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Leasing

Assignment:  You recently purchased an aircraft and plan to lease it to a local flight school.  Using what you learned in the lesson, write a proposed lease that avoids the potential for litigation.  Feel free to use plain language, but be sure to account for all relevant lease topics.  You may use arbitrary figures for applicable costs.  For this assignment, use the listed aircraft below.

Type:  C-172S (2005)
Avionics: G-1000, IFR Capable
Current Annual, Recent Engine
OverhaulPrice:  As Negotiated

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