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Bill of Sale. The seller completes the "Bill of Sale," which is FAA Form 8050-2, available for download on FAA's web site, or from AOPA (800/872-2672), most FAA FSDO offices, or a dealer at your nearest airport). The Bill of Sale must be filled out in duplicate (two originals).
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.
Form AC 8050-2 - Aircraft Bill of Sale.
Once you have this document, you'll need the following information to fill it out in this order: Date of the Sale. Buyer's name & mailing address. Seller's name & mailing address. Aircraft information must include: ... Agreed Purchase Price. Agreed Date of Delivery. Deposit Amount Due at Time of Purchase.
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.
EVIDENCE OF OWNERSHIP: The applicant for registration of an aircraft must submit evidence of ownership that meets the requirements prescribed in 14 CFR Part 47. AC Form 8050-2, Aircraft Bill of Sale, or its equivalent, must be used as evidence of ownership.
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.