521.005 Trade-in vehicle.
44 words·~1 min read·
/fl/title-xxxiii/chapter-521/521-005A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A trade-in vehicle used to reduce the capitalized cost must be identified as a trade-in vehicle in the lease agreement and identified by year, make, and model. The lease agreement must state the net credit of the trade-in vehicle used to reduce capitalized costs.