RENTAL TERMS OF AGREEMENT

Rental item(s) are the property of Clark College and in accepting the terms of the rental program, I accept the responsibility to care for the rental(s) per this agreement.

Rental fees are refundable in accordance with the Bookstore's refund policy.

ALL RENTALS ARE DUE TO THE BOOKSTORE NO LATER THAN 4:00PM THE FRIDAY OF FINALS WEEK (no exceptions to this deadline)

It is my responsibility to return rentals by the deadline. I acknowledge that for any items that miss this deadline the credit card provided as "guarantee tender" will be charged the Non-Refundable replacement price(s) that appear on the original reciept equal to new retail less 25% plus applicable sales tax,and I will then own the item(s).

I acknowledge all rental returns must be deemed in resalable condition, free of tears, liquid damage, writing, or excessive highlighting and include all accompanying materials. Clark College Bookstore reserves the right to examine each rental return to make this determination. The credit card provided as "guarantee tender" will be charged the replacement price(s) equal to new retail less 25% plus applicable sales tax for any rental deemed to be in non-resalable condition. I will then own the item(s) charged. If renter is not present at time of billing, the Bookstore will attempt to notify renter for pick up; rentals) will be held for 14 business days, upon which time uncollected rentals will be considered abandoned and will be donated or destroyed.

"Guarantee tender" is defined as the credit card provided by the renter to be charged should the conditions of the agreement fail to be met. Higher One cards will not be accepted as guarantee tender. Credit Cards with expiration dates Prior to the quarter's Rental Due Date will not be accepted as guarantee tender. I will not exceed the limit or cancel the guarantee tender card provided, until all the rented materials are either returned to the Bookstore by the deadline or the fees indicated above are paid in full.

If my guarantee tender credit card is declined by the issuing agency, Clark College Bookstore will place my student records on hold and invoice me for the replacement price(s) of all non-returned rental(s) at the rate of new retail less 25% plus applicable sales tax, plus a $15.00 processing fee. Replacement costs not resolved will cause me to be ineligible for the rental program and my case will be forwarded to the business office and subject to collections. Any debt turned over to a collection agency will incur a collection fee added to the balance. Until payment is received, all of my records will remain on hold. I will be unable to receive grades or transcripts and will not be allowed to register for classes. If/when rental resolution is met; it may take up to one week for a record hold to be released.

Effective as of 1/11/12