In any high-value transaction, ensuring that money and assets change hands securely is paramount. In an aircraft purchase, this vital role is filled by an aviation escrow agent. This neutral third party protects the interests of the buyer, the seller, and the lender, ensuring a smooth and secure closing.

What Does an Escrow Agent Do?

The escrow agent acts as a secure hub for all documents and funds. Their key responsibilities include:

  • Holding the Deposit: They hold the buyer's refundable deposit in a secure account once the purchase agreement is signed.
  • Conducting Title Searches: They search FAA records and the International Registry to ensure the aircraft has a clean title with no outstanding liens.
  • Handling Funds: They receive the final funds from the buyer and the lender.
  • Managing FAA Paperwork: They ensure the Bill of Sale and new registration documents are filed correctly with the FAA and record the lender's security interest (lien).
  • Disbursing Funds: Once all conditions are met and the aircraft is accepted, they pay the seller, any lienholders, and other relevant parties.

A Secure Transaction, Guaranteed

We work with the most trusted and efficient escrow agents in the industry to ensure every transaction is handled with the utmost security and professionalism.

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How Escrow Protects You

For a buyer, escrow guarantees you won't lose your money and that you will receive a clean title. The seller isn't paid until you have formally accepted the aircraft and the new registration is filed. For a seller, it guarantees that the buyer's funds are secured before they hand over the keys. For the lender, it guarantees their lien is properly recorded at the moment the title transfers. Using a reputable escrow agent is an indispensable part of any aircraft acquisition.