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Download Aircraft Bill of Sale AC 8050-2 Form in PDF

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The Aircraft Bill of Sale AC 8050-2 form plays a crucial role in the buying and selling of aircraft in the United States. This form serves as the official record of the transfer of ownership, ensuring that all parties involved have a clear understanding of the transaction. It includes essential details such as the names and addresses of the buyer and seller, the aircraft's make, model, and serial number, as well as the date of sale. Additionally, the form requires the seller's signature, which verifies their consent to the transfer. Proper completion and submission of the AC 8050-2 not only facilitate the registration process with the Federal Aviation Administration (FAA) but also protect the interests of both parties by providing a legal document that can be referenced in case of disputes. Understanding the nuances of this form is vital for anyone involved in aircraft transactions, as it helps to ensure a smooth and legally compliant transfer of ownership.

Document Data

Fact Name Description
Purpose The Aircraft Bill of Sale AC 8050-2 form is used to document the sale of an aircraft, providing proof of ownership transfer.
Filing Requirement While the form is not mandatory for the sale to be valid, filing it with the FAA is essential for registering the new owner.
Signatures The form requires signatures from both the seller and the buyer to validate the transaction.
Governing Law The sale of aircraft is generally governed by federal law, but specific state laws may also apply depending on the jurisdiction.
Form Availability The AC 8050-2 form is available online through the FAA’s official website, making it easily accessible for users.
Use in State Transactions Some states require additional documentation or forms when transferring aircraft ownership, which may vary by state.
Record Keeping It is advisable for both parties to keep a copy of the completed form for their records to ensure clarity in ownership history.

How to Write Aircraft Bill of Sale AC 8050-2

After obtaining the Aircraft Bill of Sale AC 8050-2 form, you will need to fill it out carefully. This document is essential for transferring ownership of an aircraft. Ensure that all information is accurate and complete to avoid any issues later.

  1. Start by entering the date of the sale in the designated field.
  2. Fill in the name and address of the seller. Make sure to include the full name and street address.
  3. Next, provide the name and address of the buyer. Again, include the full name and street address.
  4. Enter the aircraft's make, model, and year in the appropriate sections. This information can usually be found on the aircraft's documentation.
  5. Indicate the aircraft's serial number. This number is crucial for identification purposes.
  6. Fill in the registration number of the aircraft. This number is assigned by the FAA.
  7. Specify the sale price of the aircraft. Be clear and precise about the amount.
  8. Both the seller and buyer must sign the form. Ensure that signatures are dated and printed clearly.
  9. Finally, provide any additional information if required, such as the witness signature if applicable.

Once you have completed the form, review it for accuracy before submitting it to the appropriate authorities. This will help ensure a smooth transfer of ownership.

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)

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