Maintenance
Annual inspection
The comprehensive inspection required every 12 calendar months for most US-registered aircraft, signed off by an IA (Inspection Authorization) mechanic.
In practice
The annual is the calendar heartbeat of ownership: the airplane is legally unairworthy the first day of the month after it lapses, regardless of how it is running. Shared aircraft add a coordination layer - downtime scheduling, cost splitting, and making sure the schedule actually blocks the airplane once the deadline passes rather than trusting everyone to remember.
See it with your own aircraft.
Add your aircraft and your rates, then see the schedule, the squawks, and the ledger all work off one record. No card required.