Payment Terms & Conditions
Version: 2026.06
Effective Date: June 15, 2026
These Payments Terms & Conditions (“Terms”) apply to all registrations for The Porto Fine Art Textile Residency (the “Residency”), organized by Lauretta’s Art Adventures, LLC, a Wyoming Limited Liability Company (“Organizer”). By registering and submitting payment, you acknowledge that you have read, understood, and agree to these Terms.
Registration Deadline
Registration for the September 2026 Porto Fine Art Textile Residency closes on June 30, 2026.(“Registration Deadline”)
After that date, no new registrations will be accepted unless expressly approved by the Organizer.
1. Deposits, Payments, Cancellations & Refunds
A deposit is required at the time of registration to reserve your space in the Residency.
The deposit amount will be clearly stated during registration and on your confirmation receipt.
Cancellation Policy
Participant Cancellation
A deposit is required at the time of registration to reserve your space in the Residency.
If a participant cancels their registration within thirty (30) days of registration and prior to the Registration Deadline, their deposit will be refunded in full.
Deposits become non-refundable thirty (30) days after registration or upon the Registration Deadline, whichever occurs first.
If the Residency is canceled by the Organizer, including due to insufficient enrollment, all payments received, including deposits, will be refunded in full.
Minimum Enrollment
The Residency requires a minimum of three (3) participants.
Participants will be notified on or before July 1, 2026 whether minimum enrollment has been met and the Residency is confirmed to run.
If the Organizer cancels the Residency for any reason, including insufficient enrollment, all payments received, including deposits, will be refunded in full.
Balance Payment
Participants whose registrations are confirmed following the July 1, 2026 enrollment review will receive an invoice for the remaining balance within seven (7) days.
The remaining balance is due no later than July 30, 2026.
If the balance is not received by the due date, the Organizer reserves the right to cancel the reservation.
After the Registration Deadline, additional registrations may be accepted at the Organizer's discretion, subject to availability. Registrations accepted after the Registration Deadline require payment in full at the time of registration.
Refunds After Full Payment
If you cancel your participation in the Residency after paying your remaining balance, the non-refundable deposit will be retained and the following refund schedule will apply to the remaining balance paid:
120 – 61 days before the Residency:
Refund of the remaining balance paid, less a $1,500 USD cancellation fee.
60 – 31 days before the Residency:
Refund of the remaining balance paid, less a $2,500 USD cancellation fee.
30 days or fewer before the Residency:
No refund.
All cancellation requests must be made in writing to the Organizer. No exceptions will be made beyond the terms outlined above.
2. Pricing, Currency, and Payment Methods
Residency prices are listed in Euros (€). The deposit amount will be converted to its Euro equivalent at the exchange rate in effect on the date of payment and applied toward your Residency balance.
The remaining balance is denominated in Euros (€). Participants may remit payment in either Euros (€) or U.S.dollars (USD).
The remaining Euro balance will be converted to USD at the prevailing USD–EUR exchange rate in effect 125 days prior to the Residency start date. The converted USD amount will be communicated to participants at that time, and full payment in Euros or U.S. dollars will be due 120 days prior to the Residency start date.
Payments may be made by American Express, Mastercard, Visa, or Discover Card through the Organizer’s secure online payment system.
Direct electronic payments (wire or bank transfer) are available upon request.
If payment is not received by the specified due date, your reservation will be considered canceled, and the cancellation terms stated above will apply.
3. Cancellations by the Organizer
The Organizer reserves the right to cancel the Residency for any reason, including insufficient enrollment or unforeseen circumstances. In the unlikely event that such a cancellation occurs, all payments received will be fully refunded.
The Organizer shall not be responsible for any additional expenses incurred by participants (such as airfare, insurance, or visa costs).
4. Force Majeure
The Organizer shall not be liable or responsible for any failure or delay in performing its obligations under these Terms due to events beyond its reasonable control, including but not limited to acts of God, war, strikes, epidemics, pandemics, natural disasters, governmental restrictions, or other circumstances that make operation of the event impracticable or unsafe.
In such cases, the Organizer will make reasonable efforts to reschedule the Residency or provide partial refunds when possible, but full refunds are not guaranteed.
5. Participant Age and Eligibility
Participants must be 18 years of age or older to register and attend the Residency.
By registering, you confirm that you meet this requirement.
6. Travel Insurance
The Organizer highly recommends that all participants purchase comprehensive travel insurance, including trip cancellation and interruption coverage, to protect against unforeseen personal or travel-related issues.
If you must cancel your participation for any reason — including illness, injury, family emergency, missed flights, or other personal circumstances — the stated cancellation fees will apply. Travel insurance may cover some or all of these expenses.
Coverage terms vary by insurer. Please review your policy carefully before purchasing.
7. Governing Law and Venue
These Terms and Conditions shall be governed by and construed in accordance with the laws of the State of Wyoming, USA, without regard to its conflict of law principles.
Any disputes arising from or related to these Terms shall be resolved exclusively in the state or federal courts located in Wyoming, USA.
8. Acknowledgment of Acceptance
By completing registration and submitting payment for The Porto Fine Art Textile Residency, I acknowledge that I have read, understood, and agree to be bound by these Terms, Conditions, and Liability Disclaimer.
Organizer: Lauretta’s Art Adventures, LLC
Version: 2026.06
Effective Date: June 15, 2026