What is one requirement of lessees under CSA/Reg. M?

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The requirement for lessees under CSA/Reg. M to maintain the vehicle as outlined in the agreement is essential for ensuring that the vehicle remains in good condition throughout its lease term. Maintenance responsibilities are typically detailed in the lease agreement, specifying how the vehicle should be cared for, including necessary repairs, regular servicing, and adherence to manufacturer recommendations. This helps protect the lessor’s investment and ensures that the vehicle retains its value when returned.

Selecting this option emphasizes the importance of maintaining the vehicle to prevent damage that could lead to additional charges or penalties when the lease concludes. It also underscores the lessee's obligation to uphold the agreed-upon conditions, ensuring the vehicle is kept in a satisfactory state, which is a core aspect of lease agreements regulated under CSA/Reg. M.

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