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Rental Contract


Terms & Conditions

Terms  The terms "I", "me", and "my" refer to the person(s) who sign(s) this agreement.  The terms "you" and "your" refer to 
             Robertson & Sons Violin Shop, Inc.
 
           Instrument Rental  I rent from you, on the terms and conditions of this agreement, the musical instrument(s) described in Section 3, or in an attached addendum to this agreement.  I rent on a monthly basis, at the monthly rental fee indicated in Section 3, or otherwise invoiced by you to me.  Such instrument(s), together with the bow(s) and case(s) provided, are referred to in this agreement as the "instrument".  I may, with your approval, return the instrument in exchange for a replacement instrument of the same or a different value.  The monthly rental fee will be adjusted accordingly.  If the instrument is exchanged for a replacement, the term “instrument” shall refer to the replacement instrument, to any instrument retained by me, and to the case(s) and bow(s) provided.  In connection with such exchange, I will sign any addendum to this agreement requested by you.
 
          Payment Terms  I will pay you, on or before the first of each month, the monthly rental fee plus applicable taxes, including New Mexico Gross Receipts Tax.  This amount is due whether or not I receive an invoice from you.  I elect the payment method selected below, indicated by my initials:
 
         (Initial here or…)             I authorize you to charge my monthly rental payments and any other amounts owed under this agreement to my credit card listed in section 2 above.  I agree to complete a separate authorization at your request.

         (…or initial here)             I will deliver or mail the monthly rental payments to you at the address specified, above on or before the due date.
 
          Automatic Charge  Rent overdue by fourteen (14) days incurs a finance charge of 1.5% per month or $5.00, whichever is greater.  If rent is overdue on the last day of the month, you may charge rent, finance charge , and any other amounts owed under this agreement to my credit card listed in Section 2.  I agree to maintain said card in active status until I have paid all amounts owed under this agreement.  If at any time said card expires or is canceled, this agreement will automatically terminate, unless I have first provided you with information regarding and authorization to charge against another active credit card.  _________(My initials signify my understanding and acceptance of Section 7)
 
         References  I authorize you to obtain a consumer credit report or other pertinent information regarding me, and to contact my employer and the references listed in Section 2B.  I agree that any false or misleading information given by me to you, in Section 2B or otherwise, is sufficient cause for denial of credit.
 
         Conversion to Purchase This rental may be converted at any time to a purchase of the instrument or another instrument you have for sale, provided that my account is in good standing.  A maximum of six months’ rent will be credited towards the purchase price. 
 
        
 Inspection; Maintenance; Loss; Damage and Repairs  Robertson & Sons inspects the instrument prior to renting it, and affirms that it is in good playing condition.  I will keep the instrument in the same condition in which I received it.  I will notify you immediately of any loss or damage and will arrange for only Robertson & Sons to make any repairsI will pay for said repairs.  I will pay whether fire, flood, theft, vandalism, neglect, accident, unauthorized repairs, force majeure, improper packing and shipping, or any other cause necessitates repairs._________(My initials signify my understanding and acceptance  
                 of Section 10)
 
           
 
    Insurance  Robertson & Sons does not insure the instrument while I rent it.  I will, upon your request, maintain insurance covering the full value of the instrument and will provide you, at your request, with proof of such insurance, including insurance for loss or damage during shipping.  I hereby assign any proceeds of such insurance to you.
 
           Shipping  I shall pay all charges for packing and shipping the instrument to or from you. If I return the instrument, I shall pack the instrument in the original box according to your Packing and Shipping Instructions and insure the instrument for the full value. The instrument must be shipped only via UPS or FedEx Ground. (If I do not have the original box in which the instrument was sent, I will purchase a box with the correct dimensions at a UPS or FedEx store.) I will pay for any damages incurred during the shipping process if I have not packaged the instrument according to your packing instructions or did not send the instrument through the approved service. _________(My initials signify my understanding and acceptance of Section 12)
 
            Termination  This agreement may be terminated at any time, and for any reason, by you or me.  This agreement will automatically terminate in the event I become insolvent or subject to any bankruptcy proceeding, or as provided in Section 5, or if I fail to make the monthly rental payment within 15 days of its due date, or if I breach any provision of this agreement. Upon default by me, or termination, I agree to return the instrument and bow immediately to you in the same condition it was in when the rental contract began, and with the same brand of strings (“Dominant” or “Pro-Arte” for violin and viola; “Helicore” or “Prelude” for cello).  I will pay any costs required to restore the instrument and bow to the condition it was in when rental began.  Until the instrument is returned, monthly rent, late charges and other charges will continue to accrue.  I will not be entitled to a refund for any partial month.  I will remain liable for any damage or repairs to the instrument, past due rent, late fees, and/or any other charges incurred during the rental period.  All amounts not paid upon termination will accrue a finance charge of 1.5% or $5.00, whichever is greater.  I authorize you to charge my credit card for any unpaid amounts.  _________(My initials signify my understanding and acceptance of Section 13)
 
            Collection  I will immediately return the instrument to you upon demand.  If the instrument is not returned as required, I will pay the full purchase price, plus any outstanding balance.  I agree to pay all collection fees, including, but not limited to, attorney’s fees. (Collection fees can be up to 30%)  I authorize you to charge my credit card for any unpaid amounts.  You may contact me at my home or place of business in connection with your collections.  _________(My initials signify my understanding and acceptance of Section 14)
 
           Governing Law  I agree that the terms of this agreement are governed by New Mexico law, and that Bernalillo County is the only place where you or I may file any action relating to this agreement.  I agree to pay your attorney's fees and costs in any lawsuit relating to this agreement, including appeal. 
 
I have read, understood, and accepted all of the terms and conditions of this agreement.  I have initialed one line in Section 6, and the lines in Sections 7, 10, 12, 13, and 14.  I understand that this writing constitutes our entire agreement and that there are no terms or conditions not contained herein.
 
Phone: 505.889.2999
Toll Free: 800.284.6546
Email: Click here

3201 Carlisle Blvd. NE
Albuquerque, NM 87110
NEW! Currently open ONLY by appointment and for curbside service in compliance with New Mexico State Public Health Emergency Orders (see notice on homepage) during the following hours:
Tuesday through Friday: 9am to 6pm
Saturday: 9am to 5pm
Sunday & Monday: CLOSED
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