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The Directorate General for Legal Certainty and Public Faith has approved the movable financial leasing contract model with the identification letters "L-VFS" for the exclusive use of VFS Financial Services Spain, EFC SAU (point 1). The model includes specific annexes for other assets, guarantors, amortisation schedules, and indexation clauses (point 1). This resolution follows the entity's request and includes a favourable report from the Central Movable Property Registry (First and Second).
For VFS Financial Services Spain, EFC SAU, the resolution formalises the "L-VFS" contractual model to be used in its movable financial leasing operations (point 1). For its clients, this ensures that the movable leasing contracts issued by this entity follow a model previously approved by the Directorate General for Legal Certainty and Public Faith.
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