Terms & Conditions
Customer Rental Agreement – Standard Terms and Conditions
This Customer Rental Agreement (Rental Agreement) is entered into between Customer, as named on page one (1) of the Rental Agreement and Corporate Rentals, LLC (CR). Customer agrees to lease from CR the items listed on page one (1) of the Rental Agreement, and will keep the leased property at the delivery address listed on page one (1) of the Rental Agreement. Customer acknowledges the monthly rental rate as stated on Page one (1) of the Rental Agreement and agrees to pay this amount by the due date each month. This is a lease of personal property and not a conditional sales contract or installment sales contract. In consideration of the mutual Terms and Conditions contained in this Rental Agreement, which are expressly incorporated, CR and Customer agree:
LEASE TERM: Lessee agrees to rent from CR, in accordance with the terms and conditions of this Rental Agreement, the Leased Property for a minimum period of months commencing on the date of delivery (“Lease Term”). If the Leased Property is not returned at the end of the stated Lease Term stated, the lease shall be extended from month to month on the terms and conditions stated in this Agreement. All monthly charges are payable in advance each month without further notice. If Customer returns the leased property prior to the expiration of the monthly renewal date, no pro-ration of amounts due shall be given and Customer is liable for a full month’s rent. Customer must maintain their lease at CR’s monthly rental minimums throughout the life of the lease.
SECURITY DEPOSIT: A security deposit is pledged by Customer to secure the full payment of all damages and losses for which Customer may become obligated and also for the prompt payment and the timely performance of all Terms and Conditions of this Rental Agreement. The security deposit will be returned to the Customer, less any outstanding balances due to CR, within 30 business days after the date of termination of this Rental Agreement and the return of the leased property. Customer shall be liable for any damage or loss in excess of the security deposit. It is the Customer’s sole responsibility to inform CR of any changes in credit card information.
PERMISSION TO CHARGE CREDIT CARD: I hereby authorized CR to charge my credit card indicated in the billing section of this order and future charges arising out of or related to this Lease Agreement of the leased property.
PICK UP: Complete or “full” pick up of the leased property requires a standard notice of 30 days. A fee of $150.00 will be assessed for any pick up with less than a 30 day notice, and is subject to truck availability.
TRANSPORTATION FEES: The initial delivery fee is listed under order summary. This fee assumes the truck will be able to park within 100 feet of the delivery destination or elevator to the destination. For situations which require a greater haul or require more than one flight of stairs for the scheduled service, an additional handling fee of $100 per 100 feet or flight of stairs after the first 100 feet or flight of stairs will be charged to the Customer. Additional fees for subsequent transportation needs are as follows:
- Delivery and Full Pick Up – The standard transportation fee of $150 will be assessed with the initial charges. This fee includes services for standard transportation. Additional fees may be required as stated in this
- Partial Delivery/Pick Up – Adding, removing, or exchanging Leased Property to your lease after the initial delivery will incur a transportation fee of $150.00.
- Moves – Fees for CR to move the Leased Property from one location to another will be based on individual lease and is subject to route availability. Please contact customer service for a custom quote.
- Rescheduling/Abort – Any scheduled service rescheduled or aborted after 12:00p.m. on the day preceding the date the service is to be rendered, will be assessed a rescheduling/abort fee of $150.00. If the scheduled service is on a Monday, then the Customer must contact CR by 12:00p.m. the preceding Friday to avoid this
- Cancellation/Abort – Cancellation or abort of a scheduled service after 12:00p.m. on the day preceding the date the service is to be rendered, will be assessed a cancellation/abort fee of $150.00 or the amount equal to the first month’s rent, whichever is greater. If the scheduled service is on a Monday, then the Customer must contact CR by 12:00p.m. the preceding Friday to avoid this
TRANSPORTATION SCHEDULE: CR will provide a three (3) hour “window” of arrival. Customer will receive an email the evening prior to their scheduled service. Customer can also contact CR’s Dispatch Office at 301-317-4040, Monday thru Friday after 9am the day of the scheduled service to receive the assigned three (3) hour time window.
CUSTOMER’S RESPONSIBILITY FOR MAINTAINING THE LEASED PROPERTY: It is the customer’s responsibility to maintain the property, to keep it in good condition, and to return it to CR at the end of the lease term or otherwise as required by this Rental Agreement in the same condition as when received by the customer, normal wear and tear accepted. Customer is responsible for return of the furniture free of pet stains and hair, bed bugs, damage from smoke, or careless destruction such as, but not limited to, cigarette burns, stickers, and any surface carvings. These damages, as well as, furniture that is missing, stolen or destroyed by fire, flood, or other, will result in the customer reimbursing CR the retail cost of the furniture. All leased property has been thoroughly sanitized and is free of insects. Should, at any time, the furniture become infested with insects, while in the Customers possession, and/or due to the Customer or Customers domicile, the Customer is responsible for all costs arising for furniture sanitization and/or replacement. Customer must maintain CR’s identification label on the property. The leased property must not be removed from the address to which it is delivered without CR’s written consent.
OPTION TO PURCHASE: So long as the Customer is in compliance with all Terms and Conditions of the Rental Agreement, Customer has the option of purchasing the leased property for its fair market value, as determined by CR, plus applicable sales tax. The Customer must contact CR prior to the pick up to advise them of their intent to purchase. Purchase is not considered complete until payment is received in full.
