AIRCRAFT BILL OF SALE
This agreement has been entered into on this ___ day of ______________, 20___ by
and between ________________ (Hereinafter known as the “Buyer”) with a mailing
address of ___________________________ and ________________ (Hereinafter
known as the “Seller”) with a mailing address of ___________________________.
The parties named above agree as follows:
I. Aircraft. The Buyer agrees to purchase the aircraft from the Seller described
as:
i. Make: ___________
ii. Model: ___________
iii. Registration Number: ___________
iv. Serial Number: ___________
v. Year: ___________
Seller states that they hold legal title to the aircraft, free of all
liens/encumbrances, that will be transferred to the Buyer in the sale.
II. Price. The Buyer agrees to pay the Seller ____________ (US Dollars) and is
due upon the delivery of the Aircraft.
III. Delivery. The Buyer agrees to pay the Purchase Price and the Seller agrees
to transfer the title to the Aircraft on the ___ day of ______________, 20___.
IV. Deposit: Upon authorizing this bill of sale, the Buyer agrees to make a
deposit of ____________ (US Dollars) that is
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☐ Non-refundable.
☐ Refundable only under the following circumstances: _________________
______________________________________________________________
All funds recorded in the deposit shall be credited towards the purchase price.
V. Inspection Period. The Buyer shall have the right to inspect the Aircraft for
up to ____ days before the transfer of sale. The inspection shall be at the
expense of the Buyer. It is understood that after the transfer of possession the
Aircraft is being sold with no warranties by the Seller and shall be held
harmless for any defects found after the fact.
VI. Inability to Perform. If the Buyer is not able to make the payment for the
purchase of the Aircraft, this agreement shall be considered void and any
non-refundable deposits shall be kept by the Seller. If the Seller is not able to
transfer the title to the Aircraft due to damage beyond repair or seizure the
agreement should become void with all deposits being refunded to the Buyer
along with reimbursement for any due diligence costs.
VII. Taxes. Buyer agrees to pay any and all taxes imposed by local, State and
Federal governments for the transaction of the Aircraft.
VIII. Assignment. This agreement may not be assigned to anyone without the
written permission of the Buyer and Seller.
IX. Notice of Parties. The parties shall recognize each other’s mailing addresses
for any notices.
X. Laws. The agreement shall be considered legal and binding pursuant to the
laws in the State of _____________________.
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XI. Waiver. If the Buyer or Seller do not enforce any section of this document
against the other party it shall not be considered as a waiver to the excuse
them from future performance of that section or any other.
XII. Severability. The invalidity of any section of this agreement does not affect
the validity of the remaining sections thereof.
Signature Area
____________________ ____________________
Buyer’s Signature Print Name
____________________ ____________________
Buyer’s Signature Print Name
____________________ ____________________
Seller’s Signature Print Name
____________________ ____________________
Seller’s Signature Print Name
____________________ ____________________
Witness’s Signature Print Name
____________________ ____________________
Witness’s Signature Print Name
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