The Aircraft Purchase Agreement is a critical legal document used when transferring ownership of an aircraft in Canada. It serves as the primary contract between the seller and purchaser, documenting all essential aspects of the transaction including aircraft specifications, purchase price, payment terms, delivery conditions, and warranty provisions. This agreement must comply with Canadian federal aviation regulations, including the Aeronautics Act and Canadian Aviation Regulations, as well as relevant provincial commercial laws. It's particularly important for ensuring regulatory compliance, establishing clear title transfer procedures, and protecting both parties' interests in high-value aircraft transactions. The agreement typically includes detailed technical specifications, maintenance requirements, and necessary regulatory approvals, making it essential for both commercial and private aircraft transactions in Canadian jurisdiction.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of seller and purchaser with full legal names and addresses
2. Background: Context of the transaction and brief description of the aircraft being sold
3. Definitions: Defined terms used throughout the agreement
4. Sale and Purchase: Core agreement to sell and purchase the aircraft
5. Purchase Price: Agreement on price, currency, and payment structure
6. Payment Terms: Detailed payment schedule, deposit requirements, and payment methods
7. Conditions Precedent: Conditions that must be satisfied before closing
8. Pre-Delivery Inspection: Rights and procedures for aircraft inspection before delivery
9. Delivery and Acceptance: Terms and procedures for aircraft delivery and acceptance
10. Title and Risk: Transfer of title and risk allocation
11. Seller's Representations and Warranties: Warranties regarding aircraft condition, title, and compliance
12. Purchaser's Representations and Warranties: Warranties regarding authority and ability to complete purchase
13. Covenants: Ongoing obligations of both parties
14. Default and Termination: Events of default and termination rights
15. Indemnification: Mutual indemnification provisions
16. Governing Law and Jurisdiction: Choice of law and dispute resolution
17. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Import/Export Requirements: Required for cross-border transactions to address customs and regulatory requirements
2. Security Interest: Required when the purchase involves financing or security arrangements
3. Training and Support: Optional provisions for pilot or maintenance training
4. Maintenance Program Transfer: Required when existing maintenance programs are being transferred
5. Insurance Requirements: Detailed insurance requirements if specific coverage is needed pre-closing
6. Tax Matters: Detailed tax provisions for complex transactions or cross-border sales
7. Cape Town Convention Compliance: Required for transactions involving aircraft covered by the Cape Town Convention
8. Broker Provisions: Required when brokers are involved in the transaction
1. Aircraft Specifications: Detailed technical description of the aircraft, including registration, serial numbers, and equipment
2. Aircraft Documents: List of required documentation to be delivered with the aircraft
3. Delivery Condition Requirements: Specific conditions the aircraft must meet at delivery
4. Acceptance Certificate: Form of certificate to be signed upon delivery
5. Payment Schedule: Detailed breakdown of payment installments and timing
6. Pre-Delivery Inspection Protocol: Detailed procedures for pre-delivery inspection
7. Warranty Terms: Detailed warranty terms and conditions
8. Required Modifications: List of modifications required before delivery
9. Maintenance Records: Inventory of maintenance records to be transferred
10. Equipment List: Detailed list of included equipment and components
Relevant legal definitions
Clauses
Relevant Industries
Aviation
Aerospace
Transportation
Manufacturing
Private Aviation
Commercial Airlines
Corporate Services
Mining
Oil & Gas
Emergency Services
Tourism
Cargo & Logistics
Relevant Teams
Legal
Finance
Operations
Procurement
Risk Management
Technical Operations
Compliance
Aviation Safety
Maintenance
Commercial
Asset Management
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Fleet Manager
Aviation Director
Legal Counsel
Procurement Manager
Risk Manager
Technical Operations Director
Compliance Officer
Finance Director
Operations Manager
Aviation Safety Manager
Maintenance Director
Commercial Director
Asset Manager
Find the exact document you need
Lease Option (Real Estate)
A Canadian legal document combining a property lease agreement with an option for the tenant to purchase the property under specified terms and conditions.
find out more
Business Agreement
A Canadian-law governed Business Agreement establishing commercial terms and conditions between business entities.
find out more
Common Agreement
A versatile Canadian legal document establishing terms and conditions for commercial relationships, compliant with federal and provincial laws.
find out more
Employer Paid Training Agreement
A Canadian-law compliant agreement outlining terms for employer-funded employee training, including costs, obligations, and repayment conditions.
find out more
Consignment Agreement Form
A Canadian legal document establishing terms for consignment sales arrangements, defining rights and obligations of consignor and consignee under Canadian law.
find out more
Software Testing Agreement
Canadian-law governed agreement defining terms and conditions for software testing services, including scope, deliverables, and compliance requirements.
find out more
Money Agreement Between Two Parties
A Canadian-law governed agreement establishing terms and conditions for monetary arrangements between two parties, including loan amount, interest, and repayment terms.
find out more
Written Agreement
A formal Written Agreement compliant with Canadian law that establishes legally binding obligations between parties.
