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01vehicle markings
02Rental conditions and insurance
Insurance comes before a contract. Check with your insurance company to see if the driver's scope includes the renter before signing. If it is a free rental, you can leave the rental field blank.
03Special terms and conditions
04Landlord / Tenant
05Signature / Seal
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Vehicle rental agreement
VEHICLE LEASE AGREEMENT
1. Marking of the vehicle
borrowed name
model year
vehicle number
Vehicle identification number
Driving distance upon delivery
vehicle condition
2. Lease Terms
rental period
~
security
KRW
monthly rent
KRW
payment date
insurance
The lessor and the lessee enter into the following contract regarding the lease of the above vehicle.
Article 1 (Purpose) The lessor allows the lessee to use the above vehicle, and the lessee pays the rent in accordance with the above conditions. If the rent is not set, this contract is considered a free rental.
Article 2 (Delivery and Return) The lessor delivers the vehicle in the above condition on the lease start date, and the lessee returns it in the same condition as at the time of delivery on the end date. Upon delivery and return, the mileage and appearance are checked and recorded.
Article 3 (Scope of Use) The lessee must use the vehicle in accordance with laws and normal usage, and cannot re-lend it to a third party or provide it as collateral without the written consent of the lessor.
Article 4 (Burden of Costs) Fuel costs, tolls, and fines and fines incurred during the rental period are borne by the lessee. The lessor is responsible for regular inspections and replacement of normal consumables, and the lessee is responsible for repair costs incurred due to the lessee's intention or negligence.
Article 5 (Insurance and Accidents) The vehicle must be maintained under the above insurance, and the lessee must be included as a driver. When an accident occurs, the lessee must immediately notify the lessor.
Article 6 (Termination of contract) If the lessee is late in paying the rent more than two times or violates Article 3, the lessor may immediately terminate this contract and request the return of the vehicle.
Article 7 (Jurisdiction) Disputes regarding this Agreement shall be the court of first instance jurisdiction.
Special terms and conditions
lease
address
contact
name(person)
lease
address
contact
name(person)
Longer content will have an A4 border and page count. One sheet of writing instructions is added to the Word file.
What kind of document is a vehicle rental agreement?
A car rental agreement is a contract that documents the terms and conditions for renting and renting a car. It is used when renting a car between individuals, when a corporation provides vehicles to executives and employees or partners, or when conducting business by renting a car, such as pick-up or cargo transportation.
What really matters in this contract is accidents rather than rent. If you do not write down whose name the insurance is for, how the driver's scope is determined, who pays the deductible, and who is responsible for fines and tolls, the relationship will end after one accident.
Even if you lend it for free, leave documentation behind. Free rental is legally closer to rental for use, but even in that case, the time of return and management responsibility must be determined. Separately from the contract, check whether the owner and lessor are the same on the vehicle registration register, and if different, check whether the owner's name is the same. warrantPlease take it.
Formatting
The text is one A4 page. The vehicle display and rental conditions are included in the table, followed by seven provisions, special provisions, and party information. If you download it in Word, a page of writing instructions will be attached at the end.
1Vehicles and Conditions
Car name, year, vehicle number, vehicle identification number
Mileage and vehicle condition upon delivery
Lease period, rent, payment date, deposit
Insurance subscriber, driver scope, deductible
2Articles and Parties
Articles 1 to 7 (Purpose, Delivery and Return, Scope of Use, Cost Burden, Insurance and Accidents, Termination of Contract, Jurisdiction)
Special terms and conditions
Landlord/tenant signature or seal
I recommend this to people like this
an individual who rents a car
When leaving a car to an acquaintance for a long period of time and leaving conditions behind.
Corporation / business operator
When providing a business vehicle to an employee or partner company.
Transportation/delivery operators
When it is necessary to set the conditions of a relationship for renting a vehicle and doing business.
Those who rent a car
If you want to check in advance the extent of your burden in case of an accident.
Things you can easily miss when writing
01Before signing a contract, call the insurance company and check the driver's coverage. This comes before the contract.
02Please leave mileage and photos upon delivery. This will serve as a basis for comparison when returning.
03For fines, tolls, and parking violations, please list the person paying based on the period.
04If the vehicle owner and lessor are different, be sure to obtain a power of attorney from the owner.
05Lease and installment vehicles often have clauses prohibiting subleasing. Please check the contract before proceeding.
Frequently Asked Questions
Is a contract required even if I lend it for free?
You need it. Free rental corresponds to rental for use, so you only need to leave the rental clause blank. Rather, if there is no compensation, the time of return and the burden of the accident should be set in writing to avoid difficulties later.
Who is responsible if an accident occurs?
The scope covered by insurance is covered by insurance, and who bears the deductibles and damages not covered by insurance is a matter of contract. This form has a space to write down the person paying the burden. Above all, check with your insurance company first to see if the driver's scope is set to include the renter.
What about fines and tolls?
Since it is often imposed on the vehicle owner first, there are frequent disputes in practice. Write it down based on the period, such as "The lessee is responsible for fines, fines, and tolls incurred during the rental period."
How do I check the condition when returning it?
Upon delivery, write down the mileage and exterior condition in the contract and include photos. If you compare the same items when returning them, you won't have to fight about their original condition.
What if the vehicle owner is different from the lessor?
The owner's consent is required for registration. in the owner's name warrantReceive it and attach it to the contract. If it is a leased or installment vehicle, subletting is often prohibited under the contract, so you should check first.
Is what I write saved on the server?
It is not saved. The information you enter and the uploaded stamp photo are processed only within the browser, and PDF and Word files are also created on the user's device.
This is general information for guidance purposes only, and insurance treatment and accident liability will vary depending on the insurance policy and individual circumstances. If it is a commercial or land-based contract, get an expert review along with the relevant laws and regulations.
Vehicle Lease Agreement Reviews
These are stories left by people who actually filled out and submitted a vehicle rental agreement. It contains notes on areas where you got stuck while writing or the results after submission, so it is often more helpful than a guide for first-time users.
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