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The Car Residential Lease Agreement is essential for formalizing vehicle leasing arrangements in Indonesia, particularly for residential use. This document is utilized when an individual or entity (lessee) wishes to lease a vehicle from an owner or leasing company (lessor) for an extended period while maintaining primary use at their residence. The agreement must comply with Indonesian Civil Code (KUHPerdata), consumer protection laws, and Financial Services Authority (OJK) regulations. It includes comprehensive details about the vehicle, payment terms, maintenance responsibilities, insurance requirements, and usage restrictions. The document is specifically structured to address Indonesian legal requirements while protecting both lessor and lessee interests in residential vehicle leasing arrangements.

1. Parties: Identifies and provides full details of the lessor (vehicle owner) and lessee (renter), including their legal names, addresses, and identification numbers

2. Background: Explains the context of the agreement and the parties' intentions to enter into a vehicle lease arrangement

3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation

4. Vehicle Details: Comprehensive description of the leased vehicle including make, model, year, color, VIN, and current condition

5. Lease Term and Payments: Specifies the duration of the lease, payment amounts, payment schedule, and security deposit requirements

6. Delivery and Return: Details about the vehicle delivery and return procedures, including condition requirements and inspection processes

7. Use of Vehicle: Stipulates permitted uses of the vehicle, geographical limitations, and prohibited activities

8. Maintenance and Repairs: Outlines responsibilities for vehicle maintenance, repair procedures, and cost allocation between parties

9. Insurance Requirements: Specifies required insurance coverage and responsibilities for insurance costs

10. Liability and Indemnification: Defines the allocation of risks and responsibilities between parties

11. Default and Termination: Explains events of default, termination procedures, and consequences of early termination

12. Governing Law: Specifies that Indonesian law governs the agreement and outlines dispute resolution procedures

13. General Provisions: Includes standard clauses such as entire agreement, amendments, notices, and severability