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The Aircraft Bill of Sale AC 8050-2 form is a crucial document in the transfer of ownership for aircraft in the United States. This form serves as a legal record that signifies the sale and transfer of an aircraft from one party to another. It includes essential information such as the names and addresses of both the seller and buyer, the aircraft's make, model, and serial number, as well as the sale price. The form must be signed by the seller, and it is advisable for the buyer to obtain a copy for their records. Proper completion of the AC 8050-2 is vital, as it helps establish clear ownership and can play a significant role in future transactions or legal matters. Additionally, the form is often required for registration with the Federal Aviation Administration (FAA), making it an integral part of the aircraft ownership process. Understanding the significance and requirements of this form can help ensure a smooth transaction and protect the interests of both parties involved.
Key takeaways
Filling out the Aircraft Bill of Sale AC 8050-2 form is a crucial step in the transfer of aircraft ownership. Here are some key takeaways to consider:
- The form must be completed accurately to ensure a smooth transfer of ownership.
- All parties involved in the transaction should sign the document to validate the sale.
- It is important to include the correct aircraft details, including the make, model, and serial number.
- Keep a copy of the completed form for your records, as it serves as proof of ownership transfer.
Dos and Don'ts
When filling out the Aircraft Bill of Sale AC 8050-2 form, it's important to follow specific guidelines to ensure accuracy and compliance. Here’s a list of things you should and shouldn’t do:
- Do ensure all information is accurate and complete before submitting the form.
- Do use black or blue ink for clarity when filling out the form.
- Do sign the form in the appropriate section to validate the sale.
- Do include the correct aircraft registration number.
- Do keep a copy of the completed form for your records.
- Don't leave any required fields blank; all sections must be filled out.
- Don't use pencil or erasable ink, as this can lead to issues.
- Don't forget to date the form when signing.
- Don't submit the form without verifying that all parties involved have signed.
By adhering to these guidelines, you can help ensure a smooth transaction process for the sale of the aircraft.
Documents used along the form
The Aircraft Bill of Sale AC 8050-2 form serves as a critical document in the transfer of ownership for aircraft. However, several other forms and documents are commonly utilized alongside this bill of sale to ensure a smooth transaction and compliance with regulatory requirements. Below is a list of these accompanying documents.
- Aircraft Registration Application (AC Form 8050-1): This form is necessary for registering the aircraft with the Federal Aviation Administration (FAA). It provides essential information about the aircraft and its new owner, ensuring that the ownership is officially recognized.
- Aircraft Eligibility Statement (AC Form 8050-2A): This document confirms that the aircraft meets the necessary eligibility requirements for registration. It is particularly important for aircraft that have been previously registered or modified.
- Notice of Registration (AC Form 8050-88): After registering the aircraft, this form serves as proof of registration. It is often required for legal purposes, such as during inspections or if ownership is questioned.
- Aircraft Lease Agreement: If the aircraft is being leased rather than sold outright, a lease agreement outlines the terms of the lease, including duration, payment, and responsibilities of both parties.
- General Bill of Sale - This document is essential for confirming the transfer of ownership. For more information, you can refer to Fast PDF Templates.
- Bill of Sale for Aircraft Parts: In cases where aircraft parts are sold separately from the aircraft itself, this bill of sale details the transaction, ensuring proper transfer of ownership for those parts.
Each of these documents plays a vital role in the aircraft ownership process. Properly completing and filing them helps to protect the interests of all parties involved and ensures compliance with aviation regulations.
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The California Bill of Sale form serves as a legal document that records the transfer of ownership of personal property from one individual to another. This form is crucial for providing evidence of the transaction and outlining the details of the sale, such as the buyer, seller, and item description. To ensure your transaction is documented properly, consider Fill PDF Forms to fill out the form by clicking the button below.
Da - All personnel handling the form must be familiar with its instructions.
Things to Know About This Form
What is the Aircraft Bill of Sale AC 8050-2 form?
The Aircraft Bill of Sale AC 8050-2 form is a legal document used to transfer ownership of an aircraft from one party to another. It serves as proof of the sale and includes important details about the aircraft and the parties involved in the transaction.
Who needs to use the Aircraft Bill of Sale AC 8050-2 form?
This form is necessary for anyone buying or selling an aircraft. Whether you are an individual, a business, or an organization, if you are involved in the transfer of an aircraft, you will need to complete this form to ensure the transaction is legally recognized.
What information is required on the form?
The Aircraft Bill of Sale AC 8050-2 form requires the following information:
- Names and addresses of the buyer and seller
- Aircraft make, model, and serial number
- Date of sale
- Purchase price
All of this information must be accurate to avoid any legal issues in the future.
