A vehicle lease template is a legal document drafted between the owner of a vehicle and the individual taking the vehicle on lease. The details mentioned in this template include the monthly rent of the vehicle and the terms and the conditions agreed between the parties.
Sample Vehicle Lease Template
This vehicle lease is being made as on _______________ [date of registering the lease] between __________________ [name], known as the lessor and ___________________ [name], known as the lessee for a vehicle owned by the lessor whose details are mentioned below:
Vehicle type: _________________
Vehicle make: ____________
Model number: _________________
Color: ____________________
Registration number: ______________
Terms and conditions to be followed by both the parties:
- The monthly rent of the vehicle is _____________ [amount].
- The expenses for the monthly maintenance of the vehicle will be borne by the _____ [mention the party].
- The lease expires on ______________ [date].
The signature of both the parties is mentioned below:
___________________ ______________________
Signature of the lessor Signature of the lessee
Download Vehicle Lease Template in Word Format