[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-199828-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-199828-en":127},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","sample-aircraft-purchasesales-agreement-aopa-legal-services-plan-2018","Sample Aircraft Purchase/Sales Agreement - AOPA Legal Services Plan - 2018","","General guide for preparing an aircraft purchase/sales agreement, including cautions against copying sample forms without tailoring. The agreement template covers core transaction terms and placeholders for negotiation choices, emphasizing legal and financial risks for both buyer and seller. It instructs parties to consider alternative clauses that may shift risk, use an escrow mechanism, set deposit and inspection rules, and specify delivery, title transfer, warranties, and related conditions. Professional legal assistance is recommended.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/sample-aircraft-purchasesales-agreement-aopa-legal-services-plan-2018/199828/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/sample-aircraft-purchasesales-agreement-aopa-legal-services-plan-2018/199828.png","ImageObject",442,249,{"name":42,"@type":43},"Lute","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-13","2026-09-04",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",7,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"Is it safe to simply copy the sample aircraft purchase/sales agreement and fill in blanks?","Question",{"text":63,"@type":64},"No. The guide warns that sample forms may not address all issues or contingencies and should be removed or modified to fit the parties’ needs. It recommends retaining a qualified attorney.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How does the escrow process work in this agreement template?",{"text":68,"@type":64},"After execution, an escrow account is established with an escrow agent chosen by the parties’ options. Funds and key transaction documents are transmitted through escrow, and escrow fees are assigned based on selected clause options.",{"name":70,"@type":61,"acceptedAnswer":71},"What rights does the buyer have regarding pre-purchase inspection?",{"text":72,"@type":64},"After the agreement is signed and the deposit is placed in escrow, the buyer may perform a pre-purchase inspection at the buyer’s expense at the specified airport. Alternate clauses address inspection timing, notice of non-purchase, discrepancy lists, and potential repair cost handling.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},199828,1788507131,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,114,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},17,"Forms",40,"forms",{"id":115,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":116,"slug":117},18,30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":115,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":121,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":80,"read_time":26},137454149569,"https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","CAUTION: THIS DOCUMENT IS PROVIDED AS A GENERAL GUIDE TO PREPARING AN AIRCRAFT PURCHASE/SALES AGREEMENT. IT IS NOT DESIGNED TO ADDRESS EVERY ISSUE OR CONTINGENCY. IT CONTAINS SOME LANGUAGE, IN ITALICS, THAT THE PARTIES MAY CONSIDER AS THEY IDENTIFY THEIR RESPECTIVE NEEDS AND OBJECTIVES FOR THE AGREEMENT. YOU WILL NOTE IT CONTAINS SOME ALTERNATIVE CLAUSES THAT MAY FAVOR THE BUYER OR THESELLER. THEY MUST BE REMOVED OR MODIFIED TO FIT YOUR NEEDS. IN AOPA’S EXPERIENCE, GOOD AGREEMENTS DO NOT COME FROM SAMPLE FORMS. THEY COME FROM UNDERSTANDING THE LAW AND YOUR NEEDS AND THEN DRAFTING AN AGREEMENT THAT MEETS THOSE NEEDS. THERE ARE CONSIDERABLE FINANCIAL AND LEGAL RISKS FOR BOTH THE BUYER AND SELLER. DO NOT SIMPLY COPY THIS SAMPLE AND \"FILL IN THE BLANKS. \" RETAIN A QUALIFIED ATTORNEY TO ASSIST YOU IN DRAFTING THE ACTUAL AGREEMENT. AOPA’S LEGAL SERVICES PLAN STAFF CAN PROVIDE YOU WITH THE NAMES OF LOCAL LSP PANEL ATTORNEYS.  \nSAMPLE AIRCRAFT PURCHASE/SALES AGREEMENT  \nTHIS AGREEMENT, is entered into this   day of   ,   , by and between   , (the \"Buyer\"), a(n)   (individual(s), corporation, partnership, or LLC) whose principal address is   ; and   (the \"Seller\"), a(n)  (individual(s), corporation, partnership, or LLC) whose principal address is   :  \nIN WITNESS WHEREOF, in consideration of the premises, the mutual covenants contained herein, and other good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties do hereby agree as follows:  \n1. Sale of Aircraft. Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller the following Aircraft (the \"Aircraft\"):  \nAircraft Make:   \nAircraft Model:   \nAircraft Year:   \nAircraft Registration Number:   \nAircraft Serial Number:  Aircraft shall be equipped as follows:  \n______________________________  \n______________________________  \n______________________________  \n______________________________  \n______________________________  \n______________________________  \n______________________________  \n______________________________  \n______________________________  \n______________________________  \nSeller warrants that Seller holds legal title to the Aircraft and that title will be transferred to Buyer free and clear of any liens, claims, charges, or encumbrances. Upon delivery of the Aircraft and payment of the balance of the purchase price, in accordance with this Agreement, Seller shall execute a bill of sale granting good and marketable title to the Aircraft.  \n2. Consideration. It is agreed that the price of the Aircraft is   Dollars ($  ) and is due on delivery of the Aircraft. All monies paid in accordance with this Agreement will be made by cash, cashier's check, certified check, wire transfer, or equivalent.  \n3. Escrow. It is agreed that within   (  ) business days after execution of this agreement an escrow account will be established with escrow agent [ at Buyer's sole discretion] [ at Seller's sole discretion] [ agreeable to both parties] . All funds, including the deposit, and the following documents pertaining to this transaction, shall be transmitted through the escrow account: (a) Bill of sale for the Aircraft from Seller to Buyer; and (b) Application for Registration of the Aircraft to Buyer. The fees for the escrow service shall be [ paid by the Buyer][ paid by the Seller] [ split evenly between Buyer and Seller] .  \n4. Deposit. The Buyer shall pay a deposit of   Dollars ($  ) in to the escrow account immediately upon the establishment of that account. The deposit is [ non-refundable unless otherwise stipulated in this agreement] [ fully refundable to Buyer except as otherwise stipulated herein] . The deposit shall be credited to the purchase price of the Aircraft.  \n5. Pre-purchase Inspection. After the signing of this Agreement and the payment of the deposit into escrow, the Buyer shall have the right to perform a pre-purchase inspection of the Aircraft. Such inspection shall be at the Buyer's expense and may be performed by a ind","cbCaihMxsiZgSFFE","https://ap.wps.com/l/cbCaihMxsiZgSFFE","pdf",318463,"English","# Sample Aircraft Purchase/Sales Agreement\n## Sale of Aircraft\n## Consideration\n## Escrow\n## Deposit\n## Pre-purchase Inspection\n## Aircraft Delivery\n## Warranties","[{\"question\":\"Is it safe to simply copy the sample aircraft purchase/sales agreement and fill in blanks?\",\"answer\":\"No. The guide warns that sample forms may not address all issues or contingencies and should be removed or modified to fit the parties’ needs. It recommends retaining a qualified attorney.\"},{\"question\":\"How does the escrow process work in this agreement template?\",\"answer\":\"After execution, an escrow account is established with an escrow agent chosen by the parties’ options. Funds and key transaction documents are transmitted through escrow, and escrow fees are assigned based on selected clause options.\"},{\"question\":\"What rights does the buyer have regarding pre-purchase inspection?\",\"answer\":\"After the agreement is signed and the deposit is placed in escrow, the buyer may perform a pre-purchase inspection at the buyer’s expense at the specified airport. Alternate clauses address inspection timing, notice of non-purchase, discrepancy lists, and potential repair cost handling.\"}]","Sample Aircraft Purchase/Sales Agreement - AOPA Legal Services Plan - 2018 | PDF"]