Is the form required for all aircraft transactions?
While the Aircraft Bill of Sale AC 8050-2 form is not legally required for every aircraft transaction, it is highly recommended. Using this form helps protect both the buyer and seller by providing clear evidence of the sale and the terms agreed upon.
How do I fill out the Aircraft Bill of Sale AC 8050-2 form?
To fill out the form, start by providing the required information about both parties. Next, include details about the aircraft, such as its make, model, and serial number. Finally, state the purchase price and date of the transaction. Be sure to sign the form to validate the sale.
Do I need to have the form notarized?
Notarization is not a requirement for the Aircraft Bill of Sale AC 8050-2 form. However, having the form notarized can add an extra layer of security and authenticity to the transaction, which may be beneficial in case of any disputes.
Where should I submit the completed form?
After completing the Aircraft Bill of Sale AC 8050-2 form, you should keep a copy for your records. The buyer will typically need to submit the form to the Federal Aviation Administration (FAA) as part of the process to register the aircraft in their name.
What happens if I lose the Aircraft Bill of Sale AC 8050-2 form?
If you lose the Aircraft Bill of Sale AC 8050-2 form, it is important to act quickly. You can request a copy from the other party involved in the transaction. If that is not possible, you may need to create a new bill of sale and have both parties sign it again to ensure proper documentation of the ownership transfer.
Can I use a different form for the sale of an aircraft?
While you can use different forms for the sale of an aircraft, it is advisable to use the Aircraft Bill of Sale AC 8050-2 form. This form is specifically designed for aircraft transactions and is recognized by the FAA, making it the safest choice for ensuring a smooth transfer of ownership.
Preview - Aircraft Bill of Sale AC 8050-2 Form
OMB Control No.
Exp. 03/31/2024
PRA Public Burden Statement: A federal agency may not conduct or sponsor, and a person is not required to respond to, nor shall a person be subject to a penalty for failure to comply with a collection of information subject to the requirements of the Paperwork Reduction Act unless that collection of information displays a currently valid OMB Control Number. The OMB Control Number for this information collection is
AIRCRAFT BILL OF SALE INFORMATION
PREPARATION: Prepare this form in duplicate. Except for signatures, all data should be type-
written or printed. Signatures must be in ink. The name of the purchaser must be identical to the name of the applicant shown on the Aircraft Registration Application, AC Form
When a trade name is shown as the purchaser or seller, the name of the individual owner or
If the aircraft was not purchased from the last registered owner, conveyances must be submitted completing the chain of ownership from the last registered owner, through all intervening owners, to the applicant.
REGISTRATION AND RECORDING FEES: The fee for issuing a certificate of aircraft registration is $5.00. An additional fee of $5.00 is required when a conditional sales contract is submitted in lieu of bill of sale as evidence of ownership along with the application for aircraft registration ($5.00 for the issuance of the certificate, and $5.00 for recording the lien evidenced by the contract). The fee for recording a conveyance is $5.00 for each eligible piece of collateral listed thereon. (There is no fee for issuing a certificate of aircraft registration to a governmental unit or for recording a bill of sale that accompanies an application for aircraft registration and the proper registration fee.)
MAILING INSTRUCTIONS:
If this form is used, please mail the original or copy which has been signed in ink to FAA Aircraft Registration Branch, P.O. Box 25504, Oklahoma City, OK
AC Form
UNITED STATES OF AMERICA |
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OMB Control No. |
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U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION |
Exp. 03/31/2024 |
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AIRCRAFT BILL OF SALE |
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FOR AND IN CONSIDERATION OF $ |
THE |
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UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND |
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BENEFICIAL TITLE OF THE AIRCRAFT DESCRIBED |
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AS FOLLOWS: |
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UNITED STATES |
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REGISTRATION NUMBER |
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AIRCRAFT MANUFACTURER & MODEL |
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AIRCRAFT SERIAL NO. |
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DOES THIS |
DAY OF |
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HEREBY SELL, GRANT, TRANSFER AND |
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DELIVER ALL RIGHTS, TITLE, AND INTERESTS |
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IN AND TO SUCH AIRCRAFT UNTO: |
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Do Not Write In This Block |
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FOR FAA USE ONLY |
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NAME AND ADDRESS |
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(IF INDIVIDUAL(S), GIVE LAST NAME, FIRST NAME, AND MIDDLE INITIAL.) |
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DEALER CERTIFICATE NUMBER |
AND TO |
EXECUTORS, ADMINISTRATORS, AND ASSIGNS TO HAVE AND TO HOLD |
SINGULARLY THE SAID AIRCRAFT FOREVER, AND WARRANTS THE TITLE THEREOF:
IN TESTIMONY WHEREOF |
HAVE SET |
HAND AND SEAL THIS |
DAY OF |
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NAME(S) OF SELLER |
SIGNATURE(S) |
TITLE |
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(TYPED OR PRINTED) |
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(IN INK) (IF EXECUTED FOR |
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SELLER |
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ACKNOWLEDGMENT (NOT REQUIRED FOR PURPOSES OF FAA RECORDING: HOWEVER, MAY BE REQUIRED BY LOCAL LAW FOR VALIDITY OF THE INSTRUMENT.)
