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.
Lease Agreement With Addendum In Franklin
Category:
State:
Multi-State
County:
Franklin
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.
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A lease addendum is a legal document that allows the landlord to make changes to the original lease agreement. Get your free lease addendum!Occupant leaves the Leased Premises permanently before the end of this Occupancy. Agreement without Landlord's permission, except as permitted in the Addendum. A lease addendum allows you to add an additional document to or adjust the terms of your existing rental agreement. TENANT understands and agrees that the LANDLORD is not responsible for completing turnover work earlier than the move-in date (i.e. Pro Tip: Don't risk ending up with bad Tenants. A lease addendum is a separate legal document that allows a landlord to add additional information or make changes to a lease agreement. Tenant must deliver Apartment to Landlord on or before the cancellation date in the notice and pay all rent due to the date of the fire or casualty. Access state-specific templates that can be customized with Unlimited Plus.