Purchasing an aircraft is a significant investment, whether you’re a private individual buying a small personal airplane or a company acquiring a corporate jet. Due to the substantial financial stakes, people involved, and FAA requirements, it is critical to ensure that the process is smooth and secure. Using an aircraft escrow and title company can be a significant tool in the purchase of an aircraft. This guide will walk through what you need to know about using escrow, why it’s important, how it works, and considerations to keep in mind.
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