The Lease Agreement with Addendum in Pima outlines the terms of leasing an automobile between a Lessor and a Lessee for a specified duration. Key features include terms for payment, maintenance obligations, insurance requirements, and conditions surrounding the use and return of the vehicle. Lessees must ensure the automobile is maintained in good condition and are responsible for costs related to inspections, repairs, and insurance, which must cover liability and property damage. The document also details the process for handling defaults in payment and the options available to the Lessor in such cases. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for automobile leasing transactions. They can utilize it to protect their interests, ensure compliance with state laws, and mitigate potential risks in leasing agreements. Additionally, the straightforward language makes it accessible for users with varying levels of legal experience.
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