What is an aircraft bill of sale?

An airplane bill of sale is a legal document that records the private transaction of airplanes between seller and buyer. It'll include information relating to the buyer, seller, make & model, and purchase price.

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Bill of Sale for Aircraft Engine and Disclaimer of Warranties

Sacramento California Bill of Sale for Aircraft Engine and Disclaimer of Warranties

Name: Sacramento California Bill of Sale for Aircraft Engine and Disclaimer of Warranties
Brand: US Legal Forms
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Category:

Bills of Sale - Aircrafts

State:

Multi-State

County:

Sacramento

Control #:

US-02583BG

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Description

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.

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How to fill out Sacramento California Bill Of Sale For Aircraft Engine And Disclaimer Of Warranties?

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To register an aircraft send the following to the Aircraft Registration Branch: an Aircraft Registration Application, AC Form 8050-1. evidence of ownership (such as one or more bills of sale) the $5.00 registration fee made payable to the Federal Aviation Administration.

Step 2. Filling Out the Bill of Sale Sale date. Buyer's name and postal address. Seller's name and postal address. Essential aircraft information such as its make, model, registration number, and serial number. Purchase price. Agreed delivery date. Deposit amount.

An airplane bill of sale is a legal document that records the private transaction of airplanes between seller and buyer. It'll include information relating to the buyer, seller, make & model, and purchase price.

Whatever method is used to sell the aircraft there are a couple of things to do first: establish a fair market price, work up a book value and a trade value (price comparison of the same model in the aviation classifieds), decide how to market the aircraft, and decide the sale method trade, broker, dealer, or for

MAILING INSTRUCTIONS: If this form is used, please mail the original or copy which has been signed in ink to FAA Aircraft Registration Branch, P.O. Box 25504, Oklahoma City, OK 73125-0504.

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.

Aircraft Transfer Remove the original aircraft registration certificate with the owner's name on it from the aircraft.Remove any FCC radio station license with your name on it (if there is one). Provide all logbooks and records on the aircraft (as agreed upon) to the buyer.

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Sacramento California Bill of Sale for Aircraft Engine and Disclaimer of Warranties

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Interesting Questions

What is a bill of sale for an aircraft engine?

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