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.
Car Rental Agreements Terms And Conditions In Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
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
You will pay the daily rate stated in the Agreement for each Day, or part of any Day, of the rental. The minimum charge is one Day, plus mileage or a fixed fee.The Rental Agreement is the document you sign when you pick up your vehicle (generally headed. 1. Valid Drivers License from Country of Origin. 2. Yours Car Rental has the right to cancel your booking after the end of a 59 minutes grace period and charge a no-show fee. A car rental agreement must contain information about the insurance the car has and what is the renter's deductible at the time of signing the agreement. Please read these terms carefully. 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. Please review the terms and conditions on our confirmation page regarding credit or debit card acceptance at the location.