RENT-TO-OWN

CONTRACT TERMS AND CONDITIONS

BAND INSTRUMENTS AND FULL-SIZE ORCHESTRA INSTRUMENTS

MONTHLY RENTAL – This is a month to month lease with the option to purchase. 100% of the monthly rental payments minus M&R (Maintenance and Replacement Insurance) can be applied toward the purchase of the instrument.

PAYMENTS – For the Renter’s convenience we offer Autopay. The rental payment will automatically be charged to a credit or debit card on file on the same day each month. It is up to the Renter to ensure payments are received on time. Statements are only mailed as a reminder when the payment is past due.

Payments may also be made through the KBI website, by phone, in store or mailing a check. If you choose not to use Autopay, we reserve the right to perform a credit check. Rental fees are nonrefundable and nontransferable. All online rentals will automatically be set up on autopay. If the Renter would prefer to pay by another method, it is up to the Renter to contact KBI.

OWNERSHIP OF THE INSTRUMENT- KBI Music Shoppe retains title of ownership throughout the rental period. When regular payments equal the agreed purchase price, established at the time of rental, title of ownership will be passed to the Renter. Renter agrees to notify KBI if there is a change of address.

DEFAULT – If a payment is not received within 10 days of the monthly contract date, this contract is terminated and KBI reserves the right to retain possession of the instrument on sight or demand with or without the Renter’s knowledge. The Renter is responsible for all costs and expenses incurred in collection including attorney’s fees and court costs. Late Payments are subject to a $10.00 late payment fee each month. Returned Checks will be charged a $30 NSF fee.

If the Renter is more than 30 days late in paying any sums under this agreement, the Renter authorizes KBI Music Shoppe to charge the credit card on file for any sums due including the remaining purchase price less credit for previous paid rent, if the instrument is not returned to KBI Music Shoppe.

RETURNING THE INSTRUMENT – If the Renter should decide to no longer continue the lease, the instrument may be returned at any time. Call 540-891-7800 or email [email protected] for proper return authorization and instructions. Monthly rental rates are not prorated; therefore refunds are not issued if an instrument is returned. The Renter is liable for all payments and total cost of the rental unless there has been authorization from KBI.

EXCHANGING AN INSTRUMENT - The instrument may be exchanged up to 18 months into the contract for equal or greater value student level instrument should the student change instruments. This exchange is ONLY for the student who is listed on the original contract. After 18 months, a letter is required from the band director confirming the student is changing instruments. When applicable any difference in price categories between instruments will be reflected in the rental contract.

LOCATION OF INSTRUMENT – The Renter cannot move the instrument from the address shown in this agreement or school without notifying KBI. The Renter is responsible to update all personal information. The Renter may not sell, pawn, or dispose of the instrument while this contract is in effect.

MAINTENANCE AND REPLACEMENT COVERAGE (M&R) - REQUIRED Maintenance and replacement coverage is required on all rentals. This coverage includes normal adjustments and routine maintenance. Any accidental damage to the instrument which interferes with its performance will be restored to playing condition including replacement parts. All maintenance and repair MUST be made by KBI Music Shoppe.

Coverage does not include deterioration of the instrument’s appearance from scratches, dents, surface wear etc. that do not affect playability. It does NOT include LOST or MISPLACED parts or mouthpieces or expendable accessories like reeds, oils, rosin, drumsticks and mallets, etc. CASES are NOT included. Neglect and intentional damage are NOT covered. KBI determines what is accidental and what is neglect.

Replacement coverage for the following is included for the duration of the rental period. For woodwind instruments –A) 1 mouthpiece and 1 ligature due to damage. For string instruments- B) Replacement of strings C) Replacement of 1 bow due to damage.

If the instrument is stolen before the contract is paid in full, KBI will replace it with an instrument of equal age, value and quality as determined by KBI, provided all payments are current. Stolen instruments must be reported to the police immediately and a police report is required to claim damages of theft. M&R payments are not refundable and do not apply toward the purchase of the instrument.

M&R coverage will be considered “Not in Force” when payment lapses beyond the 10 day grace period.

