Michigan car rental

Car rent is similar to renting an apartment. Than an apartment not the car renter, but it has the right to use it. A tenant is entitled however to fairness in the vehicle. Michigan State regulates leases vehicle by laws. DefinitionA rental vehicle is a contractual agreement between the lessee to use the person entitled, the vehicle and the leasing company, person or company that owns the vehicle. The tenant must pay the lessor an amount fixed for the use of the car. In Michigan, a vehicle lease agreement is a contract for the use of a vehicle for a period of more than TermsA lease 30 days.Lease contain, the term of the lease, monthly payment of fees and, whether the agreement a lease is spinning or closed. The difference between a lease of spiders and closed end lease is an arrangement of spiders, the tenant is responsible for payment of the difference between the market value of the vehicle and the residual value. but a lease in a closed end, the lessee is not.Required landlord NoticeA must contain a statement in a separate paragraph in the lease or a sheet of paper may differ according to the laws of Michigan tenants to advise, which determines the balance of the early termination of the actual cash value by the insurer. The lessor fails this provision, the tenant can the lessor in a civil action and recovery of actual damages or $250 continue, if it is larger and reasonable lawyer fees.