Content Overview
The Aircraft Bill of Sale AC 8050-2 form serves as a crucial document in the transfer of ownership for aircraft in the United States. This form is essential for both buyers and sellers, as it provides a clear record of the transaction and establishes legal ownership. It includes important details such as the aircraft's make, model, and serial number, which help to identify the specific aircraft being sold. Additionally, the form requires the names and addresses of both the seller and the buyer, ensuring that all parties involved are properly documented. A signature from the seller is mandatory, affirming their intent to transfer ownership, while the buyer's signature is also necessary to indicate acceptance of the terms. Furthermore, this form must be submitted to the Federal Aviation Administration (FAA) to officially record the change in ownership, making it a vital step in the aircraft registration process. Understanding the significance of the Aircraft Bill of Sale AC 8050-2 is essential for anyone involved in the buying or selling of aircraft, as it lays the groundwork for a legally binding transaction and protects the rights of both parties.
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Similar forms
- Vehicle Bill of Sale: Similar to the Aircraft Bill of Sale, this document transfers ownership of a vehicle. It includes details about the buyer, seller, and the vehicle itself.
- Alabama Motorcycle Bill of Sale: This form is specifically designed for the sale and transfer of ownership of motorcycles in Alabama. It includes vital information about the motorcycle and the parties involved in the transaction, providing proof of the sale, as detailed at motorcyclebillofsale.com/free-alabama-motorcycle-bill-of-sale/.
- Boat Bill of Sale: This form serves a similar purpose for boats. It outlines the terms of sale and includes information about the boat and the parties involved.
- Real Estate Purchase Agreement: This document is used in real estate transactions. It details the terms of sale for a property, including buyer and seller information, just like the Aircraft Bill of Sale does for aircraft.
- Motorcycle Bill of Sale: This form is specifically for motorcycles. It captures the sale details and ensures both parties are clear about the transaction.
- Personal Property Bill of Sale: This document is broader and can apply to any personal property. It provides proof of ownership transfer, similar to the Aircraft Bill of Sale.
- Mobile Home Bill of Sale: Used for the sale of mobile homes, this document outlines the transaction details, mirroring the structure of the Aircraft Bill of Sale.
- Business Asset Bill of Sale: This form is used when selling business assets. It details the assets being sold and the terms, akin to the aircraft transaction.
- Farm Equipment Bill of Sale: This document transfers ownership of farm equipment. It includes similar information about the buyer and seller, similar to the Aircraft Bill of Sale.
Document Specifics
| Fact Name | Description |
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| Purpose | The Aircraft Bill of Sale AC 8050-2 form is used to transfer ownership of an aircraft from one party to another. |
| Required Information | The form requires details such as the seller's and buyer's names, aircraft description, and sale price. |
| Signature Requirement | Both the seller and buyer must sign the form to validate the transaction. |
| Filing | This form is not mandatory to file with the FAA, but it is recommended for record-keeping. |
| State-Specific Forms | Some states may have additional requirements or forms, depending on local laws. |
| Governing Laws | In many states, the Uniform Commercial Code (UCC) governs the sale of aircraft. |
| Record Keeping | It is wise to keep a copy of the signed form for both parties as proof of the transaction. |
| Transfer of Title | The completion of this form helps establish legal ownership, aiding in the transfer of title. |
| Notarization | While notarization is not required, it can provide additional legal protection for both parties. |
| Access | The AC 8050-2 form can be obtained from the FAA's website or through various aviation resources. |
Things You Should Know About This Form
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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. This form serves as proof of the transaction and is essential for the registration of the aircraft with the Federal Aviation Administration (FAA). It outlines key details about the aircraft, including its make, model, and serial number, as well as the names and addresses of both the seller and the buyer.
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Who needs to complete the AC 8050-2 form?
Both the seller and the buyer must complete the AC 8050-2 form. The seller provides the necessary information to confirm the sale, while the buyer must ensure that all details are accurate to facilitate the transfer of ownership. This form is crucial for anyone involved in the sale or purchase of an aircraft.
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Where can I obtain the AC 8050-2 form?
The Aircraft Bill of Sale AC 8050-2 form can be obtained from the FAA's official website. It is available for download in a PDF format, allowing individuals to print and fill it out as needed. Additionally, some aviation-related organizations may provide copies of the form.
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What information is required on the form?
The form requires several key pieces of information. This includes the seller's and buyer's names and addresses, the aircraft's make, model, and serial number, as well as the date of the sale. If applicable, the form may also include details regarding any liens on the aircraft.
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Do I need to have the form notarized?
