Vehicle Lease Agreement Template – Canada

The Vehicle Lease Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These files are conveniently editable and printable, ensuring they cater to your specific requirements effortlessly.


Sample

Vehicle Lease Agreement Template – Canada

Editable – Printable



1. Parties Involved



2. Vehicle Details



3. Purpose of the Lease Agreement

4. Lease Term

5. Monthly Payment Amount

6. Security Deposit
.

7. Responsibilities of the Lessee
.

8. Responsibilities of the Lessor
.

9. Termination Conditions
.

10. Governing Law
.

11. Signatures and Acceptance




PDF


WORD

Examples


Vehicle Lease Agreement Template – Canada (1)
Between:
[Lessor’s Name]
[Lessor’s Address]
[Lessor’s Phone]
[Lessor’s Email]
And:
[Lessee’s Name]
[Lessee’s Address]
[Lessee’s Phone]
[Lessee’s Email]
Introduction:
This Vehicle Lease Agreement (“Agreement”) establishes the terms under which the Lessor agrees to lease the vehicle described herein to the Lessee, effective as of [Start Date].
Clause 1: Vehicle Description
The Lessor agrees to lease to the Lessee the following vehicle: [Make, Model, Year, VIN].
Clause 2: Lease Term
The term of this lease shall commence on [Start Date] and shall continue until [End Date], unless terminated earlier in accordance with the terms of this Agreement.
Clause 3: Rent Payment
The Lessee agrees to pay the Lessor a monthly rent of [amount] due on the [due date] of each month. Late payments will incur a fee of [late fee amount].
Clause 4: Security Deposit
A security deposit of [amount] shall be payable by the Lessee prior to the commencement of the lease. This deposit will be refunded upon termination of the lease, subject to the condition of the vehicle.
Clause 5: Maintenance and Repairs
The Lessee shall be responsible for regular maintenance and repair of the vehicle, including oil changes, tire rotations, and other necessary services to keep the vehicle in good working condition.
Clause 6: Insurance
The Lessee agrees to maintain comprehensive automobile insurance covering liability, collision, and theft with minimum limits of [insurance limits]. Proof of insurance must be provided to the Lessor before taking possession of the vehicle.
Clause 7: Termination
Either party may terminate this Agreement with [Notice Period] written notice to the other party. Upon termination, the Lessee shall return the vehicle to the Lessor in good condition, subject to normal wear and tear.
Clause 8: Governing Law
This Agreement shall be governed by the laws of [Province/Territory], Canada.
Signed in [City], [Date].
Sincerely,
[Lessor’s Signature]
[Lessor’s Name]
[Lessee’s Signature]
[Lessee’s Name]
Vehicle Lease Agreement Template – Canada (2)
Between:
[Lessor’s Name]
[Lessor’s Address]
[Lessor’s Phone]
[Lessor’s Email]
And:
[Lessee’s Name]
[Lessee’s Address]
[Lessee’s Phone]
[Lessee’s Email]
Introduction:
This Vehicle Lease Agreement outlines the terms for leasing the vehicle described below between the Lessor and the Lessee, effective from [Start Date].
Clause 1: Vehicle Details
The vehicle subject to this lease is described as follows: [Make, Model, Year, VIN].
Clause 2: Duration of Lease
The lease will commence on [Start Date] and continue for [lease duration] until [End Date], unless terminated as provided herein.
Clause 3: Payment Obligations
The Lessee agrees to pay a monthly rental fee of [amount] by the [due date]. Failure to pay will result in a late fee of [late fee amount].
Clause 4: Deposit Requirement
A refundable security deposit of [amount] shall be paid by the Lessee at the start of the lease, which may be used to cover damages or unpaid amounts.
Clause 5: Vehicle Maintenance
The Lessee is responsible for vehicle upkeep, which includes regular maintenance, repair, and cleaning during the lease period.
Clause 6: Insurance Requirements
The Lessee must maintain valid insurance covering theft, collision, and liability for the duration of the lease and provide proof to the Lessor.
Clause 7: Termination Conditions
Either party has the right to terminate this agreement with [Notice Period] notice in writing, adhering to the return conditions of the vehicle.
Clause 8: Legal Framework
This Agreement shall be interpreted according to the laws of [Province/Territory], Canada.
Signed in [City], [Date].
Sincerely,
[Lessor’s Signature]
[Lessor’s Name]
[Lessee’s Signature]
[Lessee’s Name]

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Vehicle Lease Agreement Template - Canada