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To register an aircraft send the following to the Aircraft Registration Branch: an Aircraft Registration Application, AC Form 8050-1. evidence of ownership (such as one or more bills of sale) the $5.00 registration fee made payable to the Federal Aviation Administration.
ANSWER: Evidence of ownership can be shown on an AC Form 8050-2, Aircraft Bill of Sale, or similarly worded document. For the purpose of registration, the ?Bill of Sale? is the document used by the FAA to confirm that the applicant is the registered owner.
During the actual transfer (sale) of your airplane, you'll take your Form 8050-1 registration out of the aircraft and complete the sale section on the back of the Form 8050-1 registration document. As the seller, it is also your responsibility to complete an FAA Form 8050-2, otherwise known as a Bill of Sale. How to Sell Your Aircraft - J.A. Air Center jaair.com ? 2021/05/11 ? how-can-i-sell-my... jaair.com ? 2021/05/11 ? how-can-i-sell-my...
The answer, quite simply, is they do not have one. Aircraft owners, or owners in trust, should know that the FAA's sole purpose regarding aircraft titles has been to file and record documents. Registering in Trust: The FAA's Position on Aircraft Titles agcorp.com ? 2020/09 ? faa-position-on-aircraft-t... agcorp.com ? 2020/09 ? faa-position-on-aircraft-t...
If the address of the purchaser is in Pennsylvania, or if the aircraft is used in Pennsylvania after purchase, the 6 percent (0.06) tax rate applies.
The Bill of Sale must be filled out in duplicate (two originals). Both originals of the Bill of Sale go to the buyer - one is paired with the registration to go to the FAA, and the buyer keeps the other. The seller should make a photocopy, if he desires to keep a record. Selling an Aircraft - AOPA Aircraft Owners and Pilots Association ? go-fly ? aircraft-and-ownership Aircraft Owners and Pilots Association ? go-fly ? aircraft-and-ownership
The Bill of Sale must be filled out in duplicate (two originals). Both originals of the Bill of Sale go to the buyer - one is paired with the registration to go to the FAA, and the buyer keeps the other. The seller should make a photocopy, if he desires to keep a record.
Co-owners decide to keep it simple. You draft an agreement, insurance is secured, and the names of all co-owners are included on the FAA aircraft registration form (FAA form 8050-1). You may or may not opt to open a separate bank account. AIRCRAFT CO-OWNERSHIP - AOPA aopa.org ? media ? Files ? AOPA ? Home aopa.org ? media ? Files ? AOPA ? Home