Common Contracts
1 similar Aircraft Rental Agreement contracts
Aircraft Rental Agreement & Student AgreementAircraft Rental Agreement • June 4th, 2020
Payment for Aircraft rental and/or instruction is due at time of sales. In the event that a balance goes unpaid in excess of 30 days, then a service charge of 1.5% (18%APR) will be applied. In addition, the renter will not have access to the Aircraft or instruction until the full unpaid balance is paid in-full. Our billing system will automatically restrict your ability in Flight Schedule Pro to make reservations and any current reservations are subject to cancellation, until such time as the account is brought current. The service charge for returned checks is $25.00 or 5%, whichever is greater. If renting outside of normal business hours, all invoices are payable within three (3) business days upon receipt. After three (3) business days, your credit card and/or debit card will be charged.
