Phone: 510-728-7727 E-mail:  MSpitz6685@AOL.com

Fax: 510-886-6928

LEASING RULES - ROBINSON R-22 and R-44

	The lease is a dry lease, that is, you pay all the expenses except for the 2,200 hour overhaul and property taxes. You will get a new or newly overhauled ship and the factory guarantee that goes with it.
	Expenses you pay: Gas, oil, parking, washing, maintenance, insurance, parts, labor. Expenses I pay: 2,200 hour overhaul, county property tax, the cost of the parts if there is a mandatory AD, any upgrades to the equipment.          The prices vary from $95 for a VFR beta to $225 for a Raven II                  For new customers, there is a $2,500 deposit for an R22 and a $5,000 deposit for an R44
	Each month of use must be reported and paid for by the 10th of the following month.   That is, for hours flown in January, the bill is due February 10th.
	There is no minimum usage per month, but for R22's three months in a row with less than 100 hours total will cancel the contract, and I will ask you to return the ship. You should plan on more than 50 hours per month to make the lease profitable for you.
	All the Hobbs time is revenue time starting when you pick up the ship, and ending when you deliver it at the end of the lease.