AIRCRAFT: 1976 Grumman AA5A Cheetah

AIRCRAFT: 1976 Grumman AA5A Cheetah

N-Number: N9868U

Serial number: AA5A-0268

Buyer and seller agree that the total purchase price of this aircraft is $xxxxxx. Seller warrants the aircraft title to be free and clear of all liens.

Within _____ days of receipt of a purchase deposit in the amount of $______, seller agrees to ferry said aircraft to the airport at Ankeny Iowa, for the purpose of a pre-purchase inspection at buyers' expense. It is further agreed that, upon satisfactory completion of this inspection, buyer will immediately pay the amount of $xxxxxx less the deposit amount and take immediate delivery of the aircraft.

Should the aircraft fail to pass a pre-purchase inspection to the buyer's satisfaction, seller agrees to refund all of buyer's deposit, less actual expenses incurred in delivery and return flight. Said expenses are agreed to be limited to fuel, oil, lodging, and meals. This agreement becomes null and void upon such refund.

Signatures

(Buyer)

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(Seller)

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