Wis. Admin. Code Trans § Trans 138.07

Current through July 29, 2024
Section Trans 138.07 - Lease agreement
(1) Motor vehicle dealers and wholesalers shall furnish a copy of a signed lease agreement with the dealer license application whenever first applying for a license for a business location, unless the business property is owned by the dealership entity.
(2) Such lease agreement shall name the dealer applicant as lessee and shall contain the following items:
(a) Names of parties to the agreement;
(b) Consideration for lease agreement;
(c) Description of business premises;
(d) Terms of lease; and
(e) Signatures of parties to the agreement.

Wis. Admin. Code Department of Transportation § Trans 138.07

Cr. Register, July, 1981, No. 307, eff. 8-1-81; am. (1), Register, October, 1984, No. 346, eff. 11-1-84; am. (1), Register, June, 1991, No. 426, eff. 7-1-91.