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 Wisconsin Bill of Sale for Aircraft Engine and Documentation is a legal document that facilitates the transfer of ownership and outlines the details of the sale of an aircraft engine in the state of Wisconsin. It is a crucial document for both buyers and sellers to ensure a smooth and legally binding transaction. The Wisconsin Bill of Sale for Aircraft Engine and Documentation includes important information such as the names and addresses of the buyer and seller, a detailed description of the aircraft engine being sold, and the agreed-upon purchase price. It also contains provisions to address warranty disclaimers, liens, encumbrances, and other conditions or limitations of the sale. This bill of sale acts as evidence of the legal transfer of ownership, protecting both parties involved. It is highly recommended completing this document at the time of the sale to avoid any disputes or misunderstandings in the future. In Wisconsin, there may be different types of bills of sale for aircraft engines and related documentation, depending on the specific circumstances of the sale. Some common variations may include: 1. Aircraft Engine Bill of Sale with Warranty: This document assures the buyer that the seller guarantees the engine's quality and condition for a specified period. It provides additional protection and recourse if any defects or issues arise after the sale. 2. Bill of Sale for Aircraft Engine and Documentation with Lien Release: This type of bill of sale includes provisions that confirm that the seller is the legal owner of the engine and that there are no outstanding liens or encumbrances on the engine. It provides the buyer peace of mind, ensuring they are obtaining a clear title to the engine. 3. Wisconsin Bill of Sale for Aircraft Engine Parts: This variation specifically focuses on the sale of individual aircraft engine parts rather than the entire engine. It outlines the details of the part being sold, its condition, and any warranties or guarantees applicable to the specific part. Regardless of the specific type of Wisconsin Bill of Sale for Aircraft Engine and Documentation, it is crucial for all parties involved in the sale to carefully review the document and make sure that it adequately addresses their needs and protects their legal rights. It is always wise to consult with legal professionals or aviation experts to ensure compliance with all relevant laws and regulations.
