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 Roommate In Phoenix
Category:
State:
Multi-State
City:
Phoenix
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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An Arizona roommate agreement outlines the arranged terms between roommates sharing a rental space. This may not be a landlord lease.The landlord allows me to have another roommate or two to help out. I demanded he find a roommate or we break the lease. He said I have to find a roommate or if I break the lease I'm obligated to pay for all the penalties. Tell her that you both obligated yourselves to a contract, to a lease. Customer: I live in Phoenix Arizona I own my house I have rented two bedrooms to two tenants who are friends. They stopped paying full rent in August and moved into the same bedroom without any agreement with me. I currently am looking for a roommate to fill the space☺️ It typically would be on a month to month agreement, but the terms are flexible starting asap. Anyways, it's up and down at the moment.