Lease-on Agreement

Discussion in 'Ask An Owner Operator' started by Breezy860, Feb 13, 2021.

  1. Spyro2112

    Spyro2112 Medium Load Member

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    Calk a company's ask them to send a lease agreement
     
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  3. Ridgeline

    Ridgeline Road Train Member

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    Michigan
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    Wait ... the dmv and irp has no business in this. Neither is a regulatory agency.

    get a good contract lawyer IN YOUR STATE, he’ll do the research and reach out to others about what is needed in the contract. The state laws for liabilities and arbitration are different in every state.

    Also have the lawyer write a cheat sheet for you and the new lease holder so there is a simple explanation for everything in the contract, this helps a lot.
     
  4. brian991219

    brian991219 Road Train Member

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    The DMV in Connecticut wants to see an executed copy of a compliant lease agreement to allow the owner operator to keep his base plate but use her company as the carrier responsible for safety. Uncommon, many just need the DOT number, but CT is known for regulatory overreach.
     
    GYPSY65 Thanks this.
  5. GYPSY65

    GYPSY65 Road Train Member

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    I also think that you cannot be over protected

    Maybe I’m wrong? Been wrong. Very wrong once before
     
  6. Ridgeline

    Ridgeline Road Train Member

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    Michigan
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    Yeah michigan had a few in the irp office who said I needed to have this added but I told them when they become a regulator, I will but that’s what we have and that’s legal. I can see ct being an issue with it.
     
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