This Lease is meant to be used by one individual dealing with another individual rather than a dealership situation. It therefore does not contain disclosures required by the Federal Consumer Leasing Act.
Agreement For Car Hire In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00400BG
Format:
Word;
Rich Text
Instant download
Description
An "Automobile Lease Agreement" is generally used to describe the formal contract or agreement that binds the leasing customer to the terms and conditions set forth by a leasing company or bank ("financier") . It is usually prepared or provided by the automobile dealership. This type of Automobile Lease is one the methods by which an automobile may be financed. It allows the customer to drive an automobile by making monthly payments to the financier. The payments serve to compensate the financier for the depreciation in value of the automobile during the time it is being driven. The financier will also assess a monthly finance charge that is similar to interest on a loan. This compensates the financier for the use of their money that is tied up in the purchase of the automobile from a dealer. The financier or car dealership actually owns the automobile. The automobile is leased for a specific period of time and is typically returned to the car dealership at the end of that time.
Free preview
Form popularity
More info
Protect you and your customers with this free car rental agreement template. Create, send, and eSign documents in a flash.The Rental Agreement is the document you sign when you pick up your vehicle (generally headed. The printed lease form must be labeled "lease agreement," "retail lease agreement," or "motor vehicle lease agreement. Present your driver's license (of all drivers) and an additional two valid IDs for signing the Rental Agreement when you pick up the vehicle. A car rental agreement outlines the terms and conditions under which a rental car is provided to a customer, including duration, fees, and responsibilities. I returned the car with a cracked windshield and filled out Budget's damage report. The following terms apply to the rental of this type of vehicle, in addition to those set forth in the Rental Agreement. Please read before booking your rental. How safe is Scotland for visitors?