CUSTOMER PROTECTION PROGRAM: Customer will pay CR a Customer Protection Program fee (CPP). With acceptance of CPP fee, CR assumes the risk of damage to its leased property arising from earthquake, fire, smoke, damage by heating and air-conditioning, wind and water damage, and accidental Customer damage resulting in chips, scratches, and food and beverage stains. The CPP is 10% per month of the monthly rent. This plan, at no time covers the following damages: cigarette burns, pet damage, bed bugs, stickers, and any surface carvings, or negligent damage, etc. It also does not cover theft or loss of possession. If Customer declines/waives CPP, Customer must provide CR, prior to delivery, with a certificate of insurance evidencing fire and extended coverage protection for the full replacement value of the property with CR named payee in a loss payable clause.
LATE FEES AND RETURNED CHECK FEES: For any payment received more than five (5) days after the due date, CR will charge 10% of the monthly invoice, or a $35.00 late fee, whichever is greater. The charge for a returned check is $35.00 and a late fee will be assessed. All late charges and returned check charges shall be either assessed against the security deposit held by CR or charged to Customer. Acceptance of any late payments shall not constitute a waiver of this assessment.
COSTS OF COLLECTION AND ENFORCEMENT: Unless there is an agreement to otherwise extend credit, interest at the compounded rate of 1-1/2% per month shall be assessed on any outstanding, unpaid balance from the date of default. Customer shall pay to CR all costs and expenses including, reasonable attorney’s fees and court costs, the fees of collection agencies, and other expenses such as, but not limited to, telephone and facsimile charges, incurred by CR in enforcing this rental agreement or any provision hereof. In addition, after the return of leased property to CR, Customer shall pay CR a monthly finance charge of 1 ½% on any unpaid balance.
VENUE: It is hereby agreed that this contract is entered into when approved by an authorized agent of CR at its corporate headquarters in Savage MD. To the extent permitted by law, this agreement shall be “special contract in writing” stipulation that venue for any action arising out of this agreement shall be brought only within the courts of Howard County MD.
DEFAULT: CR may terminate this Rental Agreement prior to the end of the rental term if the Customer fails to make payments when due, fails to perform any of its obligations under the Rental Agreement, Customer becomes insolvent or bankrupt or is found to have made any misrepresentation or false statement to CR in connection with this Rental Agreement. Customer acknowledges that CR has certain fixed costs, which are incurred by CR whether or not the Customer used the furniture for the full lease term. Therefore, if Customer returns the leased property to CR prior to the expiration date of the lease, it is expressly agreed that the Customer shall pay CR for Liquidated Damages equal to the full contract amount. In the event that there is a default in the rental payments, said default shall entitle CR with or without notice, to the immediate return of all leased property. If said leased property is not returned within five (5) business days after demand, CR shall be entitled to immediate and unconditional return of all leased property. Customer and customer’s agents hereby authorize CR the right of entry into the property to which the leased property was delivered or known to be stored, and the right to use reasonable self-help or other means to obtain possession of the leased property. Customer agrees to indemnify and hold harmless CR and its agents and employees, as well as any property owner, manager, or other person who assists CR in retrieving its leased property.
MISCELLANEOUS PROVISIONS: The Rental Agreement contains the complete and final agreement between the undersigned. It may be amended only by a written agreement signed by both parties. Wherever possible, each provision of this Rental Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Rental Agreement shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity without invalidating the remainder of such provision or the remaining provisions of this Rental Agreement. The headings of the paragraphs and subparagraphs of this Rental Agreement are included for purposes of convenience only and shall not affect the construction or interpretation of its provisions. This Rental Agreement shall be binding upon and is for the benefit of the parties, their heirs, executors, administrators, legal representatives, successors and assigns, subject to the provisions prohibiting assignment.
SECURITY INTERESTS: It is understood that this transaction is a lease and not a conditional sale or financing agreement. Title and ownership to the Leased Property remain vested in CR, and customer may not grant a security interest of any kind in the leased property. Customer shall keep the leased property free and clear from all levies, attachments, liens and encumbrances. In the event that any person or business other than CR attempts to create or assert an interest in the leased property, the customer shall give CR immediate notice thereof and shall take such action as CR requires.
LIMITATION OF LIABILITY: To the maximum extent permitted by law, lessor hereby disclaims any and all liability associated with lessee’s use of any electronic equipment leased hereunder, including without limitation, the storage of personal and/or account information, credit card numbers, account log-in information, and the like, associated with such use. Lessee agrees to remove any such information from leased electronic equipment prior to the return of such equipment.
WARRANTIES: CR will deliver the leased property in good condition. CR makes no warranties, express or implied, and specifically disclaims any warranty of fitness for a particular purpose or merchantability.
ENTIRE AGREEMENT: The Customer Rental Agreement and Terms and Conditions sets forth the entire understanding between the parties. Any amendments or changes hereto other than those related to substitution, deletion or addition of items of leased property shall be effective only if in writing and signed by both parties. CR reserves the right to substitute the leased property for similar property if the item is out of stock. Amendments deleting or adding items of leased property and changing Customer’s payment obligations accordingly shall be effective if included in written addendum prepared by Fashion and furnished to Customer unless Customer objects in writing with in five (5) days of receipt of the addendum.