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 South Dakota Bill of Sale for Aircraft Engine and Disclaimer of Warranties is a legal document that serves as proof of the transfer of ownership of an aircraft engine within the state of South Dakota. This document outlines important details about the engine being sold and confirms that the buyer has acquired the engine from the seller. Keywords: South Dakota, Bill of Sale, Aircraft Engine, Disclaimer of Warranties, legal document, transfer of ownership, proof, buyer, seller. There are two main types of South Dakota Bill of Sale for Aircraft Engine and Disclaimer of Warranties: 1. Simple South Dakota Bill of Sale for Aircraft Engine: This type of bill of sale is a straightforward document that includes essential information such as the names and addresses of the buyer and seller, a detailed description of the aircraft engine (including make, model, and serial number), the purchase price, and the date of sale. It serves as a legal contract between the buyer and seller, stating that the ownership of the aircraft engine has been transferred from the seller to the buyer. 2. South Dakota Bill of Sale for Aircraft Engine with Disclaimer of Warranties: This type of bill of sale includes all the information mentioned in the simple bill of sale, along with a disclaimer of warranties sections. The disclaimer states that the seller provides no warranties or guarantees about the condition, performance, or suitability of the aircraft engine for any specific purpose. It frees the seller from any liability regarding the engine's future performance or any potential defects, placing the responsibility on the buyer to conduct proper inspections and due diligence before the purchase. Both types of Bill of Sale for Aircraft Engine and Disclaimer of Warranties ensures a smooth and legally binding transfer of ownership between the parties involved. It is crucial for both buyers and sellers to carefully review and understand the terms outlined in the document before signing to avoid any future disputes or legal complications. Keywords: South Dakota, Bill of Sale, Aircraft Engine, Disclaimer of Warranties, legal document, transfer of ownership, proof, buyer, seller, simple bill of sale, detailed description, make, model, serial number, purchase price, date of sale, disclaimer, warranties, guarantees, condition, performance, suitability, liability, inspections, due diligence, signing, disputes, legal complications.
