In the absence of controlling legislation at the local, state, or federal level, contracts relating to aviation are governed by the rules and requirements pertinent to such agreements generally. However, the Federal Aviation Act of 1958 provides in detail for the regulation and control of aviation in the United States
District of Columbia Contract for the Sale and Purchase of an Aircraft with a Bill of Sale Attached as an Exhibit
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How to fill out Contract For The Sale And Purchase Of An Aircraft With A Bill Of Sale Attached As An Exhibit?
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FAQ
As mentioned earlier, an aircraft bill of sale does not universally require notarization. However, specific situations may prompt this need, particularly with financing institutions. To stay compliant and protect your transaction, always review your situation or contact a legal professional to confirm your requirements.
The Federal Aviation Administration accepts documents containing digital signatures by email. The documents may be submitted electronically as an attachment to an email at 9-avs-ar-electronic-submittals@faa.gov. Documents signed in ink must be submitted by U.S. Post Office or commercial delivery services.
Links for aircraft bill of sale and other purchasing documentsAircraft Bill of Sale (AC Form 8050-2)Sample Aircraft Purchase/Sales Agreement.Aircraft Registration (AC Form 8050-1) - The Aircraft Registration Application, AC Form 8050-1, is now available for download from FAA.
To change the registration number of your aircraft, send a letter requesting the assignment of a different number to your aircraft. This letter must describe the aircraft by the: name of the manufacturer. model designation.
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.
Aircraft Registration. Airworthiness Certification.Medical Certification.
Aircraft TransferRemove 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.More items...
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.
Forms for Buying and Selling AircraftAircraft Registration (AC Form 8050-1)Aircraft Bill of Sale (AC Form 8050-2)8050-3- Current registration in aircraft, back filled out, signed and sent into FAA.Information if registering aircraft in an LLC.Sample Aircraft Purchase/Sales Agreement.More items...
Step 2. Filling Out the Bill of SaleSale 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.