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
Guam 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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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...
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.
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.
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...?
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.
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...
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.
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.