Notarization is not a requirement for the AC 8050-2 form; however, it is often recommended. Having the signatures notarized can help prevent disputes about the authenticity of the transaction. It adds an extra layer of security for both parties involved.
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How do I submit the AC 8050-2 form to the FAA?
Once the form is completed and signed, it should be submitted to the FAA along with any other required documentation for aircraft registration. This can typically be done by mailing the form to the appropriate FAA regional office. It is advisable to keep a copy of the submitted form for personal records.
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What happens if the form is not completed correctly?
If the AC 8050-2 form is not filled out correctly, it may lead to delays in the transfer of ownership or registration process. Incomplete or inaccurate information can result in the FAA rejecting the submission. It is important to double-check all details before submission to avoid these issues.
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Is there a fee associated with submitting the AC 8050-2 form?
There is no fee for submitting the Aircraft Bill of Sale AC 8050-2 form itself. However, there may be fees associated with registering the aircraft with the FAA or other related services. It is advisable to check the FAA's website for the most current information regarding any applicable fees.
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Can I use the AC 8050-2 form for any type of aircraft?
The AC 8050-2 form is designed for use with all types of aircraft, including airplanes and helicopters. It is important to ensure that the specific details of the aircraft being sold are accurately reflected in the form to facilitate a smooth transfer of ownership.
Documents used along the form
The Aircraft Bill of Sale AC 8050-2 form is a crucial document for the sale and transfer of ownership of an aircraft. However, several other forms and documents are often used in conjunction with it to ensure a smooth transaction and proper record-keeping. Below is a list of these important documents.
- Aircraft Registration Application (AC 8050-1): This form is used to apply for the registration of an aircraft with the Federal Aviation Administration (FAA). It provides essential information about the aircraft and its owner, ensuring that the aircraft is legally recognized.
- Aircraft Eligibility Statement (AC 8050-2A): This document certifies that the aircraft meets the eligibility requirements for registration. It is typically required for certain types of aircraft, such as those being imported or those that have undergone significant modifications.
- FAA Form 337: This form is used to document major repairs or alterations made to the aircraft. It ensures that all changes are recorded and compliant with FAA regulations, which is vital for maintaining the aircraft's airworthiness.
- Alabama Bill of Sale Form: To complete your transaction, refer to the comprehensive guide on the Alabama bill of sale form for all necessary details.
- Power of Attorney: This document grants authority to another individual to act on behalf of the owner during the sale or registration process. It can be particularly useful when the owner cannot be present to sign necessary documents.
- Bill of Sale for Aircraft Parts: If any parts of the aircraft are sold separately, this document serves as a record of the transaction. It details the specific parts sold and ensures clear ownership transfer.
Utilizing these forms and documents alongside the Aircraft Bill of Sale AC 8050-2 can help streamline the ownership transfer process. Proper documentation not only protects the interests of both the buyer and seller but also ensures compliance with FAA regulations, ultimately contributing to the safe operation of the aircraft.
Aircraft Bill of Sale AC 8050-2 Preview
OMB Control No.
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
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
When a trade name is shown as the purchaser or seller, the name of the individual owner or
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
AC Form
UNITED STATES OF AMERICA |
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OMB Control No. |
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U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION |
Exp. 03/31/2024 |
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AIRCRAFT BILL OF SALE |
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FOR AND IN CONSIDERATION OF $ |
THE |
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UNDERSIGNED OWNER(S) OF THE FULL LEGAL AND |
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BENEFICIAL TITLE OF THE AIRCRAFT DESCRIBED |
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AS FOLLOWS: |
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UNITED STATES |
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REGISTRATION NUMBER |
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AIRCRAFT MANUFACTURER & MODEL |
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AIRCRAFT SERIAL NO. |
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DOES THIS |
DAY OF |
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HEREBY SELL, GRANT, TRANSFER AND |
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DELIVER ALL RIGHTS, TITLE, AND INTERESTS |
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IN AND TO SUCH AIRCRAFT UNTO: |
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Do Not Write In This Block |
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FOR FAA USE ONLY |
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NAME AND ADDRESS |
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(IF INDIVIDUAL(S), GIVE LAST NAME, FIRST NAME, AND MIDDLE INITIAL.) |
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DEALER CERTIFICATE NUMBER |
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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 |
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NAME(S) OF SELLER |
SIGNATURE(S) |
TITLE |
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(TYPED OR PRINTED) |
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(IN INK) (IF EXECUTED FOR |
(TYPED OR PRINTED) |
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SELLER |
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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
OMB Control No.
Exp. 03/31/2024
PRIVACY ACT OF 1974 (PL
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,
(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