The Equipment and Auto Sales & Leasing practice provides comprehensive legal services to clients engaged in the sale, lease, financing, and operation of commercial equipment and motor vehicles. This practice supports manufacturers, dealers, fleet operators, lenders, lessors, and lessees across a wide range of industries, including transportation, construction, agriculture, logistics, and equipment finance.
Attorneys in this area combine industry knowledge with transactional expertise to structure legally sound, financially efficient, and risk-managed agreements that comply with evolving regulatory and commercial standards.
Core services include:
- Sales and Leasing Agreements
- Drafting and negotiating equipment purchase agreements, vehicle sales contracts, lease agreements (FMV, TRAC, and capital leases), and master lease schedules, with attention to warranty, maintenance, and title issues.
- Regulatory and Licensing Compliance
- Advising on compliance with applicable federal and state laws, including UCC Article 2 (sales) and Article 2A (leases), dealer licensing requirements, DOT and FMCSA regulations, lemon laws, and consumer protection statutes.
- Financing and Security Interests
- Structuring equipment and vehicle finance transactions, including secured lending, lease-backed financing, floorplan arrangements, and compliance with lien perfection and title registration rules.
- Risk Allocation and Liability Management
- Addressing indemnification, insurance, liability limitation, repossession rights, default remedies, and dispute resolution provisions in sales and leasing documentation.
- Fleet and Asset Management
- Supporting clients with large-scale fleet acquisition, vehicle remarketing, telematics agreements, and service contracts, as well as regulatory audits and warranty program structuring.
- Cross-Border Transactions and Tax Considerations
- Structuring and advising on international sales and leasing transactions, including import/export requirements, tax treatment of leases, and ownership/title transfer mechanics.