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Sample Aircraft Inspection Report

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AIRCRAFT INSPECTION REPORT

 

DATE:  ___ day of _________________, 20___.

 

TO: Seller

Re: ______________________________________ aircraft bearing manufacturer's serial number ____ and United States registration number N_____________.

Dear Mr. ______________:

Pursuant to that certain Aircraft Purchase Agreement (the "Agreement") dated as of the ___ day of __________________, 20___, by and between ______________________________ (hereinafter referred to as "Buyer") and ____________________________________ (hereinafter referred to as "Seller"), with regard to the above-referenced aircraft (the "Aircraft"), this letter confirms that Buyer has completed its inspection of the Aircraft on this date.

CHECK ONE:

|x| The inspection of the Aircraft revealed no airworthiness items, or discrepancies which do not meet manufacturer's tolerances. The Aircraft is satisfactory and in the inspection condition required for delivery on the Closing Date, and is hereby accepted in accordance with the terms thereof.

|_| Subject to Seller's timely remediation, at Seller's sole cost and expense, of the airworthiness items, or discrepancies which do not meet manufacturer's tolerances listed in the attachment hereto, the Aircraft is satisfactory and in the inspection condition required for delivery on the Closing Date and is hereby accepted in accordance with the terms thereof.

 

SINCERELY,

AGREED AND ACCEPTED

BUYER:

SELLER:

 


Legal Disclaimer

We're pleased to provide this sample agreement as a courtesy to our clients and their professional advisors.  While every effort has been made to provide comprehensive, accurate, current and useful agreements, forms and documents, Exeter 1031 Exchange Services, LLC does not warrant or guarantee the information, content or accuracy, nor provide any legal opinion or representation on the agreements, forms or documents in any way. 

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