The role of escrow in aircraft sales
- Holding the deposit on letter of intent
- Securing funds through the pre-buy inspection period
- Coordinating with title search and lien checks
- Simultaneous exchange of funds and title at closing
Pre-buy inspection
The pre-buy inspection is the technical heart of an aircraft deal. Escrow terms tie release to a satisfactory inspection, so the buyer is not committed until the aircraft’s condition and records are verified.
Title, liens and registration
Aircraft carry complex title and lien histories. Escrow provides a controlled closing where clean title and payment are exchanged at the same moment, protecting both parties.
