The Consumer Leasing Act (15 USC 1667 et. seq.) was passed to assure that meaningful and accurate disclosure of lease terms is provided to consumers before entering into a personal property lease. It applies to certain consumer leases of personal property. This form does NOT include such disclosures.
For any consumer lease subject to this Act, the lessor must disclose such information as the following:
" Description of property;
" Amount due at lease signing or delivery;
" Payment schedule and total amount of periodic payments;
" Disclosure of other anticipated charges during normal execution of the lease agreement;
" Total of payments;
" Payment calculation;
" Lease term;
" Early termination conditions and penalties;
" Maintenance responsibilities;
" Purchase option;
" Statement referencing "nonsegregated" disclosures;
" The right of appraisal;
" Liability at the end of the lease term;
" Fees and taxes;
" Insurance and warranties.
San Jose, California Personal Property Lease or Rental Agreement of Equipment and Furniture with Option to Purchase and Own — Lease or Rent to Own Are you in need of equipment and furniture for your business or personal use in San Jose, California? Look no further! With our Personal Property Lease or Rental Agreement, you can lease or rent to own high-quality equipment and furniture, ensuring a hassle-free and cost-effective solution. Our lease or rent-to-own program offers flexibility and convenience. Whether you are a business owner looking to upgrade your office space or an individual in need of temporary furniture arrangements, we have a variety of options to suit your specific requirements. Our San Jose, California Personal Property Lease or Rental Agreement allows you to choose from a range of equipment and furniture, including but not limited to: 1. Office Furniture: Enhance your workspace with ergonomic chairs, desks, file cabinets, conference tables, and more. Our extensive collection ensures comfort, functionality, and stylish design. 2. Audiovisual Equipment: From projectors and screens to sound systems and video conference tools, we offer cutting-edge technology to support your presentations, meetings, and events. 3. Restaurant and Hospitality Equipment: Whether you own a restaurant, café, or hotel, we provide professional-grade kitchen appliances, bar equipment, tables, chairs, and more to create an inviting and functional space for your customers. 4. Medical and Laboratory Equipment: Equip your medical practice or laboratory with top-of-the-line medical devices, examination tables, diagnostic equipment, and more — all available for lease or rent-to-own options. 5. Construction and Manufacturing Equipment: If you are involved in construction, manufacturing, or other industries requiring heavy machinery, our lease or rent-to-own program offers access to equipment like excavators, forklifts, generators, and more. Our San Jose, California Personal Property Lease or Rental Agreement offers numerous benefits: 1. Flexibility: Enjoy the freedom to upgrade or switch equipment as your needs evolve. Our agreement terms are designed to accommodate your changing business requirements. 2. Cost-Effective: Instead of making large upfront purchases, this leasing option allows you to pay smaller monthly installments, preserving your capital for other business expenses. 3. Tax Advantages: Leasing equipment and furniture can often offer tax benefits. Consult with your tax advisor to explore potential deductions and write-offs. 4. Maintenance and Support: Our agreement includes provisions for regular maintenance and support, ensuring that your leased items remain in excellent condition throughout the lease period. 5. Option to Buy: If you decide you can't live without the leased equipment or furniture, our lease or rent-to-own program allows you to purchase the items at the end of the lease term. A portion of your monthly payments may be applied towards the purchase price, making ownership more attainable. Experience the convenience and affordability of our San Jose, California Personal Property Lease or Rental Agreement. Choose the equipment and furniture that best suits your needs and benefit from flexible terms, excellent support, and the possibility of ownership. Contact us today to explore our different options and start leasing or rent-to-own journey!
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.
