Standard Offer To Lease Agreement Between Two Private Parties

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Standard Offer to Lease agreement between two private parties
New Lessee
Name:_____________________________Address:______________________________
City:_______________________________Province:_______________Postal:____-____
H#: (
)__________________ B#: (
)__________________ C#: (
)__________________
Original Lessee
Name:_____________________________Address:______________________________
City:_______________________________Province:_______________Postal:____-____
H#: (
)__________________ B#: (
)__________________ C#: (
)__________________
Vehicle Information
Year:_______ Make:_____________________ Model:__________________________
Colour:_______________ Odometer Reading:________________ kms
VIN:______________________________________________ (17 digits)
Leasing Company
Company name:_____________________________________________________
Original Selling Dealership:__________________________________ Contact: _________________
Lease Account #: ___________ Expiry Date:_________
I, ______________________ (new lessee), hereby agree to assume all terms and conditions of the vehicle lease
(described above) providing all the conditions are mutually adhered to by both parties.
I, ______________________ (original lessee), hereby agree to accept $____________ as a deposit from the new
lessee to hold my vehicle until the leasing company has approved the lease assumption and to allow a total
of _____ days, following the approval to complete the transaction.
Lease assumption requirements and financial obligations associated with Original and or New Lessee:
Original Lessee
New Lessee
Credit Approval
N/A
Y or N
Vehicle Inspection
Y or N
Y or N
Down Payment/Cash Incentive (if applicable)
$
$
Security Deposit (if applicable)
$
$
Lease Transfer Fee
$
$
License Plates or Plate Transfer Fee
N/A
$
Shipping/Transportation Fee (if applicable)
$
$
Misc-
$
$
Totals
$
$
By signing this Offer-To-Lease both parties acknowledge their financial obligations and commitment to assume the
lease described. If the new lessee’s credit is not approved; this agreement becomes null and void. This agreement is
valid for 10 days from the signing date; should the transaction not close prior to the expiry date, this agreement
becomes null and void unless it extended by mutual consent of the original and new lessee.
X________________________________
X_______________________________
New Lessee
Date: _____________
Original Lessee
Date: _____________

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