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The Aircraft Bill of Sale AC 8050-2 form is an essential document for anyone involved in the buying or selling of an aircraft. This form serves as a legal record of the transfer of ownership, providing both parties with a clear and binding agreement. It captures vital information, including the details of the aircraft, such as its make, model, and serial number, ensuring that all specifics are accurately documented. Additionally, the form requires the signatures of both the seller and buyer, which signifies their consent to the terms of the sale. Notably, the AC 8050-2 also includes a declaration of any liens or encumbrances, protecting the buyer from potential claims against the aircraft. By completing this form, individuals can help facilitate a smooth transaction and ensure compliance with federal regulations, making it a crucial step in the aircraft ownership process.

Document Specifics

Fact Name Description
Purpose The Aircraft Bill of Sale AC 8050-2 form is used to transfer ownership of an aircraft from one party to another.
Form Type This is a federal form issued by the Federal Aviation Administration (FAA).
Required Signatures Both the seller and the buyer must sign the form to validate the transfer of ownership.
Filing Requirement The completed form should be submitted to the FAA for proper registration of the aircraft.
Effective Date The date of the sale is recorded on the form and is crucial for establishing ownership rights.
State-Specific Forms Some states may have additional requirements or forms for aircraft transactions, governed by state aviation laws.
Transfer of Liens Any existing liens on the aircraft should be disclosed in the Bill of Sale to avoid future legal issues.
Notarization While notarization is not mandatory, it is recommended to provide an extra layer of authenticity.
Form Availability The AC 8050-2 form can be downloaded from the FAA's official website.
Legal Implications Completing this form accurately is essential, as it serves as a legal document in ownership disputes.

Similar forms

  • Vehicle Bill of Sale: Similar to the Aircraft Bill of Sale, this document transfers ownership of a vehicle from one person to another. It includes details about the vehicle, such as make, model, and VIN.
  • Boat Bill of Sale: This form serves a similar purpose for boats. It confirms the sale and transfer of ownership, detailing the boat's specifications and the parties involved in the transaction.
  • Real Estate Deed: While primarily used for land and property, a deed also transfers ownership. It identifies the buyer and seller and includes a description of the property.
  • General Bill of Sale: This document facilitates the transfer of ownership of personal property, much like the other bills of sale mentioned. For your convenience, you can Fill PDF Forms for a smooth transaction.
  • Personal Property Bill of Sale: This document is used for transferring ownership of personal items, such as furniture or electronics. It outlines the item’s description and the parties involved.
  • Motorcycle Bill of Sale: Like the vehicle bill of sale, this document is specifically for motorcycles. It provides proof of ownership transfer and includes details about the motorcycle.
  • Aircraft Registration Application: This form is necessary for registering an aircraft with the FAA. It requires information similar to the Aircraft Bill of Sale, such as ownership details and aircraft specifications.
  • Lease Agreement: While different in purpose, a lease agreement also involves ownership rights. It outlines the terms under which one party can use property owned by another.
Free Aircraft Bill of Sale AC 8050-2 File

Aircraft Bill of Sale AC 8050-2 Example

OMB Control No. 2120-0042

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 2120-0042. Public reporting for this collection of information is estimated to be approximately 30 minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, completing and reviewing the collection of information. All responses to this collection of information are required to show evidence of ownership to register an aircraft or hold an aircraft in trust in accordance with 14 CFR Part 47. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: Information Collection Clearance Officer, Federal Aviation Administration, 10101 Hillwood Parkway, Fort Worth, TX 76177-1524.

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 8050-1.

When a trade name is shown as the purchaser or seller, the name of the individual owner or co-owners must be shown along with the trade name.

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 73125-0504.

AC Form 8050-2 (04/21)

UNITED STATES OF AMERICA

 

OMB Control No. 2120-0042

U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION

Exp. 03/31/2024

 

AIRCRAFT BILL OF SALE

 

 

FOR AND IN CONSIDERATION OF $

THE

 

UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND

 

BENEFICIAL TITLE OF THE AIRCRAFT DESCRIBED

 

AS FOLLOWS:

 

 

 

UNITED STATES

N

 

 

REGISTRATION NUMBER

 

 

AIRCRAFT MANUFACTURER & MODEL

 

 

 

 

 

 

AIRCRAFT SERIAL NO.

