Aircraft Purchase Letter of Intent
Form Template
The Aircraft Purchase Letter of Intent is an app that generates an offer letter which precedes a purchase agreement as a part of an aircraft acquisition.
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The letter details the buyer's information, the seller's information, the aircraft purchase price, the manufacturer serial number of the aircraft, deposit amounts, escrow agent information, and conditions of the aircraft sale. This Letter of Intent provides for a pre-purchase inspection, covering a visual inspection of the aircraft, including the engine, and a review of all maintenance records. Finally, delivery and closing terms, as well as tendering of final payment, at which time a formal aircraft purchase agreement may be executed, is discussed in this LOI.
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