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There is no grace period after signing a car lease. This assumes that there was no misrepresentation or fraud in the inception of the agreement. Also, dealerships generally display a No Cooling Off Period in the financing office and similar language is customarily on the lease and other documents.
Landlords' attorney Smith replies: Remember that a grace period is permissible but is not a legal requirement. My legal policy on rent collection is that rent is due in advance on the 1st and deemed to be legally delinquent on the 2nd.