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 North Dakota Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a legally binding document that serves as evidence of the transfer of ownership of an aircraft engine in North Dakota. It outlines all the essential details regarding the transaction and protects the rights of both the seller and the buyer. It is crucial to understand the specific requirements and components of this document to ensure a smooth and legally compliant transaction. Keywords: North Dakota, Bill of Sale, Aircraft Engine, Disclaimer of Warranties, transfer of ownership, transaction, seller, buyer, legally binding, document. There are two primary types of North Dakota Bill of Sale for Aircraft Engine and Disclaimer of Warranties, namely: 1. Basic North Dakota Bill of Sale for Aircraft Engine and Disclaimer of Warranties: The basic Bill of Sale for Aircraft Engine in North Dakota contains comprehensive information about the aircraft engine being sold, the parties involved, and the terms of the sale. It includes details such as the engine's make, model, year, serial number, and condition. This document also includes the purchase price, payment terms, and any warranties provided by the seller. Moreover, it includes a disclaimer of warranties clause, which highlights that the seller makes no guarantees about the engine's condition or fitness for a particular purpose, and the buyer accepts the engine "as is." Keywords: North Dakota, Bill of Sale, Aircraft Engine, Disclaimer of Warranties, make, model, year, serial number, condition, purchase price, payment terms, warranties, fitness for a particular purpose. 2. Comprehensive North Dakota Bill of Sale for Aircraft Engine and Disclaimer of Warranties: The comprehensive Bill of Sale for Aircraft Engine in North Dakota includes all the elements mentioned in the basic version, but with additional clauses to protect the interests of both parties further. This document incorporates more specific terms regarding the engine's maintenance and repair history, guarantees made by the seller, and the buyer's responsibilities post-purchase. It also consists of provisions related to legal disputes and governing law. Keywords: North Dakota, Bill of Sale, Aircraft Engine, Disclaimer of Warranties, make, model, year, serial number, condition, purchase price, payment terms, warranties, fitness for a particular purpose, maintenance, repair history, guarantees, legal disputes, governing law. In summary, the North Dakota Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a critical legal document for the transfer of ownership of an aircraft engine. Understanding the different types of Bill of Sale available in North Dakota helps ensure all necessary details are included, protecting the rights of both the buyer and the seller throughout the transaction process.
