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Get Aircraft Purchase Offer/letter Of Intent
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How to fill out the AIRCRAFT PURCHASE OFFER/LETTER OF INTENT online
Filling out the Aircraft Purchase Offer/Letter of Intent online is an essential step in expressing your intent to purchase an aircraft. This guide provides a clear, step-by-step approach to ensure you complete the form accurately and efficiently.
Follow the steps to successfully complete the form online.
- Click ‘Get Form’ button to obtain the form and open it for editing.
- Enter the date in the designated field, ensuring it reflects the current date. Then, specify the offer validity date in the corresponding section.
- Provide your name in the 'Buyer Name' field. In the next fields, fill in your address, city, state, zip code, and country.
- Add your contact information including cell phone, phone, fax, and email addresses.
- In the 'Aircraft Make/Model/N#' field, input the details of the aircraft you are interested in purchasing.
- Complete the financial sections by entering the 'Aircraft Asking Price' and your 'Buyer’s Offer' amounts.
- Review the statement about the formal purchase agreement and ensure you understand that this form doesn't constitute a purchase agreement at this stage.
- Initial where indicated to confirm your understanding of the terms regarding deposits and the fact that the aircraft remains available for sale until a deposit is received.
- Fill in the deposit amount, and if applicable, ensure it meets the minimum deposit requirement specified.
- Acknowledge your responsibility for the pre-purchase inspection by initialing where needed.
- Read through and initial each section that discusses the escrow process and responsibilities regarding fees.
- Initial to agree that all aircraft purchases are sold 'as is' and understand there are no warranties or representations.
- In the Amendments section, use the blank spaces if you have any modifications to propose, and initial your agreement to them.
- Sign the form as the buyer, indicating your acceptance of the terms and conditions set forth in the agreement.
- If applicable, ensure the seller's section is completed by the seller with their initials and signature.
- Finally, review all details thoroughly before saving your changes, downloading, printing, or sharing the form.
Complete your Aircraft Purchase Offer/Letter of Intent online today!
At the initial stage of the negotiation of the sale and purchase of aircraft, the parties usually express in writing their seriousness and degree of commitment to the negotiations by means of the Letter of Intent (LOI).
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