Park With Us Agreement

This service works exactly like our Rentals – just that you will share 50% of the total profit.

By engaging with our ‘Park With Us’ service, you agree to the following Terms & Conditions. Please read carefully before you list your leotard through us.

 

1. Limits

  • Studio M’s ‘Park With Us’ service is only available in Malaysia, Singapore and Brunei.
  • You can park your leotard with us for as long as you like. Our service has no limited time duration.
  • If you are interested in earning a passive income through our ‘Park With Us’ service, kindly fill up the application form.
  • Studio M provides cleaning, and minor repairs (falling crystals, loose stitches) once the costume is returned to us.

 

2. Payment & Deposits

  • In our profit-sharing service, you will earn 50% of the total rental fee. 
  • Studio M will handle all payments and deposits, in accordance to our Rental Agreement.
  • You will be paid your share 3 business days after your leotard has been returned to us, once we have cleaned and inspected the costume for the next renter.
  • Studio M will come to a mutual decision with the Leotard Owner on the value of their leotard.

 

3. Withdrawing from the ‘Park With Us’ Service

  • You can withdraw from our service at any time.
  • Kindly give us a 7-day notice in the event that you decide to withdraw from this service. 
  • If your leotard is being rented out when you enquire to withdraw from our service, you will have to wait for 3 days after the leotard has been returned to us for processing, cleaning and minor repairs.

 

4. Damages & Loss of Item

  • If an item is returned with irreversible damage*, you will take 100% of the security deposit reserved by Studio M, as per the Rental Agreement.
  • If the item is returned late, Studio M reserves the right to keep the Late Fee.

 

5. *Definition of ‘Damages’

  • We understand that minor wear can happen. We consider crystal loss of 30%, and tears bigger than 4cm as damaged beyond repair.

 

6. Cancellations by Studio M

  • Orders cancelled within 1 working day or the same day of booking are eligible for a full refund. 
  • If the Leotard Owner keeps asking for the costume back last minute/ too often, Studio M reserves the right to refuse to re-engage with them, and any future interests of profit-sharing with Studio M will be denied. 

 

7. Liability Waiver

  • Studio M is not liable for any injuries, allergic reactions, or damages caused by the use or misuse of rented items.

 

Studio M reserves the right to update these terms at any time. By using Studio M’s rental service, you acknowledge that you have read, understood, and agreed to these Terms & Conditions, from the date your order was placed.