Motor Vehicle Sublease Contract
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How to draft a proper Vehicle Sublease Contract? Download this Vehicle Sublease Contract template that will perfectly suit your needs!
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MOTOR VEHICLE LEASE AGREEMENT BETWEEN NAME OF LEASING COMPANY AND THE LESSOR. This agreement is made this day of 20 BETWEEN Name, address and contact info of the Leasing Company Hereinafter referred to as the Lessor which article shall wherever the context so admits include its assigns and successor in title of the one part AND THE CORPORATION of hereinafter referred to as the Lessee which article shall wherever the context so admits include its assigns and successor in title represented by of the other part RECITALS 1.. THE LESSORS OBLIGATIONS The Lessor hereby agrees: 3.1 To grant the Lessee exclusive use and possession of the motor vehicle during the duration of this agreement, save as is provided for by the agreement 3.2 To grant the Lessee quiet possession of the motor vehicle 3.3 To keep the motor vehicle comprehensively insured with a reputable insurance company throughout the duration of this agreement 3.4 To be responsible for the normal service, repair, fair wear and tear of the motor vehicle and to provide the Lessee with another vehicle for temporary use within 48 (Forty Eight) hours while repairing the vehicle 3.5 To provide the Lessee with a Photostat copy of the registration book of the motor vehicle 3.6 To provide the Lessee with the option to replace the motor vehicle with another vehicle one (1) year from the signing of this agreement on the terms and conditions contained herein..
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