Who Owns Your Pet?
When you go and purchase a pet you think you own that, right? Maybe not. It is important to pay attention to the agreement you sign when purchasing your pet and the specific details of the agreement.
If you're making periodic payments toward owning your pet, this means the pet store or whomever you purchased from, owns the pet until the last payment is made. If something happens to the pet, payment will still be required and the pet can be taken back for missed payments.
Be sure to pay close attention to terms and conditions prior to signing any sort of agreement.
Find more information, here.