REV 2020

RENT-TO-RENT

CONTRACT TERMS AND CONDITIONS
FRACTIONAL ORCHESTRA INSTRUMENTS

MONTHLY RENTAL Customer herby LEASES (no option of purchase is made or implied) the musical instrument described in this contract on an ongoing month-to-month rental basis. This contract only applies to ¾ violins or smaller, 14” Violas or smaller, or ¾ cellos or smaller.

PAYMENTS – For the renter’s convenience we offer Autopay. The rental payment will automatically be charged to a credit or debit card on file on the same day each month. It is up to the renter to ensure payments are received on time. Statements are only mailed as a reminder when the payment is past due.

Payments may also be made through the KBI website, by phone, in store or mailing a check. If you choose not to use Autopay, we reserve the right to perform a credit check. Rental fees are nonrefundable and nontransferable. All online rentals will automatically be set up on autopay. If the Renter would prefer to pay by another method, it is up to the Renter to contact KBI.

OWNERSHIP OF THE INSTRUMENT- KBI Music Shoppe retains title of ownership throughout the rental period

DEFAULT – If a payment is not received within 10 days of the monthly contract date, this contract is terminated and KBI reserves the right to retain possession of the instrument on sight or demand with or without the Renter’s knowledge. The Renter is responsible for all costs and expenses incurred in collection including attorney’s fees and court costs. Late Payments are subject to a $10.00 late payment fee each month. Returned Checks will be charged a $30 NSF fee.

If the Renter is more than 30 days late in paying any sums under this agreement, the Renter authorizes KBI Music Shoppe to charge the credit card on file for any sums due, if the instrument is not returned to KBI Music Shoppe.

RETURNING THE INSTRUMENT – If the Renter should decide to no longer continue the lease, the instrument may be returned at any time. Call 540-891-7800 or email [email protected] for proper return authorization and instructions. Monthly rental rates are not prorated; therefore refunds are not issued if an instrument is returned. The Renter is liable for all payments and total cost of the rental unless there has been authorization from KBI.

EXCHANGING AN INSTRUMENT – The Renter may exchange the fractional sized rental instrument for another fractional size rental instrument at any time without disruption of this agreement. This exchange is ONLY for the student who is listed on the original contract. When applicable any difference in price categories between instruments will be reflected in the rental contract.

ORCHESTRAL INSTRUMENT CREDIT – 100% of all on-time rental payments received (excluding the M&R and tax amounts) will be allowed toward the ownership of any full size Violin, Viola, or Cello that we offer for sale. This credit may only be applied towards the ownership of another orchestral instrument and the same instrument that is being rented.

LOCATION OF INSTRUMENT – The Renter cannot move the instrument from the address shown in this agreement or school without notifying us. The Renter is responsible to update all personal information. The Renter may not sell, pawn, or dispose of the instrument while this lease is in effect.

STANDARDS OF NORMAL WEAR AND TEAR – We expect “normal wear and tear” usage of the rented instrument while in the possession of the Renter. Our standard for assessing normal wear and use is that the instrument be returned in satisfactory playing condition with no significant cosmetic or structural damage.

MAINTENANCE AND REPLACEMENT COVERAGE (M&R) - REQUIRED Maintenance and replacement coverage is required on all rentals. This coverage includes normal adjustments and routine maintenance. Any accidental damage to the instrument which interferes with its performance will be restored to playing condition including replacement parts. All maintenance and repair MUST be made by KBI Music Shoppe.

Coverage does not include deterioration of the instrument’s appearance from scratches, dents,surface wear etc. that do not affect playability. It does NOT include LOST or MISPLACED parts or expendable accessories like rosin, etc. CASES are NOT included. Neglect and intentional damage are NOT covered. KBI determines what is accidental and what is neglect.

Replacement coverage for the following is included for the duration of the rental period. For string instruments A) Replacement of strings B) Replacement of 1 bow due to damage. If the instrument is stolen while under the lease agreement, KBI will replace it with an instrument of equal age, value and quality as determined by us, provided all payments are current. Stolen instruments must be reported to the police immediately and a police report is required to claim damages of theft.

