The following lease agreement form is meant to be used by one individual dealing with another individual or a commercial transaction between non-consumers. It therefore does not contain disclosures required by the Federal Consumer Leasing Act.
The Federal Consumer Leasing Act, which is part of the Truth in Lending Act, applies to any lease of consumer goods for more than four months in which the total contractual obligation does not exceed $25,000. (It does not apply to leases of real estate.) This law requires the lessor (the owner of the auto you lease, for example) to disclose information before you sign the lease. Among the most important items are
" the capitalized cost -- that is, the cost of the goods being leased (the capitalized cost is negotiable to the same extent that the price of goods is negotiable if you were buying them instead of leasing them);
" the total amount of any initial payment you are required to pay;
" the number and amounts of monthly payments;
" the total amount for fees, such as license fees and taxes;
" any penalty for default or late payments;
" the annual mileage allowance and the extra charges involved if you exceed that allowance;
" whether you can end the lease early, and the method of computing the charge if you do so;
" whether you can purchase the auto at the end of the lease and for what price;
" any liability that you may have for the difference between the estimated value of the auto and its market value at the time you end the lease; and
" any extra payment that you must make at the end of the lease.
Allegheny Pennsylvania Lease or Rental Agreement of Personal Property with Option to Purchase and Own Personal Property — Lease or Rent to Own Are you looking for a flexible and convenient way to acquire personal property in Allegheny, Pennsylvania? Look no further! With our unique Lease or Rental Agreement of Personal Property with the option to Purchase and Own, you can easily rent various types of personal property while having the opportunity to buy and become the proud owner in the future. We offer you the freedom to choose from a range of personal property options, tailored to suit your individual needs. Our Allegheny Pennsylvania Lease or Rental Agreement of Personal Property with Option to Purchase and Own enables you to enjoy the benefits of using high-quality personal property without the immediate burden of ownership. Whether you need household appliances, electronics, furniture, fitness equipment, or any other personal items, we have you covered. Here are the different types of Allegheny Pennsylvania Lease or Rental Agreement of Personal Property with Option to Purchase and Own: 1. Household Appliances Lease or Rent to Own: You can lease or rent-to-own essential appliances like refrigerators, stoves, washers and dryers, dishwashers, and more. Upgrade your kitchen or laundry room with top-notch appliances without the upfront cost of buying. 2. Electronics Lease or Rent to Own: From smart TVs and gaming consoles to smartphones and laptops, our electronics lease or rent-to-own option allows you to stay up-to-date with the latest technology without breaking the bank. 3. Furniture Lease or Rent to Own: Furnishing your home with stylish and comfortable furniture has never been easier. Choose from a vast selection of sofas, beds, dining sets, and more. With our lease or rent-to-own option, you can make your dream home a reality. 4. Fitness Equipment Lease or Rent to Own: Stay fit and active with our lease or rent-to-own fitness equipment. Whether it's a treadmill, elliptical machine, or weightlifting set, you can set up your own personal gym and reach your fitness goals conveniently. 5. Other Personal Property Lease or Rent to Own: In addition to the above categories, we offer a wide variety of personal items that you can lease or rent-to-own. This includes musical instruments, tools, outdoor equipment, and much more. With our Allegheny Pennsylvania Lease or Rental Agreement of Personal Property with Option to Purchase and Own, you have the flexibility to choose the duration of your agreement, the payment plan that suits your budget, and the option to buy at any time during the lease period. We also provide excellent customer service and support throughout the entire leasing process. Don't wait any longer to enjoy the benefits of having personal property without the immediate financial burden of ownership. Contact us today to explore our extensive range of personal property options and start your journey towards leasing or rent-to-own in Allegheny, Pennsylvania.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
