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2. Personal contract purchase - Wikipedia

   en.wikipedia.org/wiki/Personal_contract_purchase

   If the owner defaults on the payments, the finance company has the legal right to repossess the vehicle. At the end of the agreement, the customer either pays the balloon payment and takes full ownership of the vehicle, or the vehicle is returned to the finance company without any further liability. [1] A personal contract purchase is a ...

3. Novated lease - Wikipedia

   en.wikipedia.org/wiki/Novated_lease

   A novated lease is a motor vehicle lease which has been novated, that is, the obligations in the contract have been transferred from one party to another.. A lease is novated with a three way agreement (Deed of novation) between the lessee, the lessor (usually a finance company), and a third party, under which all parties agree that the third party will take on some or all of the lessee's ...

4. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   A lease is a contractual agreement between a person who owns the property (lessor) and a person who gets to use it during the term of the lease (lessee). Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the ...

5. Vehicle registration plates of Bahrain - Wikipedia

   en.wikipedia.org/wiki/Vehicle_registration...

   Special vehicles such as diplomatic cars have a colored bar in the upper section of the license plate without the flag. License plates for private vehicle owners are blue with a white background. In 2010, Bahrain switched to the version which is in use today. [1] The international vehicle registration code for Bahrain is BRN.

6. Rental agreement - Wikipedia

   en.wikipedia.org/wiki/Rental_agreement

   The time use of a chattel or other so called "personal property" is covered under general contract law, but the term lease also nowadays extends to long term rental contracts of more expensive non-Real properties such as automobiles, boats, planes, office equipment and so forth. The distinction in that case is long term versus short term rentals.

7. International vehicle registration code - Wikipedia

   en.wikipedia.org/wiki/International_vehicle...

   Coincides with ISO 3166-1 alpha-3 code, used on registration plates for US Forces in Germany from 1962 until 2020, US now used by US Forces Germany since 2020. 'U' is currently used for registration plates for US Forces in Portugal (Lajes, Azores). UZ Uzbekistan: 1992 SU Formerly part of the Soviet Union. Coincides with ISO 3166-1 alpha-2 code. V

8. Closed-end leasing - Wikipedia

   en.wikipedia.org/wiki/Closed-end_leasing

   Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...

9. Cape Town Treaty - Wikipedia

   en.wikipedia.org/wiki/Cape_Town_Treaty

   The treaty creates international standards for registration of contracts of sale (including dedicated registration agencies), security interests , leases and conditional sales contracts, and various legal remedies for default in financing agreements, including repossession and the effect of particular states' bankruptcy laws.