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 Minnesota Bill of Sale for Aircraft Engine and Documentation is a legal document used to transfer ownership of an aircraft engine and its related documentation from one party to another in the state of Minnesota. This bill of sale is essential for maintaining a comprehensive record of the transaction and ensuring that the buyer obtains rightful ownership of the aircraft engine. When it comes to aircraft engines, several types of bill of sale documents can exist in Minnesota, each serving different purposes based on the specific needs and circumstances of the parties involved. Some notable types include: 1. General Bill of Sale for Aircraft Engine: This type of bill of sale outlines the basic details of the transaction, including the seller's and buyer's information, the date of sale, the purchase price, and a general description of the aircraft engine being sold. It serves as the foundation for transferring ownership. 2. Notarized Bill of Sale for Aircraft Engine: A notarized bill of sale carries additional legal weight as it involves a notary public witnessing the transaction and confirming the authenticity of the signatures and identities of the parties involved. This type of bill of sale adds an extra layer of credibility and protection for both the buyer and seller. 3. Bill of Sale for Aircraft Engine with Warranty: In certain cases, sellers may choose to provide a warranty for the aircraft engine being sold, ensuring that it is in good working condition and free from any hidden defects. This type of bill of sale would include specific warranties, any conditions or limitations, and the duration of the warranty period. 4. Bill of Sale for Aircraft Engine and Related Documentation: Apart from transferring ownership of the aircraft engine itself, this bill of sale covers all relevant documentation pertaining to the engine, such as maintenance records, logbooks, certificates, and warranties. It ensures that the buyer receives all necessary paperwork, which is crucial for ongoing maintenance and compliance with aviation regulations. In summary, the Minnesota Bill of Sale for Aircraft Engine and Documentation is a critical legal document used to transfer ownership of aircraft engines and associated paperwork. Different types of bills of sale cater to various requirements, such as notarization, warranty provisions, and inclusion of related documentation. Using an appropriate bill of sale helps protect the rights and interests of both buyers and sellers involved in aircraft engine transactions within the state of Minnesota.
