RENTAL BENEFITS

• Graduated Sizes and Instrument Choice: Lisle Violin Shop offers a wide variety of sizes and rental levels for our customers to choose from when selecting an instrument to rent. We are constantly searching for the best instruments available at the most affordable prices.
• Protection Plan: Our Protection Plan includes coverage for theft, accidental damage, catastrophic damage, strings and routine maintenance. (See Protection Plan Terms and Conditions for more information.)
• Flexible Length of Term: The minimum rental is one month. If you discontinue the rental and return the instrument to Lisle Violin Shop, the last month’s rental payment is the last charge you will incur, except in the case of damage not covered by the Protection Plan and any past due rental fees. This agreement is month to month.
• Multiple Purchase Options: We offer many options for our rental customers who wish to purchase an instrument outfit.

PURCHASE OPTIONS 

Renter can accrue a discount equal to the monthly rental fees paid on this agreement (excluding Protection Plan and sales tax) toward the purchase of the current rental instrument or another larger or more expensive Lisle Violin Shop instrument available for purchase using rental credit. (Some instruments are excluded from purchase using rental credit. Please ask an associate for details.) The discount allowed toward an instrument, case, and bow purchase may not exceed 80% of the purchase prices of that instrument, bow, and/or case. This discount must be applied towards purchase of an instrument within 10 days of termination of this rental agreement or the accrued rental credit is forfeited. Discounts cannot be held for future application and are non-transferable. Renter MUST ELECT to purchase. Conversion of a current rental to purchase is NOT AUTOMATIC.

MONTHLY RECURRING PAYMENT INFORMATION

Monthly payments will be automatically deducted from a credit or debit card provided by the renter. The renter agrees to maintain the credit or debit card account open and within credit limits to permit the timely charges of the payments. The renter must inform Lisle Violin Shop in writing by the 5th of the month regarding any changes needed to the credit or debit card information for an upcoming payment.  Renter agrees to be responsible for any charges or fees assessed by the financial institution or collecting institution due to a closed or an uncollectable amount. Rental fees will be charged to your credit or debit card account between the 10th and 30th of the month for which the rental fee is due. 

FEE STRUCTURE AND STATEMENT PAYMENT POLICY

• Renter agrees to pay to Lisle Violin Shop, 4510 Burke Road, Pasadena, Texas 77504 or any other place designated in writing by Lisle Violin Shop the total monthly payment in advance as stated above for each month that the instrument, case, and/or bow are provided by Lisle Violin Shop for the use of the renter. Renter agrees to maintain the instrument, bow, and/or case in excellent condition and submit the instrument, case, and/or bow to Lisle Violin Shop for maintenance and repairs as needed under the terms and conditions of the Protection Plan. Rent must be paid for the entire time an instrument is in the renter’s possession, regardless of whether or not the instrument is being used. 

• The first payment is due on or before delivery. Subsequent payments are due on the tenth of each month. Rental charges are not prorated. If the rental agreement is not terminated by the tenth day of the month, the renter must pay the full rental charges for that month. If the credit or debit card on file declines for a payment, a statement will be mailed to the renter. Renter will be responsible for updating the credit or debit card information in the event the payment cannot be charged to the card on file.  Payments not received within thirty (30) days of the due date will be subject to a late charge of $5.00 per month. Maintenance and replacement protection will be suspended until the charges are paid in full. There will be a $34.00 handling fee for checks returned to us unpaid for any reason. Failure to receive a statement does not release the renter from the responsibility of making timely payments. 

• No maintenance or replacements will be made under the terms of the Protection Plan prior to receipt of the first payment. Loss due to fire, theft, flood, or accidental damage prior to the receipt of the first payment will not be covered and will be the responsibility of the renter. PLEASE NOTE: If the Protection Plan has lapsed due to non-payment, renter agrees to pay for maintenance and repair costs during the term of the rental and/or at the conclusion of the rental agreement according to the usual and customary charges for repair at Lisle Violin Shop.

• Renter may cancel this agreement at any time, provided that all charges are paid in full, by returning the instrument, case, and/or bow to Lisle Violin Shop. To return items through a school, the renter must SUBMIT A REQUEST to Lisle Violin Shop via phone, email or mail in order to receive confirmation of the request and have a pickup scheduled. If these instructions are not followed, the customer WILL REMAIN RESPONSIBLE for all charges and fees.

• The rental instrument, bow, and case/cover are the property of Lisle Violin Shop. Renter grants to Lisle Violin Shop the right to recover the instrument, bow, and case/cover at any place, and time, by any legal means, for nonpayment of charges. Lisle Violin Shop reserves the right to charge the renter the full value of the instrument, bow, and case if the account is delinquent 120 days or more. In addition, you agree to reimburse us the fees of any collection agency, which may be based on a percentage at a maximum of 50% of the debt, and all costs, and expenses, including reasonable attorneys’ fees that we incur in such collection efforts. Any information provided by the Renter on this Rental Agreement can be disclosed to a third party to recover the instrument, bow and/or case or to collect past due charges. Lisle Violin Shop’s Privacy Policy is available upon request.

Rev 01/2024