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Fair Wear and Tear Guidelines Hyundai Fair Wear and Tear Guidelines This document should be read in conjunction with your finance contract, and the Guaranteed Future Value Details, with Hyundai Finance. This
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How to fill out fair wear and tear

01
To fill out fair wear and tear, follow these steps:
02
Inspect the vehicle thoroughly with the fair wear and tear guidelines provided.
03
Make note of any damages or wear that exceeds the defined guidelines.
04
Take clear pictures of the damages as evidence.
05
Fill out the fair wear and tear form, providing detailed information about each damage/wear item.
06
Submit the form to the relevant authority or party responsible for assessing fair wear and tear.

Who needs fair wear and tear?

01
Fair wear and tear is needed by individuals or companies who have leased vehicles.
02
It helps determine the acceptable condition of the vehicle upon returning it at the end of the lease term.
03
This is important to avoid any disputes or penalties related to damages that are considered excessive wear and tear.
04
It ensures a fair assessment of the vehicle's condition, protecting both parties involved.
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Fair wear and tear refers to the normal deterioration of a property or asset that occurs as a result of ordinary use.
Tenants or individuals who are leasing or renting a property are typically required to file fair wear and tear.
To fill out fair wear and tear, tenants can inspect the property and list any damages or wear and tear that are considered normal.
The purpose of fair wear and tear is to distinguish between regular use of a property and damage that may require repair or replacement.
Information such as the condition of the property, list of damages, and any necessary repairs should be reported on fair wear and tear.
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