Check of Encumbrances on Engines at Purchase

Abstract

 It is not unusual, in commercial practice, that airlines purchase used aircraft engines to destine it to their fleet. A company, in the process of purchasing an aircraft engine, before execution need to ascertain whether on that engine there are encumbrances, whose existence would consistently affect the real value of the asset purchased or, in the worst case, reduce it to null. This article provides a short overview on registry and other searches that can be carried out to perform an “encumbrance check” with respect to Italian law.