Make Notes On Legal Michigan Aircrafts Forms For Free

Aircraft don't have physical titles. The title really consists of a digital record found at the FAA Aircraft Registry. Powell has a desk at the FAA, and has for a very very long time. We are linked to the FAA's system and view records this way.

Also known as Form AC 8050-2, an aircraft bill of sale is required by the Federal Aviation Administration (FAA) when buying and/or selling an aircraft. This form includes important information about the buyer, seller, and transaction details.

Aircraft Owner means the person or organization under whose name the aircraft has been registered and this term also includes the person or organization having the aircraft in lease. Aircraft Owner means Operator or Airline or any entity, which maintains title ownership of the Aircraft and of Additional Aircraft.

The Bill of Sale must be filled out in duplicate (two originals). Both originals of the Bill of Sale go to the buyer - one is paired with the registration to go to the FAA, and the buyer keeps the other. The seller should make a photocopy, if he desires to keep a record.

An Aircraft Bill of Sale should include the aircraft's make, model, serial number, registration number (N-number), sale price, date of sale, seller's information, buyer's information, and signatures of both parties. It may also include any warranties or disclosures about the aircraft's condition.

ANSWER: Evidence of ownership can be shown on an AC Form 8050-2, Aircraft Bill of Sale, or similarly worded document. For the purpose of registration, the ?Bill of Sale? is the document used by the FAA to confirm that the applicant is the registered owner.