October 12, 2021 - No Comments!

Truck Driver Lease Agreement Form

§376.11 General leasing conditions. Except by the replacement of aircraft in accordance with section 376.31 and under the exceptions provided for in subsection C of these Rules, the authorized carrier may carry out authorized carriage in equipment that it does not own only under the following conditions: (a) Leasing – There must be a written lease agreement that grants the use of the device and meets the requirements of section 376.12 (b) device receipts, The specific identification of the equipment to be rented and the indication of the date and time of delivery of the property must be indicated as follows: (b) (1) When the equipment is taken into the possession of the authorized carrier, he must collect a receipt from the owner of the device. The receipt identified in this section may be transmitted by post, telegraph or other similar means of communication. (b) 2. If possession of the equipment by the authorized carrier ends, a receipt must be issued in accordance with the terms of the lease if the lease requires a receipt. (b) The representatives of the carrier and the owner may take possession of the leased equipment and issue and receive the necessary receipts under this paragraph. (c) Identification of equipment. The authorized carrier that purchases the equipment in accordance with this section identifies the equipment as being in service as follows: (c) (1) During the lease period, the carrier identifies the equipment in accordance with the requirements of the FMCSA in 49 CFR Part 390 of this Chapter (Vehicle Identification). (c) 2. In the absence of a copy of the lease on the aircraft, the authorized carrier must, during the term of the lease, make a declaration with the device attesting that the device is operated by the device. The declaration shall also mention the name of the owner, the date and duration of the lease agreement, any restrictions on the rental agreement concerning the goods to be carried and the address at which the original lease is kept by the authorized carrier. This declaration shall be drawn up by the authorised carrier or his authorised representative. (d) registration of equipment.

An authorized carrier using the equipment leased in accordance with this Section shall keep records of the equipment as follows: (d) (1) The authorized carrier shall prepare and keep records for each journey for which the equipment is used in its service. These documents contain the name and address of the owner of the equipment, the place of origin, the time and date of departure and the final destination. In addition, during its operation, the authorized carrier must carry with it documents containing the leased equipment containing this information and identifying the prognosis and clearly specifying that the transport is under his responsibility. These documents are kept by the authorized carrier as part of its transport records. Rental agreements containing the information required by the provisions of this paragraph may be used and stored in place of such documents or documents. In the case of leases negotiated under a master lease, this provision shall be fulfilled by the fact that there is a copy of a master lease in the equipment unit concerned and that the transport documents prepared for the specific transport contain the balance sheet f documentation required by this paragraph. (d) [Reserved] [44 FR 4681, 23 January 1979, as amended on 49 FR 47269, 3. December 1984; 49 FR 47850, 7 December 1984; 50 FR 24649, 12 June 1985; 51 FR 37406, 22 October 1986; 62 FR 15424, 1 April 1997] § 376.12 Written rental requirements. Except as provided in the exceptions set out in Sub-Part C of this Part, the written lease required by section 376.11 (a) shall contain the following provisions. . .

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