Cdl Driver Lease Agreement

For the most part, it is not their fault and the fault of the “failure” lies directly on the shoulders of the carriers. We are witnessing an increase in one of the most fraudulent practices in the road transport industry towards new inexperienced drivers: the lease of the business owner. A property operator contract is a contract between a company that owns vehicles to rent another person or company on lease for a fee. Rent is usually a combination of time plus the number of miles the vehicle is driving. As a rule, this form is used with semi-trailers, but can be used for any type of vehicle carrying goods. “I`ve been driving for almost two years as a landlord under my company`s hire-purchase plan, after telling myself that`s where the money is.” I walked straight out of their CDL training school and have been stuck in that lease ever since. .