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.
Oregon Bill of Sale for Aircraft Engine and Documentation is a legally binding document used for the transfer of ownership of aircraft engines in the state of Oregon. This bill of sale serves as proof of purchase and records all important details related to the transaction, ensuring a smooth transfer of ownership from the seller to the buyer. The Oregon Bill of Sale for Aircraft Engine and Documentation includes various sections to capture comprehensive information about the engine and the parties involved. It typically requires the following essential details: 1. Seller Information: The name, address, and contact information of the seller who is transferring the ownership of the aircraft engine. 2. Buyer Information: The name, address, and contact information of the buyer, who is acquiring the ownership of the aircraft engine. 3. Engine Information: Detailed documentation of the aircraft engine, such as the make, model, serial number, and any other relevant identification or registration numbers. 4. Condition of the Engine: The condition of the engine at the time of the sale should be accurately described, including any warranties or guarantees provided by the seller. 5. Purchase Price: The agreed-upon purchase price for the aircraft engine should be clearly mentioned in the bill of sale. 6. Payment Terms: Any specific terms or conditions related to the payment, such as installment plans or methods of payment, should be included. 7. Signatures: The bill of sale must be signed and dated by both the seller and the buyer to certify their agreement and acknowledge the transfer of ownership. There are no specific types of Oregon Bill of Sale for Aircraft Engine and Documentation as the general format outlined above is widely used. However, it is essential to ensure compliance with Oregon state laws and regulations regarding the transfer of aircraft engine ownership. Additionally, it is advised to consult with a legal professional or refer to specific guidelines provided by Oregon's aviation authorities for any additional documentation or requirements.