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 Delaware Bill of Sale for Aircraft Engine and Documentation is a legal document that serves as evidence of the ownership transfer of an aircraft engine in the state of Delaware. This essential agreement outlines the details of the transaction and helps establish a clear record of the transfer, protecting both the buyer and the seller. The Delaware Bill of Sale for Aircraft Engine and Documentation typically includes crucial information such as the names and addresses of the buyer and seller, the aircraft engine details (including manufacturer, model, serial number, and current condition), and the agreed-upon purchase price. It also covers any additional terms and conditions agreed upon by both parties. This document holds great importance as it not only proves the sale of the aircraft engine but also facilitates the registration process with the appropriate authorities. It provides solid documentation necessary for any future legal claims, transfers, or disputes. There are multiple types of Delaware Bills of Sale for Aircraft Engine and Documentation, depending on the specific purpose or circumstances of the transaction. Here are a few common types: 1. Standard Delaware Bill of Sale for Aircraft Engine and Documentation: This is the most generic type used for a straightforward sale and transfer of an aircraft engine within Delaware. It covers all the essential details and requirements. 2. Delaware Bill of Sale for Aircraft Engine and Documentation with Warranty: This type of bill of sale includes warranties made by the seller regarding the condition, quality, or performance of the aircraft engine. It provides additional protection to the buyer, ensuring that any potential defects or damages are the responsibility of the seller. 3. Delaware Bill of Sale for Aircraft Engine and Documentation with Encumbrances: This type of bill of sale outlines any existing liens, loans, or other encumbrances on the aircraft engine. It ensures that the buyer is aware of such liabilities and agrees to assume them or pay them off as part of the transaction. Regardless of the specific type, it is crucial for both the buyer and the seller to carefully review the Delaware Bill of Sale for Aircraft Engine and Documentation before signing. It is advisable to seek legal counsel to ensure full compliance with state laws and to protect both parties' interests.
