Cancellation Policy for GFT Studio Rental:
Booking Confirmation and Deposit: a. To secure a booking, renters are required to pay a 50% non-refundable deposit based on the total rental cost. This deposit is due at the time of booking. b. The booking is considered confirmed only after the deposit has been received and cleared.
Cancellation by the Renter: a. If the renter wishes to cancel their booking, they must provide written notice to the fitness studio as soon as possible. b. The cancellation will be subject to the following guidelines:
- Cancellations made more than 7 days prior to the booking date: The renter will forfeit the 50% non-refundable deposit, and the remaining balance will not be charged.
- Cancellations made within 7 days of the booking date: The renter will be charged the full rental amount, and no refund will be provided.
Modification by the Renter: a. If the renter wishes to modify their booking, they must provide written notice to the fitness studio as soon as possible. b. Modifications are subject to availability and approval by the fitness studio. c. Any modifications made within 7 days of the booking date may be treated as a cancellation (as per section 2b).
Cancellation or Changes by the Fitness Studio: a. The fitness studio reserves the right to cancel or reschedule a booking due to unforeseen circumstances, including but not limited to equipment failure, facility maintenance, or other issues. b. In such cases, the fitness studio will notify the renter as soon as possible and offer alternative booking dates or a full refund of the deposit and any additional payments made.
No-shows: a. If the renter fails to arrive at the fitness studio on the scheduled booking date and time without prior notice, the rental fee will be charged in full, and no refund will be provided.
Refunds: a. Refunds, if applicable, will be processed within a reasonable timeframe after cancellation or changes have been confirmed. b. Refunds will be issued using the same payment method used for the initial booking.
Note: It is important for both the fitness studio and the renters to carefully review and understand this cancellation policy before making a booking. The policy aims to ensure fair treatment for both parties and account for any potential losses incurred due to cancellations.