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
Georgia Contract for the Sale and Purchase of an Aircraft with a Bill of Sale Attached as an Exhibit
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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.
To register an aircraft send the following to the Aircraft Registration Branch:an Aircraft Registration Application, AC Form 8050-1.evidence of ownership (such as one or more bills of sale)the $5.00 registration fee made payable to the Federal Aviation Administration.
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.
Among the terms typically included in the agreement are the purchase price, the closing date, the amount of earnest money that the buyer must submit as a deposit, and the list of items that are and are not included in the sale.
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.
Processing registration documents related to a change in aircraft ownership averages 16 working days after their receipt. If a question remains regarding the registration status of your aircraft, you may call the Aircraft Registration Branch toll free at 1-866-762-9434.
How to applyComplete the application on the certificate of registration you received from the previous owner.Fill out the appropriate form:Attach other required (and relevant) documents:Enclose the aircraft registration fee of $110, payable to the Receiver General for Canada.More items...?
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...
