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Rental Terms

CHANGE SIZES ANYTIME: The instrument may be exchanged for another size any time if the account is current.

PAYMENT: Renter agrees to pay for all rent made by you or others using your account plus any charges as provided in this agreement. The rental period begins on the date of your renting the instrument. Subsequent rental payments are due by this same date every month, or the date specified in this agreement.

RENTAL RENEWAL/RETURN/EXCHANGE: Renter will pay the first and last month’s rent in the initial payment. The rental will automatically renew every month. The renter must contact us prior to the next billing cycle to terminate the contract and apply the last month’s rent from the initial payment. Account will not be closed until the instrument is returned and will continue to accrue fees. No rental fees, including initial payment, will be prorated, or refunded. All returns must be made to our store and receipt issued. Any credit accrued may not be held for future use. The minimum rental charge is one month. With the return of rentals for less than two months, a short-term fee of $15.00 is charged. All repairs must be done at Antonio Strad Violin. Repairs made by any other business or individual are prohibited.

UPGRADE ANYTIME: Rental credit may also be applied towards the purchase of an upgraded instrument. You can earn up to as much as half the cost of the upgrade (not to exceed half its regular value). Credit cannot be used with sales or discounted instruments.

PURCHASE OPTIONS: Renter may accrue 100% (90% for billing option B or C) of rental fees (not including Protection Plan and Tax) as purchase rental credit toward the purchase of this or a finer instrument.  Payments must be made on-time, the account kept current, and the outfit returned in its original condition to qualify. Discount Credit may not exceed 80% of the total value of the rented outfit. This is not a “rent-to-own” or “cash back” program. It is a rental with the option to buy. All rented instrument outfits remain the property of Antonio Strad Violin until the renter has paid in full. Notice to buy must be made in person or in writing.

WE MAINTAIN THE INSTRUMENT FOR YOU: Antonio Strad Violin will maintain the rental in excellent playing condition and cover minor repairs, such as worn bows, small openings, recut bridges, and normal wear and tear on bows and cases, (strings are covered under Preferred Protection Plan), as well as major damages such as broken necks, repairs requiring opening of instrument, or repairs that require complete replacement of item. These repairs are covered under a separate Protection Plan described below.

WE OFFER A PROTECTION PLAN: The Protection Plan is offered with no deductible. The Plan covers instrument, bow, and case from major damages, loss in fire, or theft. In the event of loss in fire or theft, renter is indemnified and released from this Agreement with copy of a Police Report filed by renter within 14 days of incident. The following statement must be in Report: “Stolen instrument with serial number. Notify Antonio Strad Violin at 210-349-9788 if found.” An account 30 days or more past due is not covered. Excluded from the Preferred and Basic Protection Plan is negligent loss or intentional damage. The Basic Protection Plan does not cover replacement strings.

LATE PAYMENT AND RETURN CHECK CHARGES: A late charge of $8.00 will be added after a 5-day grace period including due date per month on past due invoices. A charge of $26.97 will be added to your account for each returned payment.

AUTHORIZATION OF CHARGES: As a convenience to the customer, the customer herein authorizes Antonio Strad Violin to bill the credit card or checking account that is listed on the reverse side of the agreement or provided by phone only when the rent becomes more than 5 days past due.

TITLE TO ASSETS: The instrument, case, bow and any other items included at the time of the rental are assets of Antonio Strad Violin. The renter must pay the balance in full in order to purchase the instrument. Antonio Strad Violin may go to retrieve the outfit from school or any other location for non-payment of rent. The renter may not sell, pawn, use for collateral security, or loan the instrument. If this account becomes sixty days or more delinquent, in order to avoid legal proceedings, renter agrees to authorize charges to pay the balance to purchase the outfit, rental fees, and late fees on the credit or bank accounts listed on this Rental Agreement.

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