1212LLC Production Rental Terms and Conditions
Upon booking and payment of deposit I ( customer) agree to the following terms:

This Rental Terms and Conditions is made effective immediately upon agreement between 1212LLC (the "Lessor"), 
1212 East 10th Street Charlotte NC 28204

and the customer, renter or "Lessee".
and states the agreement of the parties as follows:

PAYMENT TERMS. The total lease agreement full payment due, based on a rate as detailed in Lessor’s cost of use, is due and payable prior to or on the rental date, at the time any rented space or equipment is used or picked up ( before it leaves the studio).
Charges will be computed from the effective date of this agreement until the equipment or rental period is returned or complete.

CANCELLATION: Should the Lessee need to cancel a confirmed venue rental date or time specified will be due per the following terms:
Cancellation within 25-48 hours of confirmed rental dates: refund 100% of deposit paid . refund 0% any expenses incurred by Lessor.
Cancellation within 24 or less hours of confirmed rental order: refund 0% of deposit paid . refund 0% any expenses incurred by Lessor.
Deposits are non-transferable or applicable to other rental dates/time unless decided before 24 hours of dates booked.

INSURANCE. The Lessee shall insure the equipment and persons present in the 1212 studio space in an amount sufficient to cover the replacement cost of the equipment, general liability, and if any fitting or exceeding the requirements below:
Certificate of Insurance required needs to cover 1212, LLC as additional insured/loss payee for rented equipment and space.
Coverage for general liability for $1,000,000
Rented equipment coverage for $75,000
Insured:
1212, LLC
1212 east 10th Street
Charlotte NC 28204
704 965-3276
Should the Lessee not have or be able to obtain a certificate of insurance, the lessor will offer a one-time insurance coverage purchase for the cost of repair or replacement value of items damaged beyond repair. Insurance coverage will be available for purchase the rental value of the order or $150.

With this purchase, the Lessor will assume liability for any injury caused directly by equipment malfunction  but will not include liability for any injury NOT directly caused by equipment rented from 1212, LLC. 
TAX. Sales and/or use tax, if required, is included. 
SERVICE CHARGE. (Applies to pre-approved credit accounts only/payable in 30 days)

If any Lease installment is not paid within 30 day(s) after the due date, the Lessee shall pay to the Lessor a service charge of For every 30 days an invoice remains outstanding, a 5% charge will be added to the balance due. 
NON-SUFFICIENT FUNDS. The Lessee shall be charged $50.00 for each check that is returned to the Lessor for lack of sufficient funds. 
LEASE TERM. This Lease shall begin on the above effective date and shall terminate on _________________, unless otherwise terminated in a manner consistent with the terms of this Lease. 
CARE AND OPERATION OF VENUE AND EQUIPMENT. The venue and equipment may only be used and operated in a careful and proper manner. Its use must comply with all laws, ordinances, and regulations relating to the possession, use, or maintenance of the equipment, including registration and/or licensing requirements, if any. 
ALTERATIONS. Lessee shall make no alterations to the equipment without the prior written consent of the Lessor. All alterations shall be the property of the Lessor and subject to the terms of this Lease. 
MAINTENANCE AND REPAIR. The Lessee shall maintain, at the Lessee's cost, the equipment and venue in good repair and operating condition, allowing for reasonable wear and tear. Such costs shall include labor, material, parts, and similar items. 
LESSOR'S RIGHT OF INSPECTION. The Lessor shall have the right to inspect the equipment and space  during Lessee's paid hours at Studio1212. 
DEFAULT. The occurrence of any of the following shall constitute a default under this Lease: 
A. The failure to make a required payment under this Lease when due. 
B. The violation of any other provision or requirement that is not corrected within 2 day(s) after written notice of the violation is given. 
C. The insolvency or bankruptcy of the Lessee. 
D. The subjection of any of Lessee's property to any levy, seizure, assignment, application or sale for or by any creditor or government agency. 
RIGHTS ON DEFAULT. In addition to any other rights afforded the Lessor by law, if the Lessee is in default under this Lease, without notice to or demand on the Lessee, the Lessor may take possession of the equipment as provided by law, deduct the costs of recovery (including attorney fees and legal costs), repair, and related costs, and hold the Lessee responsible for any deficiency. The rights and remedies of the Lessor provided by law and this Agreement shall be cumulative in nature. The Lessor shall be obligated to re-lease the equipment, or otherwise mitigate the damages from the default, only as required by law. 
ASSIGNMENT. The Lessee shall not assign or sublet any interest in this Lease or the equipment or permit the equipment to be used by anyone other than the Lessee or Lessee's employees, without Lessor's prior written consent. 
ENTIRE AGREEMENT AND MODIFICATION. This Lease constitutes the entire agreement between the parties. No modification or amendment of this Lease shall be effective unless in writing and signed by both parties. This Lease replaces any and all prior agreements between the parties. 
GOVERNING LAW. This Lease shall be construed in accordance with the laws of the State of North Carolina. 
SEVERABILITY. If any portion of this Lease shall be held to be invalid or unenforceable for any reason, the remaining provisions shall continue to be valid and enforceable. If a court finds that any provision of this Lease is invalid or unenforceable, but that by limiting such provision, it would become valid and enforceable, then such provision shall be deemed to be written, construed, and enforced as so limited. 
WAIVER. The failure of either party to enforce any provision of this Lease shall not be construed as a waiver or limitation of that party's right to subsequently enforce and compel strict compliance with every provision of this Lease. 
CERTIFICATION. Lessee certifies that the application, statements, trade references, and financial reports submitted to Lessor are true and correct and any material misrepresentation will constitute a default under this Lease. 
DISPUTE RESOLUTION. The parties will attempt to resolve any dispute arising out of or relating to this Agreement through friendly negotiations amongst the parties. If the matter is not resolved by negotiation, the parties will resolve the dispute using the below Alternative Dispute Resolution (ADR) procedure. 
Any controversies or disputes arising out of or relating to this Agreement will be submitted to mediation in accordance with any statutory rules of mediation. If mediation is not successful in resolving the entire dispute or is unavailable, any outstanding issues will be submitted to final and binding arbitration under the rules of the American Arbitration Association. The arbitrator's award will be final, and judgment may be entered upon it by any court having proper jurisdiction.


STUDIO 1212
Jim McGuire (owner)
jim@studio1212.info
704-965-3276
East 10th street
Charlotte NC 28204



Copyright © All rights reserved.