Aircraft Registration Forms. Form, Title. AC This form must be completed in its entirety, see notes below. AC , Bill of Sale. The seller completes the “Bill of Sale,” which is FAA Form , available for download on FAA’s web site, or from AOPA (/), most FAA FSDO. Aircraft Bill of Sale (AC Form ) · Sample Aircraft Purchase/Sales A Standard Airworthiness Certificate (FAA Form ) remains current as long as.
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Does this mean you’re selling your ? Those blocks are “Seller” “Signature” and “Title. In this situation, the aircraft buyer does not become the actual owner of the aircraft.
Log in or Sign up. To answer these questions, fas we need to discuss what the FAA requires for an aircraft purchase transaction.
I was going to ask on here what the right way to do it was that was my “Delete” threadbut then I realized that the FAA has a phone number to call in order to get assistance with aircraft registration questions.
Very helpful for a lot of people. Instead, the Registry examiners will review each document and determine if the document has a legible and acceptable digital signature. Have I missed any skeletons hiding in the closet that threaten my continued ownership and possession of my aircraft?
Aircraft Sales Resources – Goodrich Aviation
The bottom line is that you as an aircraft buyer need to proceed with caution and perform due diligence when purchasing an aircraft. Feb 27, Messages: Each case is unique and must be analyzed by an attorney licensed to practice in your area with respect to the particular facts and applicable current law before any advice can be given.
Additionally, for the most part, all interests in aircraft, whether a security interest, lien, mortgage or judgment, must also be recorded with the FAA Registry in Oklahoma City in order to be valid and the first recorded interest usually has priority over interests recorded at a later date.
I am dealing with several forms Aircraft Bill of Sale being filled out. With Cloud 9 being so successful Ted DuPuisApr 8, Ted DuPuis Trustee – my signature – Trustee.
In short, I was very pleased with the encounter, which is how I’ve felt about most of my encounters with individual FAA employees forj my aviation career. The aircraft title insurer will ensure your documentation is accurate and filed in a timely manner and it will also perform the same types of title and name searches an aviation attorney would perform on your behalf. Whether you are purchasing your first aircraft or the latest in a succession of aircraft, as an aircraft buyer you need to proceed with caution.
Denton, TX Display Name: The information contained in this web-site is intended for the education and benefit of those visiting the Aero Legal Services site.
SCCutlerSep 24, Jun 27, Messages: One such situation occurs when the bill of sale contains errors. Reigel fax not create an attorney-client relationship. Do I really own the aircraft?
Unrecorded, possessory liens make a strong case against purchasing an aircraft sight unseen without confirming the location of the aircraft and lack of claims by the party in possession faaa other than the aircraft seller. Reigel-Aero Legal Services Present. Oct 9, Messages: She was able to quickly answer my questions, and even looked up one of 8050- aircraft to confirm that my understanding of its registration was correct this was her idea, I didn’t have to ask.
Greg Reigel’s Aero Legal Services
It is also possible, in some limited circumstances, to have an unrecorded, possessory lien against an aircraft. May 18, Messages: StewartbApr 8, Nov 21, Messages: Do you already have an account? Reigel Serving clients throughout the U. A legible and acceptable digital signature must meet the following fogm.
An aviation attorney will be familiar with the filing and recording requirements of the FAA and will make sure that the bill of sale and aircraft registration application are completed accurately, properly and filed in a timely manner. An aviation attorney may further help you obtain an affidavit from the seller affirmatively stating that the seller is not aware of any from, liens or encumbrances affecting the title to the aircraft.
Potential errors can include when the person signing the bill of sale does not have authority to sign on behalf of the corporation or limited liability company that owns the aircraft, when the aircraft is incorrectly identified on the bill of sale or when the person signing frm bill of sale does rorm have capacity e. The sunset of the Pink Slip is on the horizon!
What types of problems can happen? Lincoln, NE Display Name: Corm airplane owned by a corporation clearly requires an officer to transfer but an airplane held in trust will show the trustee as the owner. The person signing it should then put his or her signature, and title with respect to the corporation.