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Aircraft purchase agreement fillable 2025

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The document is an Aircraft Purchase Agreement outlining the terms and conditions for the sale of an aircraft between a Seller and a Purchaser. It includes details about the parties involved, the aircraft specifications, purchase price, deposit requirements, closing procedures, sales tax implications, inspection rights, encumbrance assurances, default enforcement, governing law, and provisions for modifications and waivers. The agreement emphasizes that the aircraft is sold 'AS IS' and outlines the responsibilities of both parties regarding inspections and title clearance.

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Versions	Form popularity	Fillable & printable
2011	4.8 Satisfied (167 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Is a purchase agreement the same as closing?

A PO is created before there is an agreement between the parties: The buyer sends the PO to the seller, who then has the choice of whether to accept it. With a purchase agreement, the parties have worked out their agreement beforehand, and the purchase agreement is the written expression of that agreement.

What is an aircraft purchase agreement?

An aircraft purchase and sale agreement is the central document in any aircraft transaction, setting forth the most important terms of the deal. Gerrard Cowan asks industry experts to outline the major focuses in such agreements

What paperwork do I need to buy an airplane?

Forms for Buying and Selling Aircraft Aircraft Registration (AC Form 8050-1) Aircraft Bill of Sale (AC Form 8050-2) 8050-3- Current registration in aircraft, back filled out, signed and sent into FAA. Information if registering aircraft in an LLC. Sample Aircraft Purchase/Sales Agreement.

Can I make my own purchase agreement?

Some states, like California, have created real estate purchase agreements you can download and change. You can also get a template from PandaDoc, as well as benefiting from real estate contract management software functionality.

Does an aircraft bill of sale need to be notarized?

In some jurisdictions, the bill of sale may need to be notarized or witnessed by specific individuals. It may also need to include specific information such as the registration number of the aircraft, the names and addresses of the buyer and seller, the purchase price, and any applicable warranties or conditions.

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