On more than one occasion, Nel Stubbs has unfurled this clear encapsulation of how the FAA, IRS and liability rear their familiar, but let’s face it problematic faces. Risks are involved when you have to conduct information this way, and if you make any mistakes with paperwork, the FAA will return everything to you to fix the errors and then resubmit, delaying things further for you. Aircraft & Ownership Aircraft & Ownership Whether you're interested in purchasing your first aircraft, or upgrading to another, AOPA offers a wealth of resources to assist, including podcasts, webcasts, videos, articles and products tailored especially for our members. Replacement Aircraft Registration Certificate Request, Always Keep Your FAA Aircraft Registration Up to Date, Easily Get Your Airplane Certificate of Registration Replacement, The Process to Replace Airplane Certificate of Registration, Aircraft Initial Registration When and When Not to Apply for, How to Fill Out Aircraft Registration Form, A Brief Guide, Getting a Plane Abstract of Title Has Never Been Easier. A transfer of equitable interest under a contract of conditional sale or lease with a purchase option, previously recorded with the FAA Aircraft Registry, shall be executed by the original conditional buyer (or their assignee) and the seller under the contract of conditional sale (or their assignee) to show consent to the transfer. The purcha… Maybe you have decided to sell your plane to a private buyer so you can get a new one yourself. 1. An FAA Exchange of Ownership is Needed for Aircraft Owner Transfers. Best of all, you can fill it out right on your screen and send everything to us electronically, including supporting paperwork and payment information. Risks are involved when you have to conduct information this way, and if you make any mistakes with paperwork, the FAA will return everything to you to fix the errors and then resubmit, delaying things further for you. Type your full name to sign this secure webform. A transfer of equitable interest under a contract of conditional sale or lease with a purchase option, previously recorded with the FAA Aircraft Registry, shall be executed by the original conditional buyer (or their assignee) and the seller under the contract of conditional sale (or their assignee) to show consent to the transfer. Filing the proper transfer forms help ensure that the FAA has a record of current ownership of the aircraft. Many owners get frustrated when they must do this because maneuvering around the FAA website is not always the easiest thing to do. The language can be unclear, you often must follow multiple links, and then there is the problem of the form itself. Call us at at (800) 357-0893 or email us at … You must provide them with the Maybe you have decided to sell your plane to a private buyer so you can get a new one yourself. Before you know it, your transaction is completed, thanks to our assistance. Application for U.S Airworthiness Certificate (Form FAA 8130-6) An airworthiness certificate usually is transferred with an airplane when it is sold, but the certificate alone does not … The language can be unclear, you often must follow multiple links, and then there is the problem of the form itself. When you are going through with a sale or are just planning to transfer ownership to another party, there is paperwork that you will need to file with the FAA. Co-Ownership: Marriage without the Wedding Ring Owning an aircraft is challenging even as a sole owner. When Do You Reinstate Airplane Registration Instead of Renewing it? Perhaps your business no longer needs the aircraft you have and you want to sell it. This form’s purpose is to officially transfer the ownership, registration, and property of the aircraft in question to another person, whether that means partial or full ownership. Perhaps your business no longer needs the aircraft you have and you want to sell it. Maybe you just do not use the plane like you thought you would and want to save yourself the expense maintenance can demand from you. in FAA  tags: aircraft transfer of ownership forms, FAA aircraft registration, FAA registry, OUR NEWER TECHNOLOGY & ADVANCED SSL ENCRYPTION, There can be all kinds of reasons why you might want or need to transfer the ownership of your airplane. you will need to access the proper documents from the FAA. Best of all, you can fill it out right on your screen and send everything to us electronically, including supporting paperwork and payment information. The transfer from your current register to the There are forms you need to file that note your plane exchange of ownership so that the FAA is aware of the new owner and … Our website uses the best technology and encryption, so you know your data is safe with us. Replacement Aircraft Registration Certificate Request. Here at the National Aviation Center, we can assist you with your need for the. FAA transfer of ownership and plane exchange of ownership service. How Does a Plane Transfer of Ownership Work? (1) That the above aircraft is owned by the undersigned applicant who either is a citizen (including corporations) of the United StatesOR meets the aircraft registration citizenship requirements of 14 CFR Part 47 as: (CHECK AND COMPLETE a, b, or c), (2) That the aircraft is not registered under the laws of any foreign country; and. If an ownership change has occurred, the seller should report the sale to the Registry by sending in their registration certificate with the reverse side completed. Filing. The FAA Registry records title; state law control who has ownership. (See the sample aircraft registration application.) You need to submit a written notification to the FAA Aircraft Certification Office (ACO) of your intentions to sell the STC. Filing aircraft transfer of ownership forms is a crucial step that you do not want to overlook. Forms Keep Records Accurate Filing the proper transfer forms help ensure that the FAA has a record of current ownership of the aircraft. The procedure for registering and transferring ownership of aircraft is “federal,” so state law is typically not involved. The aircraft is being transferred as part of the organization, reorganization, dissolution or partial liquidation of a business, AND 3. FAA Aircraft Registration When it comes to your FAA aircraft registration, you don’t want to take any chances. Aviation Trust Company will act on behalf of the evidence of ownership 2.2.5f foreign lienholder 5.2 lease 4.3.4h repossession 5.2 without disposition 5.14 Certificate revoked or canceled - 2.2.7d(3) Certificate of Transfer of Ownership (Civil Air Patrol) – 2.2.4p, 2.2.5p, 2.2 It is important to consider all of these rules and requirements when planning the ownership structure for an aircraft. The trustee (s) must submit: An affidavit showing that each beneficiary under the trust is either a U.S. Citizen or a resident alien. no one can profit from the ownership transfer). 49 USCS 1403. C. Transfer of a Part 145 Certificate from One Responsible Flight Standards Office to Another. Understanding Aircraft Transfer Of Ownership Rules Whether you are buying or selling an aircraft, there is one piece of documentation that everyone involved in the transaction must submit. Affidavit of Ownership for Light-Sport Aircraft AC 8050-98 Aircraft Security Agreement AC 8050-2 Bill of Sale AC 8050-4 Certificate of Repossession REGAR-ADCHG-1 Aircraft Owner Change of … Short answer: It is much less and FAA issue than a state law issue. OREGON AIRCRAFT OWNERSHIP TRANSFER (one aircraft per form) COMPANY NAME POINT OF CONTACT LAST FIRST MI DATE OR BIRTH FAA PILOT NO. In most states, a co-ownership arrangement is presumed to be a tenancy in common and will only be considered a joint tenancy if that provision is explicitly created. Filing aircraft transfer of ownership forms is a crucial step that you do not want to overlook. Buying and selling a plane which is fully registered with the FAA is usually much easier than for those planes which are not on the aircraft database. Box. ANSWER: The following statement is on the airworthiness certificate: “this airworthiness certificate is effective as long as the maintenance, preventive maintenance and alterations are performed in accordance with Parts 21, 43, and 91 of the Federal Aviation Regulations as appropriate and the aircraft is registered in … . If the mailing address is wrong, the owner should update the address promptly. National Aviation Center is NOT the FAA or the Federal Aviation Administration; we are a third party private agency that handles FAA Registration processing to the The non-citizen United States corporation applicant must check the appropriate box on the FAA aircraft registration application and list an address where records are available for inspection. How Does a Plane Transfer of Ownership Work? Part 145 prescribes that the FAA must approve, in writing, any change of a repair station location, housing, or facilities. 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