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.
Montana Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a legal document used when transferring ownership of an aircraft engine in the state of Montana. This bill of sale outlines the terms and conditions of the sale and includes important details about the engine being sold and the parties involved. Keywords: Montana bill of sale, aircraft engine, disclaimer of warranties, transfer of ownership, legal document, terms and conditions. There are different types of Montana Bill of Sale for Aircraft Engine and Disclaimer of Warranties based on the specific circumstances and requirements of the parties involved. Here are some common variations: 1. Standard Montana Bill of Sale for Aircraft Engine: This type of bill of sale includes the essential information about the aircraft engine being sold, such as its make, model, serial number, and condition. It also includes the purchase price, payment terms, and the names and addresses of the buyer and seller. The disclaimer of warranties sections states that the engine is being sold "as is" without any warranties or guarantees. 2. Montana Bill of Sale for Aircraft Engine with Seller's Warranty: In this version, the seller provides a limited warranty stating that the engine is in good working condition at the time of sale. This warranty typically covers a specific time period after the sale, during which the buyer can request repairs or replacements if any defects arise. 3. Montana Bill of Sale for Aircraft Engine with Buyer's Inspection: If the buyer wishes to inspect the aircraft engine before purchasing, this type of bill of sale includes a provision for a pre-sale inspection. The document outlines the terms and timing of the inspection, and the buyer has the right to cancel the sale if the inspection reveals any significant issues. 4. Montana Bill of Sale for Aircraft Engine with Indemnity Clause: In certain cases, the buyer may request an indemnity clause in the bill of sale. This clause states that the seller will be responsible for any damages or liabilities arising from the use of the engine after the sale, assuming the buyer follows all proper maintenance and usage procedures. It is important to consult an attorney or legal professional to ensure that the specific Montana Bill of Sale for Aircraft Engine and Disclaimer of Warranties used accurately reflects the intended terms and protects the interests of both the buyer and seller.