find out more
Side Agreement
A Canadian law-governed supplementary agreement that modifies or clarifies specific terms of an existing main agreement while maintaining separate documentation.
find out more
Lease Agreement With Option To Purchase
A Canadian lease agreement that includes an option for the tenant to purchase the property, compliant with provincial property laws and regulations.
find out more
Incorporation Agreement
A Canadian legal document establishing a new corporation and defining initial shareholder relationships under federal or provincial law.
find out more
Fixed Term Tenancy Agreement
A Canadian residential lease agreement establishing a fixed-term tenancy, outlining rights and obligations of landlords and tenants under provincial law.
find out more
Contract For Selling A Car
A Canadian-law governed agreement for the sale and transfer of ownership of a motor vehicle, ensuring legal compliance and protecting both parties' interests.
find out more
Casual Worker Contract
A Canadian law-compliant contract establishing terms and conditions for casual employment relationships with flexible, non-permanent work arrangements.
find out more
Tooling Agreement
Canadian-law governed agreement establishing terms for industrial tooling ownership, use, and maintenance, including design, quality, and payment provisions.
find out more
Representation Agreement
A Canadian legal document (prominently used in BC) that authorizes representatives to make personal and healthcare decisions on behalf of an adult who becomes incapable of independent decision-making.
find out more
Provisional Agreement
A temporary binding agreement under Canadian law that establishes interim arrangements between parties pending a permanent agreement.
find out more
Land Agreement Between Two Parties
A Canadian legal agreement between two parties establishing terms and conditions for land transfer or rights, compliant with federal and provincial property laws.
find out more
Employer Tuition Reimbursement Agreement
A Canadian-law governed agreement establishing terms for employer-provided educational support, including reimbursement conditions and employee obligations.
find out more
Contract Agreement Between Two Parties
A Canadian-law governed agreement establishing legal obligations between two contracting parties, outlining their rights and responsibilities.
find out more
Rent In Exchange For Services Agreement
A Canadian legal agreement providing residential accommodation in exchange for specified services, combining residential tenancy and service provision elements under provincial law.
find out more
Employee Accommodation Agreement
A Canadian legal document that formalizes workplace accommodation arrangements between employer and employee, ensuring compliance with federal and provincial human rights legislation.
find out more
Contra Agreement
A Canadian legal agreement establishing an independent contractor relationship, defining services, terms, and maintaining compliance with federal and provincial regulations.
find out more
Catering Contract
A Canadian-law governed agreement establishing terms and conditions for catering services, including service specifications, pricing, and regulatory compliance requirements.
find out more
Lease Agreement
A Canadian legal document establishing the terms and conditions for property rental between landlord and tenant, compliant with federal and provincial regulations.
find out more
Contractual Agreement
Standard Canadian Contractual Agreement template compliant with federal and provincial requirements for establishing legally binding business relationships.
find out more
Security Agreement Form
A Canadian legal document creating security interests in collateral to secure obligations, structured to comply with PPSA requirements (except in Quebec) and other applicable federal and provincial laws.
find out more
Business Cooperation Agreement
A Canadian-law governed agreement establishing terms and conditions for business cooperation between independent entities, ensuring compliant and structured collaboration.
find out more
Employee Training Reimbursement Agreement
A Canadian-law governed agreement establishing terms for employer-funded training and employee reimbursement obligations.
find out more
Rental Contract
A Canadian law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.
find out more
Intent To Purchase Agreement
A Canadian-law governed preliminary agreement outlining terms and conditions for a proposed purchase of assets, property, or business.
find out more
Head Of Terms Agreement
A Canadian-law governed preliminary agreement outlining key terms and conditions of a proposed business transaction, serving as a framework for detailed negotiations.
find out more
Supply Contract Form
A Canadian-law governed agreement establishing terms and conditions for the supply of goods between parties, including delivery, pricing, and quality requirements.
find out more
Education Agreement With Employer
A Canadian-law governed agreement establishing terms for employer-provided educational support, including financial assistance, program requirements, and employee obligations.
find out more
Umbrella Agreement
Canadian master agreement establishing framework terms for ongoing business relationships and future specific agreements between parties.
find out more
Rent To Own Agreement Form
A Canadian legal agreement combining rental terms with a future purchase option, allowing tenants to rent a property while accumulating credits toward its eventual purchase.
find out more
Buyer Representation Agreement
A Canadian legal agreement establishing exclusive representation between a real estate brokerage and a property buyer, governed by provincial real estate laws.
find out more
Non Solicitation Agreement
A Canadian-law governed agreement that restricts the solicitation of employees, clients, or business relationships, designed to protect legitimate business interests while maintaining reasonable restrictions.
find out more
Assignment And Assumption Agreement
A Canadian law-governed agreement that transfers contractual rights and obligations from one party to another, ensuring legal compliance and clear assumption of responsibilities.
find out more
Yearly Contract Agreement
A Canadian-law governed agreement establishing a one-year contractual relationship between parties, defining key terms, obligations, and conditions.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)