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 District of Columbia Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a legal document used in the jurisdiction of District of Columbia to transfer ownership of an aircraft engine from a seller to a buyer. This document is crucial in ensuring a smooth and legally binding transaction between the parties involved. Below, you will find a detailed description of the content typically included in the District of Columbia Bill of Sale for Aircraft Engine, along with relevant keywords related to this topic. 1. Parties involved: The bill of sale will include the full names and addresses of both the seller and the buyer. Keywords: seller, buyer, names, addresses. 2. Description of the aircraft engine: The document will contain a detailed description of the aircraft engine being sold, including its make, model, serial number, and any other relevant identifying information. Keywords: aircraft engine, make model, serial number, identifying information. 3. Condition of the engine: The bill of sale should explicitly state the condition of the aircraft engine at the time of sale, indicating whether it is being sold "as is" or if any warranties or guarantees are provided by the seller. Keywords: condition, as is, warranties, guarantees. 4. Purchase price: The agreed-upon purchase price for the aircraft engine will be stated in the bill of sale, along with the currency in which it should be paid. Keywords: purchase price, currency. 5. Payment terms: If the payment is being made in installments or through any other specific arrangement, these terms should be clearly outlined in the document. Keywords: payment terms, installments. 6. Delivery and acceptance: The bill of sale will specify the date and location of delivery of the aircraft engine to the buyer, as well as the buyer's acceptance of the engine in its current condition. Keywords: delivery, acceptance, date, location. 7. Seller's warranties and disclaimers: If the seller provides any warranties or guarantees regarding the aircraft engine, they should be clearly stated in this section. Alternatively, if the seller is disclaiming any warranties, this must also be explicitly mentioned. Keywords: seller's warranties, seller's guarantees, disclaimer of warranties. 8. Governing law: The bill of sale should include a clause stating that it is governed by the laws of the District of Columbia, which ensures that any legal disputes arising from the transaction will be resolved within this jurisdiction. Keywords: governing law, District of Columbia. Types of District of Columbia Bill of Sale for Aircraft Engine and Disclaimer of Warranties: 1. General District of Columbia Bill of Sale for Aircraft Engine: This is a standard bill of sale that covers the basic elements mentioned above and is used for a straightforward transfer of ownership. 2. District of Columbia Bill of Sale for Aircraft Engine with Warranty: This type of bill of sale includes warranties or guarantees provided by the seller regarding the condition or performance of the aircraft engine. 3. District of Columbia Bill of Sale for Aircraft Engine "As Is" Disclaimer: This bill of sale explicitly disclaims any warranties or guarantees by the seller, indicating that the buyer accepts the aircraft engine in its current condition without any such assurances. By using the appropriate District of Columbia Bill of Sale for Aircraft Engine and Disclaimer of Warranties, both the buyer and seller can ensure a clear understanding of the transaction terms and protect their rights within the jurisdiction of the District of Columbia.
