Aircraft Bill Of Sale Example
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FAQ
Aircraft Transfer Complete the sale information on the back of the aircraft registration and mail it to the FAA registry for your protection. Call the FAA registry to validate address information at 1-866-762-9434. Provide all logs and records of the aircraft as agreed. Make sure to keep copies and records for yourself.
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.
An Aircraft Bill of Sale should include the aircraft's make, model, serial number, registration number (N-number), sale price, date of sale, seller's information, buyer's information, and signatures of both parties. It may also include any warranties or disclosures about the aircraft's condition.
The Bill of Sale must be filled out in duplicate (two originals). Both originals of the Bill of Sale go to the buyer - one is paired with the registration to go to the FAA, and the buyer keeps the other. The seller should make a photocopy, if he desires to keep a record.
Because aircraft do not have certificates of title (as vehicles do), some people believe an aircraft's registration certificate provides proof of ownership. This is not true, ing to Kenneth Mayfield, vice president and general counsel of Aero Records & Title Company in Oklahoma City.