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1. Parties: Identification of the lessor/seller and lessee/buyer with complete legal names and addresses
2. Background: Context of the agreement, explaining the lease-to-own arrangement and parties' intentions
3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Lease Term', 'Purchase Option', 'Lease Payments', etc.
4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, color, and current condition
5. Lease Term and Payments: Duration of the lease, payment amounts, payment schedule, and method of payment
6. Purchase Option: Terms for exercising the purchase option, including purchase price calculation and process
7. Title and Ownership: Clarification of vehicle ownership during lease period and transfer process at purchase
8. Insurance Requirements: Required insurance coverage, responsible party for insurance, and claims process
9. Maintenance and Repairs: Responsibilities for vehicle maintenance, repairs, and associated costs
10. Use Restrictions: Limitations on vehicle use, permitted drivers, and geographical restrictions
11. Default and Termination: Events of default, consequences, and termination procedures
12. Assignment: Rights and restrictions regarding assignment of the agreement
13. Governing Law: Applicable laws and jurisdiction
14. General Provisions: Standard contract clauses including notices, amendments, and severability
1. Trade-In Vehicle: Details of any trade-in vehicle being provided by the lessee, used when there's a trade-in involved
2. Early Purchase Option: Terms for early purchase of the vehicle before lease end, included when early purchase is permitted
3. Co-Signer Provisions: Terms applicable to any co-signer on the agreement, used when a co-signer is required
4. Commercial Use: Additional terms for commercial vehicle use, included when vehicle will be used for business purposes
5. Cross-Border Use: Terms for vehicle use across provincial or international borders, included when such use is anticipated
6. Modification Permissions: Terms regarding allowed vehicle modifications, included when modifications are being considered
7. Extended Warranty: Terms of any extended warranty or service contract, included when additional warranty is purchased
1. Schedule A - Vehicle Condition Report: Detailed inspection report documenting vehicle condition at lease start
2. Schedule B - Payment Schedule: Detailed breakdown of all payments including dates, amounts, and allocation between lease and purchase
3. Schedule C - Insurance Requirements: Specific insurance coverage requirements and minimum limits
4. Schedule D - Maintenance Schedule: Required maintenance schedule and service intervals
5. Appendix 1 - Vehicle Documentation: Copies of vehicle registration, history, and certification documents
6. Appendix 2 - Financial Disclosure Statement: Detailed breakdown of all costs, interest rates, and fees as required by law
Automotive
Financial Services
Transportation
Fleet Management
Retail
Insurance
Logistics
Commercial Leasing
Vehicle Manufacturing
Consumer Services
Legal
Finance
Sales
Compliance
Operations
Risk Management
Contract Administration
Fleet Operations
Credit Analysis
Business Development
Fleet Manager
Sales Manager
Finance Manager
Leasing Coordinator
Automotive Finance Specialist
Compliance Officer
Legal Counsel
Vehicle Sales Representative
Contract Administrator
Risk Manager
Operations Manager
Dealership Manager
Credit Analyst
Business Development Manager
Vehicle Logistics Coordinator
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