Lease Purchase Agreement Car Template for Canada

1. Trade-in Vehicle: Details of any trade-in vehicle being provided by the lessee, used when there's a trade-in as part of the agreement

2. Co-Signer Provisions: Terms applicable to any co-signer on the agreement, included when a co-signer is required

3. Commercial Use: Additional terms for commercial vehicle use, included when vehicle is for business purposes

4. Cross-Border Usage: Terms governing vehicle use across provincial or international borders, included when such use is anticipated

5. Modification Provisions: Terms governing permitted and prohibited vehicle modifications, included when modifications are likely

6. Assignment Rights: Detailed terms regarding assignment of the agreement, included when assignment rights are needed

7. Early Purchase Option: Special terms for early purchase, included when early purchase options are offered

1. Schedule A - Vehicle Condition Report: Detailed inspection report documenting vehicle condition at lease start

2. Schedule B - Payment Schedule: Detailed breakdown of all payments including lease payments and purchase option calculations

3. Schedule C - Insurance Requirements: Specific insurance coverage requirements and minimum limits

4. Schedule D - Maintenance Schedule: Required maintenance schedule and service intervals

5. Schedule E - Wear and Tear Guidelines: Detailed guidelines for acceptable wear and tear

6. Appendix 1 - Vehicle Documentation: Copies of vehicle registration, warranty information, and service history

7. Appendix 2 - Disclosure Statement: Mandatory financial disclosure statements as required by provincial law