 

 

 

 

 

 

 

DOES THIS

DAY OF

,

 

HEREBY SELL, GRANT, TRANSFER AND

 

 

DELIVER ALL RIGHTS, TITLE, AND INTERESTS

 

 

IN AND TO SUCH AIRCRAFT UNTO:

 

Do Not Write In This Block

 

 

 

FOR FAA USE ONLY

 

NAME AND ADDRESS

 

(IF INDIVIDUAL(S), GIVE LAST NAME, FIRST NAME, AND MIDDLE INITIAL.)

 

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

 

NAME(S) OF SELLER

SIGNATURE(S)

TITLE

 

(TYPED OR PRINTED)

 

(IN INK) (IF EXECUTED FOR

(TYPED OR PRINTED)

 

 

CO-OWNERSHIP, ALL MUST SIGN.)

 

 

 

 

 

SELLER

 

 

 

 

 

 

 

 

 

 

 

 

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 8050-2 (04/21)

OMB Control No. 2120-0042

Exp. 03/31/2024

PRIVACY ACT OF 1974 (PL 93-579) requires that users of this form be informed of the authority which allows the solicitation of the information and whether disclosure of such information is mandatory or voluntary; the principal purpose for which the information is intended to be used; the routine uses which may be made of the information gathered; and the effects, if any, of not providing all or any part of the requested information.

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, N-Number, and type aircraft, used for internal FAA safety program purposes and also available to the public (individuals, aviation organizations, direct mail advertisers, state and local governments, etc.) upon payment of applicable user charges reimbursing the Federal Government for its costs.

(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 8050-2 (04/21)

Understanding Aircraft Bill of Sale AC 8050-2

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 sale and outlines the details of the transaction, including the names of the buyer and seller, the aircraft's identification number, and the purchase price. This form is essential for registering the aircraft with the Federal Aviation Administration (FAA).

Who needs to fill out the AC 8050-2 form?

Both the seller and the buyer of the aircraft must complete the AC 8050-2 form. The seller provides details about the aircraft and confirms the sale, while the buyer acknowledges the purchase. It is important that both parties carefully review the information to ensure accuracy before signing.

Is the AC 8050-2 form required for all aircraft sales?

Yes, the AC 8050-2 form is required for all sales of aircraft that are to be registered with the FAA. Without this form, the transfer of ownership cannot be officially recognized, and the new owner may face difficulties in registering the aircraft.

Where can I obtain the AC 8050-2 form?

The AC 8050-2 form can be obtained directly from the FAA's website or through various aviation-related organizations. It is available as a downloadable PDF, which can be printed and filled out. Make sure to use the most current version of the form to ensure compliance.

What information is required on the AC 8050-2 form?

The form requires several key pieces of information, including the names and addresses of both the buyer and seller, the aircraft's make, model, and serial number, as well as the date of sale and purchase price. Both parties must sign the form to validate the transaction.

Do I need witnesses or notarization for the AC 8050-2 form?

No, the AC 8050-2 form does not require witnesses or notarization. However, both the buyer and seller should keep a copy of the signed form for their records. This can help prevent disputes in the future regarding ownership and the terms of the sale.

What should I do after completing the AC 8050-2 form?

After completing the AC 8050-2 form, the buyer should submit it to the FAA along with any other required documents for aircraft registration. It is also advisable for the buyer to retain a copy of the form and any related documents, as they may be needed for future reference or legal purposes.

Can the AC 8050-2 form be used for partial ownership transfers?

The AC 8050-2 form is primarily designed for full ownership transfers. If you are looking to transfer only a partial interest in the aircraft, it is recommended to consult with a legal expert or aviation attorney to determine the appropriate documentation and procedures for such transactions.

What if there are errors on the AC 8050-2 form?

If errors are found on the AC 8050-2 form after it has been signed, both parties should correct the mistakes. It is best to draw a line through the incorrect information, write the correct information above it, and have both parties initial the changes. If the errors are significant, it may be advisable to complete a new form to ensure clarity and avoid potential issues.

Dos and Don'ts

When filling out the Aircraft Bill of Sale AC 8050-2 form, it is important to ensure accuracy and compliance. Here are some key dos and don'ts to keep in mind:

  • Do provide accurate information about the aircraft, including its make, model, and serial number.
  • Do include the full names and addresses of both the buyer and seller.
  • Do sign and date the form in the appropriate sections.
  • Do ensure that the form is notarized if required by state law.
  • Do keep a copy of the completed form for your records.
  • Don't leave any fields blank; incomplete forms can lead to delays.
  • Don't use white-out or correction fluid on the form; this can invalidate it.
  • Don't forget to check for any additional requirements specific to your state.
  • Don't submit the form without reviewing it for errors.

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