A Hyundai lease deal is a document which outlines the nature of the transaction between the lessor and the lessee when the product in question is a Hyundai car. Such a document must be framed taking into account the terms and conditions which will govern the deal, and the document must be absolutely foolproof. A Hyundai lease deal should be watertight, carefully composed and comprehensive since it is a legal document.
Sample Hyundai Lease Deal:
This is to state that the Mr. Jason Cullen of 45 Hartford Lane, New York [henceforth referred to as the lessee] shall lease a Hyundai Verna from Shiny Dealers [dealership number: 2474] of 4 Merwood Lane, Kingston Park, [henceforth referred to as the lessor] from the 4th of January 2011 to the 10th of January 2011. The particulars of the car to be leased are given below:
- Model name: Hyundai Verna
- License plate number: 34785476KK
- Registration number: 273672
- Miles covered: 1220
The lessee shall pay an initial security deposit of 300 USD which shall be refunded [the dealer or the lessor shall withhold 50%] once the car is handed over. The lessee cannot use the leased Hyundai car to travel beyond state boundaries. Any damage to the Hyundai car shall be borne by him. In case of a legal dispute, the case shall be referred to the New York Sessions Court, and this document shall be produced as evidence. Thus all participants are advised to read the terms and conditions carefully.
Signature of lessor: _________________________________
Signature of lessee: _________________________________