16+ Sample Vehicle Lease Agreements Background. Vehicle lease agreements, like other lease and general purpose sale agreements, in the united states are generally subject to both federal law and specific state laws, which cover general contract principles like formation and mutual understanding. The lessee may be a natural person or a legal person (like a.
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Vehicle lease agreements, like other lease and general purpose sale agreements, in the united states are generally subject to both federal law and specific state laws, which cover general contract principles like formation and mutual understanding. Sttc will provide for inspections, preventive maintenance, and routine repairs in such a manner and at such times as to minimize the disruption of the normal use of the vehicle. The lease period may range from months to years. Fees and sanctions may apply if the terms are not met.