Finance Lease Transaction Contract Research

As a new type of leasing different from traditional ones, since it appeared in the last century, financial leasing has been developed vigorously. Financial leasing has enhanced economic development in different countries in its 50 years history. Contracts of financial leasing, which are a product of leasing transaction, play an important role between different parties. This article focuses on contracts of financial leasing, so that we can profoundly understand them, avoiding blindness and uncertainty in transactions.In this article, in order to give a general view of financial leasing, firstly, the writer expounded financial leasing from overall points. Next, supply contract and financial leasing contract are defined. This two correlated contracts are included in contracts of financial leasing. Different views on essence of contracts of financial leasing are summarized and legal characteristics of contracts are analyzed. The next part probes into the issues such as entering into contracts, the main clauses and the different parties' default in the performance of duties. In the end, the writer introduces the present situation of financial leasing in china and give related solutions.