FAA AC Form 8050-2 2021-2024 free printable template
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OMB 2120-0042. Comments concerning the accuracy of this burden and suggestions for reducing the burden should be directed to the FAA at 800 Independence Ave. SW Washington DC 20591 attn Information Collection Clearance Officer AES-200. AIRCRAFT BILL OF SALE INFORMATION PREPARATION Prepare this form in duplicate. 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...
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How to fill out aircraft bill of sale
How to fill out faa bill of sale?
01
Make sure to include the aircraft's make, model, and serial number accurately on the form.
02
Provide the date of the sale and the selling price of the aircraft.
03
Include the seller's name, address, and contact information, as well as the buyer's name, address, and contact information.
04
Both the seller and the buyer must sign the bill of sale to make it legally binding.
05
If there are any liens or encumbrances on the aircraft, they should be disclosed in the document.
06
Check for any additional requirements or specific information needed by your local FAA office, as the process may vary.
07
Submit the completed and signed bill of sale to the appropriate FAA office or online platform for recording.
Who needs faa bill of sale?
01
Owners selling their aircraft to another individual or entity.
02
Buyers purchasing an aircraft from an individual or entity.
03
Both parties involved in the sale, as the bill of sale serves as a legal proof of ownership transfer and protects the rights and interests of both the buyer and the seller.
Video instructions and help with filling out and completing aircraft bill of sale
Instructions and Help about bill of sale for aircraft form
Alright guys I want to show you how to change a tail number or registration number on your aircraft it's quite easy to do the only problem is its kind of lengthy and kind of unorganized if you ask me so what I'm going to do is go to safari, and I want to go to FAA gov and this is the homepage will do is kind of go over to aircraft and without clicking on it just kind of scroll down to aircraft certification you can click on that and aircraft registration click on more it's going to bring up all of this all of these options you want to click on n numbers reserve renew or change and reserve and n number online is the quickest so number one you want to make sure that the tail number that you want is available and if it is you want to purchase it, and it's only ten dollars as you can see here, so that's really cool so for example you're going to come down to here and you for example let's just say you want 682 30 okay you put that in there and proceed with the request and get here, and it says that this one's already assigned so sorry the end number you requested is not available for registration so okay your first choice I was denied, so hopefully you've got to back up and come back to here and enter in your second choice let's just say for example 2 504 Foxtrot and proceed with a crust okay so good news this one is available and all the red asterisks are required information to be entered you want to fill out all of this information, and again it's a ten dollar fee unless you're with the government which would be nice because that is no fee but individual or company reservation just a Fiat ten dollars you'll click on proceed with request you enter your credit card information and after that you own that tail number for one year and every time the year expires for example if you have not registered that tail number and put it on your actual aircraft you'll have to renew it each year just to hold ownership of that tail number, so that's step one just kind of obtaining ownership sort of speak on that tail number the next thing you want to do I just go to google and this is where I find this form change tail number on aircraft all right special item number is changing in numbers this is kind of where it gets a little tricky you just want to basically what you have to do is you have to write a letter unfortunately there's nothing that you can find online that can speed this process of they can't send you anything prior to you doing this letter, so you want to be very, very specific in this letter that you type out and send to the Oklahoma City government branch, so basically you want the name of the manufacturer so for example if it's a Cessna put on Cessna model designation Cessna 152 it's very important that you include the serial number and the current u.s. registration number so for example ours was 504 Foxtrot that's the new one that we want, but the old tail number for example let's just say it was November six 8239 you'll, you'll include both...
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Who is required to file faa bill of sale?
Anyone who is selling or transferring an aircraft in the United States must file a Federal Aviation Administration (FAA) Bill of Sale. This document ensures that the transfer of the aircraft is legal and is an important document for both the buyer and the seller.
What information must be reported on faa bill of sale?
FAA Bill of Sale must include the following information:
1. Seller's name and address.
2. Buyer's name and address.
3. Make, model, and serial number of the aircraft.
4. Year of manufacture.
5. Registration number.
6. Price of the aircraft.
7. Date of sale.
8. Signature of both buyer and seller.
When is the deadline to file faa bill of sale in 2023?
The deadline to file an FAA Bill of Sale in 2023 is currently unknown. The FAA typically updates their filing deadlines annually. Please check the FAA website (www.faa.gov) for the most up-to-date information.
What is the penalty for the late filing of faa bill of sale?
The penalty for the late filing of a FAA bill of sale varies depending on the state where the aircraft is registered. Generally, the penalty is a fine and/or suspension of the aircraft registration until the bill of sale is filed.
What is faa bill of sale?
The FAA bill of sale refers to a legal document used in the United States for the transfer of ownership of an aircraft. It is a contract between the buyer and seller, containing important information such as the aircraft's description, registration number, purchase price, and any conditions or warranties. The bill of sale must be filed with the Federal Aviation Administration (FAA) to officially record the transfer of ownership. It is a crucial document for establishing legal ownership and liability in the aviation industry.
How to fill out faa bill of sale?
Filling out the FAA Bill of Sale involves the following steps:
1. Download the form: Obtain a copy of the FAA Bill of Sale form from the Federal Aviation Administration (FAA) website or from an authorized source.
2. Gather necessary information: Collect all the required information for filling out the form. This includes the aircraft's manufacturer, model, serial number, registration number, and the date of sale.
3. Seller's information: Fill in the contact details and address of the seller, including their name, phone number, email address, and physical address.
4. Buyer's information: Provide the same details for the buyer, including their name, phone number, email address, and physical address.
5. Purchase price: Indicate the agreed-upon purchase price of the aircraft. This should be stated in U.S. dollars.
6. Signatories: Both the seller and buyer must sign and date the form. Make sure to use ink and provide the appropriate titles, such as "Seller" and "Buyer."
7. Notarization: Some states require notarization of the FAA Bill of Sale. Check your state's requirements. If notary services are needed, the form should be signed in front of a notary public who will affix their seal and signature.
8. Submitting the form: Retain a copy of the filled-out FAA Bill of Sale for your own records, and provide a copy to the buyer. The original or a copy (if required by the state) should be sent to the FAA Aircraft Registration Branch for processing.
Note: The above steps provide a general overview of how to fill out the FAA Bill of Sale. It is important to carefully read the instructions provided with the form and consult appropriate legal or aviation professionals if needed.
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