ORIGINAL: TO FAA:
AC Form
OMB Control No.
Exp. 03/31/2024
PRIVACY ACT OF 1974 (PL
Title 49 U.S.C. 44101 requires the registration of each United State civil aircraft as a prerequisite to its operation. The applicant for registration must submit evidence of ownership that meets the requirements prescribed in Part 47 of the Federal Aviation Regulations.
This form identifies the aircraft being purchased, and provides space for purchaser and seller identification and signature. This is intended only to be a suggested bill of sale form which meets the recording requirements of the Federal Aviation Act, and the regulations issued thereunder. In addition to these requirements, the form of bill of sale should be drafted in accordance with the pertinent provisions of local statutes and other applicable federal statutes.
The following routine uses are made of the information gathered:
(1)To support investigative efforts of investigation and law enforcement agencies of Federal, state, and foreign governments.
(2)To serve as a repository of legal documents used by individuals and title search companies to determine the ownership of an aircraft for registration purposes.
(3)To provide aircraft owners and operators information about potential mechanical defects or unsafe conditions of their aircraft in the form of airworthiness directives.
(4)To provide supporting information in court cases.
(5)To serve as a data source for management information for production of summary descriptive statistics and analytical studies in support of agency functions for which the records are collected and maintained.
(6)To respond to general requests from the aviation community or the public for statistical information under the Freedom of Information Act or to locate specific individuals or specific aircraft for accident investigation, violation, or other safety related requirements.
(7)To provide data for the automated aircraft registration master file.
(8)To provide documents for development of the aircraft registration statistical system.
(9)To prepare an aircraft register in electronic media as required by ICAO agreement containing information on aircraft owners by name, address,
(10)The aircraft records maintained by the FAA Aircraft Registry are public records and are open for inspection in room 122 of the Registry Building, Mike Monroney Aeronautical Center, 6425 S. Denning, Oklahoma City, Oklahoma 73169. Individuals interested in such information may make a personal search of the records or may avail themselves of the services of a company or an attorney.
AC Form
Document Specifics
| Fact Name | Description |
|---|---|
| Purpose | The Aircraft Bill of Sale AC 8050-2 form is used to document the sale of an aircraft. It serves as proof of ownership transfer between the seller and the buyer. |
| Filing Requirement | While not mandatory, filing the form with the FAA is recommended to ensure the new owner's claim to the aircraft is officially recognized. |
| Governing Law | The form is governed by federal aviation regulations, specifically Title 14 of the Code of Federal Regulations (CFR), Part 47. |
| Signature Requirement | The form must be signed by the seller, and it is advisable for the buyer to also sign it to confirm acceptance of the sale. |
| Notarization | Notarization is not required for the Aircraft Bill of Sale, but having the signatures notarized can provide additional legal protection. |
| Form Availability | The AC 8050-2 form is available online through the FAA's website and can be filled out electronically or printed for manual completion. |
How to Fill Out Aircraft Bill of Sale AC 8050-2
Completing the Aircraft Bill of Sale AC 8050-2 form is a crucial step in the process of transferring ownership of an aircraft. After filling out the form, ensure that both the seller and buyer retain copies for their records. The form must be signed and dated to validate the transaction.
- Obtain the Aircraft Bill of Sale AC 8050-2 form from the FAA website or a trusted source.
- Fill in the date of the sale in the designated space at the top of the form.
- Provide the name and address of the seller in the appropriate section.
- Enter the name and address of the buyer in the specified area.
- Include the aircraft's make, model, and year of manufacture in the corresponding fields.
- List the aircraft's serial number accurately to ensure proper identification.
- Indicate the purchase price of the aircraft in the designated box.
- Sign the form where indicated, ensuring the signature belongs to the seller.
- Have the buyer sign the form as well, confirming their acceptance of the sale.
- Make copies of the completed form for both the buyer and seller for their records.