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This Piano Keyboard Rental Agreement ("Agreement") is entered into on
by and between:
Prolific Creation Studios LLC
10725 W DICKERSON DRIVE
MARANA AZ 85653
Info@ProlificCreations.org
480-520-0911
and
and will continue on a month-to-month basis until either party provides written notice of termination at least 7 days in advance.
Rental Fee: The renter agrees to pay a monthly rental fee of $10, payable in advance on the 1st of each month. Late payments may incur additional charges.
Security Deposit: A refundable security deposit of $50 is required. This deposit will be returned to the renter within 14 days after the piano keyboard is returned, provided there is no damage or excessive wear.
Care and Use: The renter agrees to use the piano keyboard responsibly and take all necessary precautions to prevent damage. The instrument must be kept in a secure and climate-controlled environment.
Maintenance and Repairs: Any repairs or maintenance required during the rental period are the responsibility of the owner. However, if damage is incurred due to negligence or misuse by the renter, the cost of repairs will be deducted from the security deposit.
Loss or Theft: The renter is responsible for the piano keyboard's safety during the rental period. In the event of loss or theft, the renter must notify the owner immediately. The cost of replacement will be deducted from the security deposit.
Delivery and Return:The renter is responsible for returning the instrument when it is no longer needed. The owner must be notified at least 7 days in advance of the intended return date.
Termination: Either party may terminate this agreement by providing written notice at least 7 days in advance. Upon termination, the piano keyboard must be returned in good condition, and the security deposit will be refunded accordingly.
Miscellaneous: This Agreement constitutes the entire understanding between the parties and supersedes any prior agreements or understandings, whether written or oral. Any modifications must be in writing and signed by both parties.
Late Fee Amount: The late fee will be an additional $10 of the monthly rental fee.
Grace Period: There will be a grace period of 3 days from the due date during which the renter can make the payment without incurring a late fee.
Notification: The owner reserves the right to notify the renter of the late payment and the applicable late fee charges. Such notifications may be sent via email or other written communication.
Application of Late Fee: The late fee will be applied to the next month's rental payment. If the renter fails to pay the late fee, it will be deducted from the security deposit upon termination of the agreement.