Rental Contract Terms and Conditions

1. Customer may return the instrument listed above at any time after the three month minimum rental term. Monthly rental payment is due by the 1st of each month. No refund of money will be made when the instrument is returned as all the money paid shall be considered rent until the instrument is paid in full.
   
2. All money paid as rent will apply toward the purchase of the instrument.
3. A $5 per month late fee will be assessed on all accounts 7 days past due. After 30 days a 1.5% monthly interest on remaining balance is added plus the $5 per month late fee.
4. If the instrument is returned it must be complete with all items covered by the contract. Missing parts or included accessories not returned with instruments must be paid for at the time of return including any accessories. Returns are the responsibility of the renter.
5. If the instrument is lost, stolen, destroyed or for some reason ceases to be under the renters control, the terms of this agreement shall remain in effect. If for any reason it becomes necessary for Violin Shop Tampa, Inc. to seek a legal remedy to recover instruments or employ the services of a collection service to recover any past due balances or recover any instruments it is understood and agreed that the renter/purchaser will have the sole responsibility for payment in full of any costs incurred by Violin Shop Tampa, Inc. in pursuit of said recovery.
6. This instrument may be exchanged for a different type of instrument with principal only applying toward the exchange instrument. Exchange can be made for any instrument of greater value and similar condition and use.
7. Title to the instrument shall remain with Violin Shop Tampa, Inc. until all sums due hereunder are fully paid. I agree not to sell, pawn, mortgage, remove from the state, or otherwise dispose of this instrument until paid in full.
8. Should I default on any two consecutive monthly payments or fail to answer any correspondence, Violin Shop Tampa, Inc. may assume that I do not wish to continue the contract and may take possession of the instrument wherever found, at school or elsewhere.
9. If the rental account becomes behind for any reason the next attempt to bill the card number on file will include all past due, late charges as well as current charges.
10. You the buyer may cancel this transaction and return property at any time prior to 7 pm of the third business day after the date of this transaction.