Under the Federal Aviation Act of 1958, any conveyance that affects the title to, or any interest in, any civil aircraft of the United States must be acknowledged and recorded with the Administrator of the Federal Aviation Administration in the manner prescribed by statute. After such an instrument is recorded, it is valid as to all persons without recording and regardless of notice.
Documents relating to interests in aircraft are filed with the FAA Registry in Oklahoma City, Oklahoma. Documents must be signed in ink by the appropriate party (e.g. seller, grantor, lien claimant, etc.) or by someone on behalf of the appropriate party with a title acceptable to the FAA (President, Chief Manager etc.). The FAA Registry Examination Guidelines contain a list of titles that are acceptable to the FAA.
Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: A Comprehensive Guide Introduction: The Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a legal document designed to facilitate the transfer of ownership of an aircraft engine within Pima County, Arizona. This comprehensive guide aims to provide a detailed description of this bill of sale, its purpose, essential elements, and different types available. Purpose of the Bill of Sale: The primary purpose of the Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties is to ensure a smooth transfer of ownership while providing legal protection for both the buyer and seller. It acts as a vital proof of purchase, documenting the transaction details, identifying the previous owner, and confirming the conveyance of ownership rights. Essential Elements of the Bill of Sale: 1. Identification of the Parties: The bill of sale requires the full legal names, addresses, and contact information of the buyer (purchaser) and seller (vendor). 2. Aircraft Engine Description: The document should accurately describe the aircraft engine being sold, including the make, model, serial number, and any additional specifications or features. 3. Purchase Price: The agreed-upon purchase price of the aircraft engine must be clearly stated, both in numerical and written formats. 4. Transaction Date: The exact date of the sale should be included to establish the timeline of the transfer. 5. Disclaimers and Warranties: A disclaimer of warranties sections is crucial, stating that the aircraft engine is being sold "as-is" without any express or implied warranties. Different Types of Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: 1. General Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: This is the standard form used for the majority of aircraft engine transactions in Pima County, Arizona. It encompasses the essential elements mentioned above and is appropriate for typical sales. 2. Conditional Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: This type of bill of sale includes additional conditions that need to be fulfilled before the sale becomes final. For instance, the document might state that the transfer of ownership is contingent upon the completion of a satisfactory inspection by a certified mechanic. 3. Warranty Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: In some cases, the seller might provide limited warranties for a specified duration or specific components of the aircraft engine. This type of bill of sale incorporates warranty terms, ensuring certain protections for the buyer. Conclusion: The Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a crucial legal document that ensures a smooth transfer of ownership for aircraft engines while providing necessary legal protection for both parties involved. Depending on specific circumstances, there are different types of this bill of sale, including general, conditional, and warranty variations. It is vital to execute this document accurately to safeguard interests and establish a legally binding sale agreement.Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: A Comprehensive Guide Introduction: The Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a legal document designed to facilitate the transfer of ownership of an aircraft engine within Pima County, Arizona. This comprehensive guide aims to provide a detailed description of this bill of sale, its purpose, essential elements, and different types available. Purpose of the Bill of Sale: The primary purpose of the Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties is to ensure a smooth transfer of ownership while providing legal protection for both the buyer and seller. It acts as a vital proof of purchase, documenting the transaction details, identifying the previous owner, and confirming the conveyance of ownership rights. Essential Elements of the Bill of Sale: 1. Identification of the Parties: The bill of sale requires the full legal names, addresses, and contact information of the buyer (purchaser) and seller (vendor). 2. Aircraft Engine Description: The document should accurately describe the aircraft engine being sold, including the make, model, serial number, and any additional specifications or features. 3. Purchase Price: The agreed-upon purchase price of the aircraft engine must be clearly stated, both in numerical and written formats. 4. Transaction Date: The exact date of the sale should be included to establish the timeline of the transfer. 5. Disclaimers and Warranties: A disclaimer of warranties sections is crucial, stating that the aircraft engine is being sold "as-is" without any express or implied warranties. Different Types of Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: 1. General Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: This is the standard form used for the majority of aircraft engine transactions in Pima County, Arizona. It encompasses the essential elements mentioned above and is appropriate for typical sales. 2. Conditional Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: This type of bill of sale includes additional conditions that need to be fulfilled before the sale becomes final. For instance, the document might state that the transfer of ownership is contingent upon the completion of a satisfactory inspection by a certified mechanic. 3. Warranty Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties: In some cases, the seller might provide limited warranties for a specified duration or specific components of the aircraft engine. This type of bill of sale incorporates warranty terms, ensuring certain protections for the buyer. Conclusion: The Lima Arizona Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a crucial legal document that ensures a smooth transfer of ownership for aircraft engines while providing necessary legal protection for both parties involved. Depending on specific circumstances, there are different types of this bill of sale, including general, conditional, and warranty variations. It is vital to execute this document accurately to safeguard interests and establish a legally binding sale agreement.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
