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.
The Mississippi Bill of Sale for Aircraft Engine and Documentation is a legal document used to transfer ownership of an aircraft engine and related documentation between a seller and a buyer in the state of Mississippi. This bill of sale ensures a smooth and legally recognized transaction process for the transfer of an aircraft engine and its accompanying documentation. When a seller decides to sell their aircraft engine, it is essential to have a proper bill of sale to protect both parties involved in the transaction. The Mississippi Bill of Sale for Aircraft Engine and Documentation includes details such as the names and contact information of the buyer and seller, a description of the aircraft engine being sold, the purchase price, and the date of sale. It serves as proof of the transfer of ownership and acts as a legal record of the transaction. Different types of Mississippi Bill of Sale for Aircraft Engine and Documentation may include variations based on the type and condition of the engine being sold. For example, there might be a specific bill of sale for new or unused aircraft engines, while another version may be used when selling used or refurbished engines. It is crucial to use the appropriate bill of sale form that aligns with the specific circumstances of the transaction. The Mississippi Bill of Sale for Aircraft Engine and Documentation is typically prepared by the seller and signed by both parties to acknowledge the transfer of ownership. It is advisable to have the document notarized to add an extra layer of legal authenticity. Additionally, it is essential to make multiple copies of the bill of sale for the buyer, seller, and any other involved parties, such as lenders or insurance companies. Keywords: Mississippi, Bill of Sale, Aircraft Engine, Documentation, transfer of ownership, legal document, transaction process, seller, buyer, contact information, description, purchase price, date of sale, proof, record, new, unused, used, refurbished, different types, notarized, copies, lenders, insurance companies.
