Lease Agreement With Pet Clause In Illinois

State:
Multi-State
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.


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.

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If a tenant wishes to have a pet in a rental property, they should request and sign a Pet Addendum with the landlord before bringing the pet onto the premises. See the most common pet addendum examples to include in a rental lease agreement.Here's a sample Pet Agreement for renters with guidelines for requirements, responsibilities and how to manage issues. A one time Pet Fee and monthly Pet Rent, are non refundable. A Pet Deposit IS refundable. Landlords have the right to include provisions related to pet ownership, such as breed restrictions, weight limits, or additional pet deposits. 5) Tenants agree to clean up after their pet and to dispose of their pet's waste properly and quickly. A pet addendum gives permission to allow the tenant to have pets on the rental property. It requires the tenant will be responsible for their pet(s). A pet addendum is a legal document that outlines a landlord's terms and conditions on having pets, ESA, and service animals on the property.

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Lease Agreement With Pet Clause In Illinois