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 Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00400BG
Format:
Word;
Rich Text
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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 California roommate agreement defines an arrangement between people occupying the same residence. No information is available for this page.Project Sentinel, a nonprofit agency, provides information and dispute resolution services to tenants, landlords, and roommates. It is not illegal to be an occupant who is not on the lease. However, it probably violates the terms of the lease that they signed. This housing contract is not a lease and is not subject to California Landlord-Tenant laws. A roommate agreement is not binding on the landlord. A lease or rental agreement is an important document that can address important issues regarding tenancy such as: How long is the tenancy period. This housing contract is not a lease and is not subject to California Landlord-Tenant laws. I talked to the initial landlord this morning, and she said I can move out anytime because the sublease between my roommate and I is not normal.