Faa Form Aircraft Bill of Sale Ac 8050 2 PDF 2021
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MAILING INSTRUCTIONS If this form is used please mail the original or copy which has been signed in ink to FAA Aircraft Registration P. O. Box 25504 Oklahoma City OK 73125-0504. AC Form 8050-2 9/92 NSN 0052-00-629-0003 Supersedes Previous Edition 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. The Federal Aviation Act of 1958 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. FORM APPROVED AGENCY DISPLAY OF ESTIMATED BURDEN OMB NO. 2120-0042 This public reporting burden for this collection of information is estimated to average. 5 hour per response. If you wish to comment on the accuracy of the estimate or make suggestions for reducing this burden please direct your comments to OMB and the FAA at the following addresses Office of Management and Budget Paperwork Reduction Project 2120-0042 Washington D*C* 20503 -and- U*S* Department of Transportation Federal Aviation Administration Flight Standards Service FAA Aircraft Registration Branch P. O. Box 25504 Oklahoma City OK 73125-0504 AIRCRAFT BILL OF SALE INFORMATION PREPARATION Prepare this form in duplicate. Except for signatures all data should be typewritten or printed* Signatures must be in ink. The name of the purchaser must be identical to the name of the applicant shown on the application for aircraft registration* 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 REGISTRATION AND RECORDING FEES The fee for issuing a certificate of aircraft registra-tion 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 aircraft 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 P.
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What is the FAA Form Aircraft Bill of Sale AC 8050-2 PDF?
The FAA Form Aircraft Bill of Sale AC 8050-2 is a legal document used to transfer ownership of an aircraft in the United States. This form serves as proof of sale and is essential for registering the aircraft with the Federal Aviation Administration (FAA). It includes critical information such as the seller's and buyer's details, the aircraft's make, model, and serial number, and the sale price. The completed form must be signed by both parties to ensure its validity.
Steps to Complete the FAA Form Aircraft Bill of Sale AC 8050-2 PDF
Completing the FAA Form Aircraft Bill of Sale AC 8050-2 involves several straightforward steps:
- Obtain the form from the FAA website or a trusted source.
- Fill in the seller's name and address, ensuring accuracy.
- Provide the buyer's name and address, as this information is crucial for registration.
- Enter the aircraft's details, including make, model, and serial number.
- Specify the sale price of the aircraft.
- Both parties must sign and date the form to validate the transaction.
Once completed, the form can be submitted to the FAA for processing.
How to Use the FAA Form Aircraft Bill of Sale AC 8050-2 PDF
The FAA Form Aircraft Bill of Sale AC 8050-2 can be used in various scenarios, primarily for transferring ownership of an aircraft. After filling out the form, it serves as a legal document that both the buyer and seller can reference. It is important to keep a copy for personal records and provide one to the FAA when registering the aircraft. This form is also essential for financing or insuring the aircraft, as it provides proof of ownership.
Legal Use of the FAA Form Aircraft Bill of Sale AC 8050-2 PDF
For the FAA Form Aircraft Bill of Sale AC 8050-2 to be legally binding, it must be completed accurately and signed by both the seller and buyer. The form must also comply with federal regulations regarding aircraft ownership transfer. Failure to follow these legal requirements may result in issues during registration or ownership disputes. It is advisable to consult legal counsel if there are any uncertainties regarding the form's use.
Key Elements of the FAA Form Aircraft Bill of Sale AC 8050-2 PDF
The key elements of the FAA Form Aircraft Bill of Sale AC 8050-2 include:
- Seller's Information: Name and address of the current owner.
- Buyer's Information: Name and address of the new owner.
- Aircraft Details: Make, model, and serial number of the aircraft.
- Sale Price: The agreed-upon price for the aircraft.
- Signatures: Signatures of both the seller and buyer, along with the date of the transaction.
These elements are crucial for the form's validity and for ensuring a smooth transfer of ownership.
How to Obtain the FAA Form Aircraft Bill of Sale AC 8050-2 PDF
The FAA Form Aircraft Bill of Sale AC 8050-2 can be obtained directly from the FAA's official website. It is available as a downloadable PDF, which can be printed and filled out. Additionally, some aviation-related organizations and legal offices may provide copies of this form. It is important to ensure that the most current version of the form is used to avoid any potential issues during the sale process.
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| Versions | Form popularity | Fillable & printable |
|---|---|---|
| FAA AC Form 8050-2 2024 | 4.7 Satisfied (56 Votes) | |
| FAA AC Form 8050-2 2021 | 4.8 Satisfied (3272 Votes) | |
| FAA AC Form 8050-2 2012 | 4.8 Satisfied (1058 Votes) | |
| FAA AC Form 8050-2 2009 | 4.8 Satisfied (157 Votes) | |
| IRS W-9 2020 | 4.8 Satisfied (346 Votes) | |
| IRS W-9 2019 | 4.8 Satisfied (346 Votes) |
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The Faa Form Aircraft Bill Of Sale Ac 8050 2 Pdf is a legal document used to transfer ownership of an aircraft from one party to another. It is essential for recording the sale with the Federal Aviation Administration (FAA) and ensuring that the new owner can register the aircraft. Using this form helps maintain clear records and protects both buyers and sellers in an aircraft transaction.
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