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 Massachusetts Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a legal document that facilitates the transfer of ownership rights and provides an explicit disclaimer of warranties for an aircraft engine in the state of Massachusetts. This document is essential for buyers and sellers to ensure a smooth and lawful transaction. The Massachusetts Bill of Sale for Aircraft Engine outlines the details surrounding the sale, including the identities of the buyer and seller, a description of the aircraft engine being sold, the purchase price, and any additional terms or conditions agreed upon by both parties. It serves as evidence of the transfer of ownership and can be used for registration and titling purposes. The disclaimer of warranties sections within the Bill of Sale serves to protect the seller from any potential liability or responsibility for the condition and performance of the aircraft engine post-sale. It states that the seller is selling the engine "as-is" and without any expressed or implied warranties. This means that once the sale is complete, the buyer assumes all the risks associated with the engine's functionality and condition. Different types or variations of the Massachusetts Bill of Sale for Aircraft Engine and Disclaimer of Warranties may include specific provisions catering to different scenarios or needs. Some possible types include: 1. Massachusetts Bill of Sale for Used Aircraft Engine: This type of document is used when a previously owned aircraft engine is being sold, outlining details specific to the engine's condition, maintenance history, and any known defects. 2. Massachusetts Bill of Sale for New Aircraft Engine: This type of document is used when a brand-new aircraft engine is being sold, focusing on warranty information provided by the manufacturer or distributor. 3. Massachusetts Bill of Sale for Aircraft Engine Parts: In certain cases, separate bills of sale may be required for specific engine parts or components being sold individually. These documents would outline the specific parts being transferred and may have additional disclaimers or warranties, depending on the condition of the parts. It is crucial to consult with legal professionals or aircraft experts when preparing these documents to ensure compliance with Massachusetts state laws and to protect the rights and obligations of both buyers and sellers.
