Legal and Technical Steps You Must Know Before Selling Your Jet
Selling an aircraft involves complex documentation and strict compliance. Understanding the process prevents legal risks and ensures a smooth transaction.
Step 1: Letter of Intent (LOI)
Defines the main conditions — price, inspection, and closing terms.
Step 2: Pre-Purchase Inspection (PPI)
Conducted by certified engineers to confirm airworthiness and verify records.
Step 3: Purchase Agreement
Formal contract specifying rights, warranties, and closing procedures.
Step 4: Escrow Process
Funds are securely managed through an escrow company to protect both parties.
Step 5: Regulatory Compliance
Coordinate with aviation authorities for de-registration, export certification, re-registration, etc.
Step 6: Documentation Transfer
Deliver logbooks, maintenance records, airworthiness certificates, etc.
Conclusion:
Proper legal and technical management is key to a secure sale. With Get My Plane, you gain expert support across all stages — from LOI to final handover.
