Latest News
Related Video
Preparation of sale and purchase, legal advice
Do not risk your money. Rely on Hungary’s far the most experienced company in aircraft aquisiton!
In the course of aircraft sale and purchase mutual distrust between the parties is one of the main issues. Buyer may lose courage during a purchase of a helicopter in foreign countries because taking possession of the aircraft could only take place after the full payment effected. For this reason we had successfully controlled such payments through letter of credit or with involving an escrow agent. These methods of payment are often demanded by Sellers as well.
We have reliable Escrow Agent partnership in the United States.
Different jurisdisctions can cause further difficulties when an aircraft is in foreign ownership.
Among others we have succesfully managed aircraft aquisitions from Hong Kong, the USA, Switzerland and several EU countries. As the list evidences our company has formed and implemented buyer’s interests protecting contract terms and conditions which are strictly necessary in an Offer to Purchase, a Purchase Agreement or in the seller’s declaration for Cancellation of the Ownership Title. Furthermore at the time of a purchase it is required to obtain several official documents for customs clearance and for Hungarian registration.
We solve all these, feel free to contact us!