If both parties meet their obligations, as indicated on the form, the process ends with a mutual agreement. What`s in such an agreement? Here are the basic elements that are usually found in this type of contract: at the end of the vehicle rental period, the lessee returns the vehicle to the lessor or, if the option is given, he accepts the purchase of the vehicle. If the renter chooses to purchase the vehicle, his rents are charged to the total purchase price. In addition to price information, it is also essential to clarify the financing conditions. Down payment fees, payment value, loan interest rate, payment plan, and maturity period will most likely be covered here. A mutual agreement should be reached, both for customers and traders. Car purchase contracts may give rise to different financing schemes. Do not end with the signature line if there are no conditions and reflections. Commercial Vehicle/Equipment Rental Agreement please print and fax to: 281-842-9345 stutes enterprise systems, inc.
(“Lessor”), whose registered office is located at 1426 direction rd #5, laporte, texas 77571, leaset an, (“Tenant”), is located in , , , all vehicles and/or. . . .