, 25B Fola Jinadu Crescent, Gbagada Phase 1 – Lagos

 Fee:

Member  N69,500/participant

Non-member N79,500/participant

Contact 08023176691, 08023179048, info@elannigeria.org