Friday 18 May 2018

Tips For Choosing A Qualified Aircraft Purchase Attorney

By Gary Collins


When you intend to buy an aircraft or find yourself in a related dispute, you need the right legal representative to advise you. You cannot bank on your regular business or personal attorney for issues related to aviation. This is because they may lack the expertise required to handle such matters. Since such purchases and sales agreements related to airplanes are delicate, consider the following tips when engaging an aircraft Purchase attorney.

It is important to find an individual that will actively take part in the transaction process. Such an expert should be there when conducting the pre-purchase inspection, doing title search review and others. This is because you need their advice on what to expect or how things should be. They will also help you in reviewing the sales agreement before signing it.

Strive to work with a lawyer who specializes fully in business aviation. You cannot rely on someone who just helped another party on a single or two occasion. A specialist delves into various aspects of the law that touch on ownership of an airplane. This keeps them abreast of any changes that might affect your plans. You also get their advice on any legal obligations you have to meet before settling for aviation business.

You may check their details in their business website. See how long they have been in this field and the kind of clients they have handled. Your main aim is to make sure you are not getting someone who just dabbles in this field.

Even in business aviation law, there is specialization. You will find attorneys who do well in the area of airplane registration, others in transactions and some in aviation business taxes. Even if they have not mastered everything, make sure they understand most of the aspects. You do not want various lawyers doing different tasks as this will cost you more. In this case, see if someone can help in regulatory and compliance, drawing and reviewing agreements, registrations, taxes, and insurance, among others.

Ask whether the attorney understands the business aviation tax procedures and requirements in your state. You should clarify the point about your state since each has different requirements. Some like Florida and Texas are revenue-hungry and can be hard on those in the aviation business.

Thanks to the internet, it is not hard to find some professionals you can consider for this task today. Law firms that deal with aviation matters will state in their websites the different specializations they have. So, if you go to the internet, you can always find good leads for attorneys. Another effective way of finding such lawyers is by talking to industry professionals like brokers and consultants to recommend a reputable lawyer.

You might make a list of several referrals and begin engaging them further. Organize for a face to face meeting and use the opportunities to interview them so as to get a better idea of their scope of services, experience, and charges. Remember, this is someone you will work with for as long as you have your airplane. In this case, choose wisely to ensure an amicable work relationship.




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