Our firm can assist you with all aircraft ownership needs, from purchase agreements, co-ownership agreements to ownership challenges and beyond. If you are considering owning an aircraft with one or more co-owners, you need an attorney-drafted agreement between all of you that clearly outlines your rights and responsibilities toward each other. Absent a written agreement, many aircraft partners will develop differing understandings of their obligations which can lead to larger problems. Aircraft co-ownership can be a great way to own a plane with reduced (shared) fixed costs, but all the benefits fall by the wayside when the partners can’t get along later.
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