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.
Look for an individual that can commit to walking with you through the transaction process and beyond. Some of the pre-requisites of an airplane buying process include title search and review, pre-purchase inspection, agreement review and others. You should have your lawyer at hand during these steps. They will advise you on the different steps to expect and point out any legal issues or obligations that may arise during the process.
A suitable lawyer is a kind that specializes in business aviation law. You cannot hire someone just because you heard they helped someone who had an issue with their aircraft. Instead, you want a specialist whose life depends on aviation business law. Such are always alert to any changes that may affect their clients. They understand the procedures and obligations of their client properly.
Check their portfolio on their business website. Any qualified lawyer will showcase their qualifications and different clients they have served. This information can enable you to figure out if they are specialists in this field or they are a jack of all trade.
You should understand that in business aviation law, there are other branches. Some lawyers are good at regulations and compliance with FAA/DOT requirements, others handle transactions better. Some are also keen about taxes. Of importance is to find someone that can handle as many tasks as possible. You cannot allow a situation where you have to hire a different lawyer for each procedure. This will be costly.
It is also important to opt for a lawyer that understands business aviation taxes. Now, this will depend on the State you are in. Basically, aircraft-related tax issues can differ greatly in different States. In fact, some states like New York, Texas, and Florida can be very demanding when it comes to aviation business tax requirements.
Because of the internet, you can find a lawyer in this field easily. You just need an internet connection and you can search for such lawyers within your area. When you see a prospective provider, see their portfolio to make sure they offer what you need. Also, talk to industry specialists such as vendors, consultants, and your colleagues to recommend a suitable lawyer. Some have hired such services before and may have good leads.
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.
Look for an individual that can commit to walking with you through the transaction process and beyond. Some of the pre-requisites of an airplane buying process include title search and review, pre-purchase inspection, agreement review and others. You should have your lawyer at hand during these steps. They will advise you on the different steps to expect and point out any legal issues or obligations that may arise during the process.
A suitable lawyer is a kind that specializes in business aviation law. You cannot hire someone just because you heard they helped someone who had an issue with their aircraft. Instead, you want a specialist whose life depends on aviation business law. Such are always alert to any changes that may affect their clients. They understand the procedures and obligations of their client properly.
Check their portfolio on their business website. Any qualified lawyer will showcase their qualifications and different clients they have served. This information can enable you to figure out if they are specialists in this field or they are a jack of all trade.
You should understand that in business aviation law, there are other branches. Some lawyers are good at regulations and compliance with FAA/DOT requirements, others handle transactions better. Some are also keen about taxes. Of importance is to find someone that can handle as many tasks as possible. You cannot allow a situation where you have to hire a different lawyer for each procedure. This will be costly.
It is also important to opt for a lawyer that understands business aviation taxes. Now, this will depend on the State you are in. Basically, aircraft-related tax issues can differ greatly in different States. In fact, some states like New York, Texas, and Florida can be very demanding when it comes to aviation business tax requirements.
Because of the internet, you can find a lawyer in this field easily. You just need an internet connection and you can search for such lawyers within your area. When you see a prospective provider, see their portfolio to make sure they offer what you need. Also, talk to industry specialists such as vendors, consultants, and your colleagues to recommend a suitable lawyer. Some have hired such services before and may have good leads.
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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