At the end of the rental of the vehicle, the renter returns the vehicle to the owner or, if the option is given, he accepts the purchase of the vehicle. If the renter chooses to purchase the vehicle, his rents are charged to the total purchase price. PandaTip: If this lease applies to a vehicle that is not a car, you may need to change some of the above information. Residential lease AgreementThe lease agreement (hereinafter referred to as “the contract”) was concluded and concluded on that day by , 20 , by and between , whose address (hereinafter referred to as “lessor”) and (hereinafter referred to as “lessor”) and (hereinafter referred to as “lessor”). It is recommended to use a vehicle rental agreement when a vehicle lease is negotiated between two parties for whom no dealer rental form has been provided.