 

M&R payments are not refundable. M&R coverage will be considered “Not in Force” when payment lapses beyond the 10 day grace period.

 

RENT-TO RENT- Fractional Size Orchestra Instruments

Unlike band instruments, orchestra instruments come in different sizes pending the height and reach of your child. You would not want to buy a fractional instrument as your child will outgrow it on their way up to a full size. We offer a Rent-To-Rent agreement for these fractional size instruments. 

Under this agreement you would rent the instrument on a month to month basis with no option to purchase the instrument you are renting. As your child grows, you can exchange the instrument for the next size.

Fractional size instruments include the following:

VIOLIN- 3/4 size or smaller
VIOLA – 14” size or smaller

CELLO- 3/4 size or smaller

Most of the Rent-to-Rent fractional orchestra instruments are previously rented instruments. They have been returned and reconditioned for the next student.

Once your child needs a full-size instrument, you can apply 100% of your rental payments toward a full-size instrument (minus sales tax & M&R).

 

RENT-TO-OWN- Full Size Orchestra Instrument

If you child is sized for a full size instrument, then our Rent-To-Own plan is perfect for you. 

Full size instruments include the following:

VIOLIN - 4/4 

VIOLA - 15" or larger 

CELLO - 4/4

We offer 2 Condition Levels for Full Size rentals:

• New – New instrument – never been rented
• Economy – Previously rented showing multiple signs of use

 

ALL RENTALS 

If your child does not continue in orchestra then the instrument can be returned at any time with no penalties.

All rentals require the Maintenance and Replacement Coverage. Please read the Terms and Conditions for further details.

Back to School Special - June 30- Oct 15- Rent 1 month and get 2 months free. 

                              LESSONS AVAILABLE 

 

KBI SCHOOL DELIVERY SCHEDULE

 

    

Weekly Delivery Schedule

Monday -  Caroline County, Henrico County, Orange County

    ORANGE COUNTY - Locust Grove MS 

    CAROLINE COUNTY - Caroline MS, Caroline HS 

    HENRICO COUNTY 

    WILLIAMSBURG-JAMES CITY COUNTY (as needed) 

 

Tuesday -  King George County and Stafford County

     KING GEORGE- Potomac Elem, Sealston Elem,  King George Elem,  King George MS, King George HS

     STAFFORD COUNTY HIGH SCHOOLS - Colonial Forge, Brooke Point, Stafford, North Stafford, Mountain View 

     STAFFORD COUNTY MIDDLE SCHOOLS - Shirley Heim, Stafford, Rodney Thompson, Dixon Smith, Gayle, AG Wright, HH Poole, Drew

     ALEXANDRIA CITY/ARLINGTON CITY (As needed)

  

Wednesday - Prince William County and Manassas City

     HIGH SCHOOLS -  Battlefield, Brentsville District, Colgan, Osbourn Park, Patriot, Unity Reed, Gainesville

     MIDDLE SCHOOLS - Benton, Bull Run, Gainesville, Marsteller, Nokesville, Parkside, Pennington Traditional, Reagan, Unity Braxton

     MANASSAS CITY  - Mayfield Intermediate, Baldwin Intermediate, Metz MS, Osbourn HS

 

Thursday - Prince William  County   

     HIGH SCHOOLS - Forest Park, Freedom, Gar-field, Hylton, Independence School, Potomac, Woodbridge

     MIDDLE SCHOOLS - Beville, Fred Lynn, Graham Park, Hampton, Lake Ridge, Porter Traditional, Potomac, Potomac Shores, Rippon, Saunders, Woodbridge

 

Friday - Spotsylvania County, Spotsylvania County Private Schools  

       SPOTSYLVANIA MIDDLE SCHOOLS -  Chancellor, Post Oak, Freedom, Thornburg, Battlefield, Spotsylvania, Ni River

       SPOTSYLVANIA HIGH SCHOOLS - Chancellor, Courtland, Riverbend, Massaponax, Spotsylvania

       FREDERICKSBURG CITY - Walker Grant MS, James Monroe HS

       PRIVATE SCHOOLS - Faith Baptist School, Fredericksburg Christian School, Fredericksburg Academy