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Leasing on owner ops - needing lease agreement

Discussion in 'Ask An Owner Operator' started by outlawfleet, Apr 27, 2023.

  1. Apr 27, 2023 #1
    outlawfleet

    outlawfleet Bobtail Member

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    Feb 10, 2023
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    I own a small fleet and i'm looking at leasing on an owner op right now.

    Im struggling to find a generic lease agreement that fits the scenario.
    - He owns his truck/trailer
    - He runs under my authority
    - I supply the insurance
    - I supply the plates
    - He runs for my customers for a percentage

    The general FMCSA agreement isnt much help

    Does anyone have a lead on a agreement I can tweak to fit my needs?
    Ill gladly pay for it - id rather pay you some beer money VS paying my attorney to draft one from scratch.

    Google or the search bar wasnt much help...

    Thanks in advance
     
    outlawfleet, Apr 27, 2023
    outlawfleet, Apr 27, 2023
    #1
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  3. Apr 27, 2023 #2
    Kshaw0960

    Kshaw0960 Road Train Member

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    I can send what I use. Pm me your email. I would just replace info with your company and add your specifics
     
    Kshaw0960, Apr 27, 2023
    Kshaw0960, Apr 27, 2023
    #2
  4. Apr 27, 2023 #3
    fishonron

    fishonron Medium Load Member

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    Even if you come up with a "beer money" version that you like, not running it by your attorney could/would be a BIG mistake IMO.
    If you have a good draft, it wouldn't necessarily be starting from scratch.
     
    Last edited: Apr 27, 2023
    fishonron, Apr 27, 2023
    fishonron, Apr 27, 2023
    #3
    Arctic_fox Thanks this.
  5. Apr 28, 2023 #4
    outlawfleet

    outlawfleet Bobtail Member

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    Feb 10, 2023
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    Whatever I end up finding will definitely go reviewed by my attorney.
     
    outlawfleet, Apr 28, 2023
    outlawfleet, Apr 28, 2023
    #4
  7. Apr 28, 2023 #5
    Ridgeline

    Ridgeline Road Train Member

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    Don't be a cheap owner.

    You need to have a lawyer write one up.

    It has to be crafted for your business structure.

    To use a generic or someone's contract is ... stupid, it opens the door for a lot of problems if there is a court case.

    You can afford the $2000 if you have a fleet.
     
    Ridgeline, Apr 28, 2023
    Ridgeline, Apr 28, 2023
    #5
    Diesel Dave and Siinman Thank this.
  8. Apr 28, 2023 #6
    snowwy

    snowwy Road Train Member

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    $2000 is a lot of money for beer.

    That's about a weekend worth
     
    snowwy, Apr 28, 2023
    snowwy, Apr 28, 2023
    #6
  9. Apr 28, 2023 #7
    Ridgeline

    Ridgeline Road Train Member

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    Dec 18, 2011
    Michigan
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    That’s what a good lawyer cost to do this, they would look at the business and research a bit to craft a contract that will protect both parties involved.
     
    Ridgeline, Apr 28, 2023
    Ridgeline, Apr 28, 2023
    #7
    Mnmover99 and Siinman Thank this.
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