Personal Property Lease Agreement Free

Under   5   minutes
Last updated   2020-04-03 14:28:14
Formats Word and PDF

A document, made between the owner of a piece of property (known as the Lessor) and someone (known as the Lessee) who pays the owner to possess and use property, is called a Personal Property Lease Agreement.

Personal Property Lease Agreement preview

Document overview Document Overview

A document, made between the owner of a piece of property (known as the Lessor) and someone (known as the Lessee) who pays the owner to possess and use property, is called a Personal Property Lease Agreement. Usually, the leases cover the rental of homes, other spaces, or vehicle. However, it is allowed to rent additional items too. This can be furniture, jewelry, clothing, or else.
 

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How to use this document How to use this document

In the document, it is allowed to enter the information of pertinent identifying details, as well as the most crucial characteristics of the agreement between the Parties (such a description of the leased property, restrictions, deposit information). The agreement also outlines the payment schedule and amount the Lessee will be required to pay to adhere to the agreement, as well as any possible late fees if payments are not made on schedule. 

A completed document should be printed and signed by both parties. We recommend keeping copies in case any future disputes arise.

 

Applicable law Applicable law

In the US, both federal and specific state laws govern Personal Property Lease Agreements.
 

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