Rent-To-Own Contract - Creative Music Center printable pdf download

RENT-TO-OWN CONTRACT

SOUTHBURY MUSIC STUDIO

CREATIVE MUSIC

ORANGE MUSIC STUDIO

SHARPS & FLATS

a rental affiliate

CENTER

100 Main St. N, Southbury, CT

501 Boston Post Rd., Orange, CT

32 Danbury Rd., Ridgefield, CT

701 Main St., Monroe, CT

(203) 805-8767

(203) 799-0002

(203) 438-3300

(203) 261-7301

sfmusic.biz

For billing questions, call 203-261-7301

Parent/Guardian Name:* ______________________________________________________________________________________________________

Address:*_________________________________________________ City:*_________________________ State:*_______ Zip:*__________________

Home Ph:* _________________________________ Cell Ph:* _______________________________

May we contact you via text? q Yes q No

Email:*

_____________________________________ Driver’s License # & State:* __________________________________________

(For internal use only)

Employer:* ______________________________________________ Work Phone:* ____________________________________________________

Nearest Relative

Contact Name:*________________________________________________ Phone: ____________________________

(Not living with you)

Student Name:* _____________________________________________________________________________________________________________

School:*___________________________________________ Grade:*____________ Music Teacher: ________________________________________

Category A: $27/mo.

Category B: $45/mo.

Category C: $79/mo.

q Alto Sax

q Clarinet

q Trumpet

q Oboe

q Baritone Horn / Euphonium

q Flute

q Snare Kit

q Piccolo

q French Horn

q Soprano Sax

q Trombone

q Bell Kit

q Viola

q Tenor Sax

q Cello

q Violin:

q Combo Kit

(sizes) 15.5”, 16”

(sizes) 1/4, 1/2, 3/4, 4/4

q Upright Bass:

(sizes) 1/4, 1/2, 3/4

(sizes) 1/8, 1/4, 1/2, 3/4, 4/4

q Viola

(sizes) 11”, 12”, 13”, 14”, 15”

School year options available while supplies last.

Category D:

* Prices for bass clarinet, baritone sax, bassoon, tuba 3/4 and marching brass are available upon request.

Recommended Accessories

For Staff Use Only

q Method Book

$ ________

RENTAL FEES

q Shoulder Rest

$ ________

q Music Stand

$ ________

Monthly Base Rental Fee $______________ # of Payments:

____________

q Polishing Cloth $ ________

M&R

$______________ Next due date:

____________

q Care Kit

$ ________

q Cleaning Cloth $ ________

Tax

$______________ Employee’s Initials: ____________

q Reeds (

) $ ________

10 pack

q Strings

$ ________

Total Monthly Rental Fee $______________

(CT Sales Tax will be added)

Manufacturer: ____________________

L/N Serial #: ___________________ MSRP: $_____________ Cash Price: $_____________

Credit Card Information

Print Name: ____________________________ Signature: X______________________________________ Date: ________________

Card holder name must match parent or guardian name.

I authorize Creative Music Center to auto charge my credit card each month. If my account becomes 10 days past due,

I understand a $10 late fee will be added to my account. __________ (Please initial)

CC Number:

Exp. Date:

CVV Code:

CC Type: q AMEX q Visa/MC q Discover

q Debit

What You Need to Know About Your Rental

• Your instrument may be returned at any time. (A receipt is required for proof of return.) Providing your account is current, this contract will be immediately terminated. Note: The

instrument must be returned in good, working, rentable condition* and intact, with all accessories. If any portion of the instrument is missing, you will be required to purchase the

item for replacement with the instrument when it is returned. If an instrument is damaged beyond repair when it is returned, you will be responsible for the replacement cost of that

instrument, ranging between $300-$1000, depending on the instrument. We are not responsible for personal items left in the case.

• You have the option to purchase the instrument you are renting at any time, or a new instrument of the exact same model at current MSRP. You may also transfer your equity to an

intermediate or professional instrument. You will receive 20% off your balance (after all rental payments have been applied) plus tax, providing your account is current. Rental payments

are applied to the MSRP first, then the 20% discount is taken.

• The monthly rental fee for Category A is $27 ($20 equity, $5.39 M&R, $1.61tax). The monthly rental fee for Category B is $45, ($33 equity, $9.31 M&R, $2.69 tax). The monthly rental

fee for a Category C is $79, ($59.00 equity, $15.28 M&R, $4.72 tax). Limited quantities of School Year Option instruments are available for our School Year Option Program. Prices for a

School Year Option are as follows: Category A: $175 ($110 equity, $54.55 M&R, $10.45 tax); Category B: $239 ($160 equity, $64.73 M&R, $14.27 tax) and Category C: $359 ($240 equity,

$97.57 M&R, $21.43 tax). School Year Options must be paid in full at the time of rental and are due back on or before June 15, 2017, regardless of the date rented. If you choose School

Year Option, there are no refunds. Rentals not returned by June 15, 2017 will automatically be converted to the monthly rental program associated with the category of the instrument

rented. Customers choosing the School Year Option may not transfer equity from one instrument type to another. The School Year Option is a promotional program for students new to

their school music education program and therefore is available to first-time renters only.

• MAINTENANCE AND REPAIR: Rental instruments are not typically covered by personal homeowner’s insurance policies. Information about the M&R is available on the back of this

form. M&R is a cost-effective way to cover damage up to $200 for band instruments and $100 for orchestra instruments. M&R does not cover replacement of an instrument that is no

longer usable. M&R does not cover replacement of instrument accessories such as straps, reeds, mouthpieces, mallets, strings (viola, violin, cello and bass), bridges, or pegs. Creative

Music Center reserves the right to decline a replacement if it is determined that the damage is a result of purposeful damage and/or negligence. If the instrument is unable to be repaired

as a result of purposeful damage, or if the repair estimate is in excess of $200 for band instruments and $100 for orchestra instruments, M&R is voided, and the customer is responsible

for the full value of the instrument. In the case of theft, a police report is required within 72 hours of the disappearance. Customers should not attempt to repair an instrument at home.

If your account becomes more than 30 days past due, the M&R is suspended until full payment is received. M&R does not cover the instrument if it is lost.

• All rental fees (excluding tax and M&R) are applied towards the purchase of the same type of instrument, providing it is of equal or greater value than the instrument currently being

rented. If at the time of purchase, you would like to purchase a new band or orchestral instrument, all accumulated rental fees will be transferred to the new instrument, providing the

new instrument is of equal or greater value than the instrument currently rented. Customers are responsible for the difference in retail cost between the MRSP of the initial instrument

rented and the MSRP of the new instrument being purchased.

• By signing this Rental Agreement, you are assuming full responsibility for the instrument with the serial number as listed above or any exchange(s) done during the rental

agreement.

Rent-To-Own Contract - Creative Music Center

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