Get the free Certified Aircraft Appraisal Report

This report provides a comprehensive appraisal of a Cessna 172N aircraft, including its identification, maintenance status, modifications, damage history, engine and propeller details, avionics, additional equipment, and an assessment of its overall market value. The report emphasizes that it is a sample document and should not be used as a factual appraisal.

How to fill out certified aircraft appraisal report

How to fill out certified aircraft appraisal report

1. Gather all necessary information about the aircraft including make, model, year, and registration number.
2. Collect detailed records of the aircraft's maintenance history, modifications, and repairs.
3. Obtain up-to-date market data on comparable aircraft sales to assess value.
4. Document the aircraft's current condition through a physical inspection.
5. Complete each section of the certified aircraft appraisal report accurately.
6. Include photographs of the aircraft and any relevant documentation as appendices.
7. Ensure all information is clear and concise to facilitate understanding.
8. Have the appraisal report reviewed and signed by an accredited aircraft appraiser.

Who needs certified aircraft appraisal report?

1. Aircraft owners seeking to establish current market value.
2. Buyers looking for an informed purchase decision.
3. Financial institutions requiring valuation for loans or leases.
4. Insurance companies needing valuation for coverage purposes.
5. Tax authorities for tax compliance and assessments.
6. Legal professionals in cases of divorce or estate settlements.

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What is certified aircraft appraisal report?

A certified aircraft appraisal report is an official document that provides a professional assessment of the value of an aircraft, conducted by a certified appraiser.

Who is required to file certified aircraft appraisal report?

Typically, individuals or entities that own or operate an aircraft, as well as those involved in the buying or selling of aircraft, are required to file a certified aircraft appraisal report.

How to fill out certified aircraft appraisal report?

To fill out a certified aircraft appraisal report, one should gather all relevant information about the aircraft, including specifications, condition, and market data, and then follow the format and guidelines provided by the appraisal authority or organization.

What is the purpose of certified aircraft appraisal report?

The purpose of a certified aircraft appraisal report is to provide an objective valuation of the aircraft for purposes of financing, insurance, tax assessment, or sale.

What information must be reported on certified aircraft appraisal report?

Essential information to be reported includes the aircraft's make, model, serial number, registration details, condition, maintenance history, and comparable market data.