Security Rights - Aircraft - Movable Property

Legal recording of rights, obligations and security interests in the financing, leasing or transfer of aircraft.

A security rights structure regulates how credit, retention rights, pledge rights or other securities are legally established, how repayments and risks are coordinated, and how these securities are legally enforceable.

This arrangement covers, among other things:

  • Recording of security rights such as retention rights, pledge rights, or mortgage rights on aircraft.
  • Procedures for ownership transfer or use of financed or leased aircraft.
  • Risk transfer and liability during the period in which the security rights apply.
  • Procedures in case of default, contract breach, or formal notice.
  • Verification and review of aircraft documentation, registration, and encumbrances.
  • Administrative obligations for registering security rights with competent authorities.

We prepare tailored documentation adapted to:

  • Private or commercial financing, leasing, or security structures of aircraft.
  • New or used aircraft, including airplanes, helicopters, and other types of aircraft.
  • Situations involving multiple financiers or complex security structures.
  • International sales, leasing, or cross-border security rights.
  • Linking with existing contracts, ownership transfers, and financial structures.

The security structure is legally established so that all rights, obligations, and priorities are clear, enforceable, and consistent within the entire contractual and commercial context.

Scope of documentation

The engagement may include, among other things:

  • Recording of security rights, payment terms, and guarantees.
  • Procedures for ownership transfer, leasing, or use of the aircraft.
  • Provisions regarding risk transfer and liability.
  • Procedures in case of default, formal notice, or contract breach.
  • Administrative registration of security rights with competent authorities.
  • Linking with existing contracts, leasing, or financing structures.

Each agreement is legally reviewed in advance to prevent interpretation differences, liability risks, and disputes regarding security rights on aircraft.