The Aircraft Bill of Sale AC 8050-2 form is a crucial document used in the United States to officially transfer ownership of an aircraft from the seller to the buyer. It details the transaction and is recognized by the Federal Aviation Administration (FAA) as proof of purchase. To ensure a smooth transfer of ownership, it's important to accurately fill out and submit this form. Click the button below to get started on filling out your form.
Transferring ownership of an aircraft involves meticulous documentation, a cornerstone of which is the Aircraft Bill of Sale AC 8050-2 form. This critical document plays a pivotal role in the seamless transition of ownership, serving not only as a proof of sale but also as a required submission for the Federal Aviation Administration (FAA) registry. The form encapsulates essential details such as the names and addresses of both the seller and the buyer, a thorough description of the aircraft, including make, model, and serial number, and the sale price, among other vital data points. Prepared with precision, this document ensures that the legal transfer of an aircraft is acknowledged and recorded, facilitating a transparent process that protects the interests of all parties involved. By understanding the comprehensive nature of the Aircraft Bill of Sale AC 8050-2 form, individuals can navigate the complexities of aircraft transactions with confidence and assurance.
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
U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION
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
NAME(S) OF SELLER
SIGNATURE(S)
TITLE
(TYPED OR PRINTED)
(IN INK) (IF EXECUTED FOR
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:
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.
Once an individual or an organization decides to sell an aircraft, the transaction must be recorded in a legally binding manner. The Aircraft Bill of Sale AC 8050-2 form serves this vital role. Completing this document accurately is essential to ensuring the sale is recognized officially. This process involves detailing both the buyer and the seller's information, along with specifics about the aircraft being transferred. The steps listed below guide through the required information and the order in which it should be entered, ensuring a smooth legal transition of ownership.
Following these steps will help in successfully completing the Aircraft Bill of Sale AC 8050-2 form. It's recommended to review the entire document for accuracy before submission. Once the form is filled out thoroughly and signed, the next steps involve submitting it to the appropriate aviation authority to officially record the change of ownership. This formal acknowledgment ensures that all legal responsibilities are recognized and recorded correctly.
The Aircraft Bill of Sale AC 8050-2 form is a document provided by the Federal Aviation Administration (FAA) in the United States. It serves as an official record that documents the sale and transfer of ownership of an aircraft from one party to another. This form is a critical component of the aircraft registration process, as it provides proof of purchase and ownership.
Individuals or entities who are buying or selling an aircraft within the United States must file an Aircraft Bill of Sale AC 8050-2 form. This includes private sellers and buyers, companies, and trustees. It is a necessary step for the new owner to register the aircraft in their name with the FAA.
The Aircraft Bill of Sale AC 8050-2 form should be filed immediately after the sale of an aircraft. There is no official deadline provided by the FAA, but prompt filing is necessary to ensure the aircraft is registered correctly and to avoid potential legal and operational issues.
The form can be downloaded directly from the Federal Aviation Administration’s official website or obtained from an FAA Flight Standards District Office (FSDO). It is available in a PDF format for convenience.
Completing the Aircraft Bill of Sale AC 8050-2 form requires the following information:
There is no fee to submit the Aircraft Bill of Sale AC 8050-2 form to the FAA. However, other registration-related fees may apply for the overall process of registering or transferring the aircraft.
As of the last update, the Aircraft Bill of Sale AC 8050-2 form cannot be submitted electronically. The completed form must be mailed to the FAA's Aircraft Registration Branch. Always check the FAA's official website or contact an FAA office for the most current submission guidelines.
The processing time for an Aircraft Bill of Sale AC 8050-2 form can vary significantly. It generally depends on the current workload of the FAA's Aircraft Registration Branch. It's advisable to expect several weeks for processing, and plan any aircraft operation accordingly.
If a mistake is found on the Aircraft Bill of Sale AC 8050-2 form, it's essential to address it immediately by contacting the FAA’s Aircraft Registration Branch for guidance. In some cases, a corrected form may need to be filed. Accurate information is crucial to avoid complications with the aircraft's registration status.
When filing the Aircraft Bill of Sale AC 8050-2 form, accuracy and attention to detail are critical. Mistakes can lead to delays or even the rejection of the form, complicating the sale or transfer of aircraft ownership. Listed below are five common mistakes individuals make when completing this form:
Not verifying the buyer and seller information: It's essential to double-check the accuracy of the names and addresses of both the buyer and seller. Errors in this section can cause significant complications in establishing legal ownership.
Omitting necessary signatures: Both the buyer and seller must sign the form. Failure to include all necessary signatures can invalidate the document, requiring parties to start the filing process all over again.
Incomplete description of the aircraft: The form requires detailed information about the aircraft, including make, model, serial number, and registration number. Leaving any of these fields incomplete can prevent the form from being processed.
Incorrectly stating the sale price: The sale price must be accurately reported for tax and legal reasons. Misstating this amount, whether intentionally or by mistake, can have legal and financial repercussions for both parties.
Forgetting to check for state-specific requirements: While the AC 8050-2 form is a federal document, some states may have additional requirements or documents that need to be submitted alongside it. Not fulfilling these requirements can delay the sale or transfer process.
To ensure a smooth transaction and legal transfer of aircraft ownership, individuals should take care to avoid these mistakes. When in doubt, consulting with a professional knowledgeable in aviation transactions can provide clarity and assistance throughout the process.
When buying or selling an aircraft in the United States, the Aircraft Bill of Sale AC 8050-2 form is just one piece of the puzzle. This crucial document evidences the transaction, but to navigate the process smoothly, several other forms and documents often accompany it. These materials ensure compliance with regulations, provide essential details about the aircraft, and protect the rights of both buyer and seller. Below, you'll find an overview of other important documents often used alongside the Aircraft Bill of Sale.
Together, these documents contribute to a lawful and transparent transaction, ensuring that both parties are protected and that the aircraft can be legally flown. It's important to keep in mind that the specific documents required can vary depending on the transaction's complexity and the aircraft's history. When in doubt, consulting with a professional experienced in aviation law can help ensure a smooth and compliant process.
Vehicle Bill of Sale: Similar to the Aircraft Bill of Sale AC 8050-2, a Vehicle Bill of Sale is a document that records the transfer of ownership of a vehicle. It includes details such as the names and addresses of the buyer and seller, the sale date, and information about the vehicle like make, model, and VIN number.
Vessel Bill of Sale: This document is used when the ownership of a boat or another type of watercraft changes hands. Like the Aircraft Bill of Sale, it contains transaction details, including the purchase price and descriptions of the vessel, ensuring legal ownership transfer.
Firearm Bill of Sale: A Firearm Bill of Sale is used to document the sale or transfer of a gun from one person to another. It shares the purpose of proving ownership transfer with the Aircraft Bill of Sale and typically includes specific details about the firearm being sold, along with the buyer's and seller’s information.
Business Bill of Sale: This document entails the sale of an entire business or portions of its assets. Like the aircraft document, it serves as a formal agreement between the buyer and seller, listing assets included in the sale, warranties, and the terms and conditions of the sale.
Real Estate Bill of Sale: Used in the sale of real property, this document is somewhat similar to the Aircraft Bill of Sale but involves land or buildings. It captures key transaction details, including property description, buyer and seller data, and the sale price.
Equipment Bill of Sale: This document is utilized in transactions involving the sale of equipment. It proves the transfer of ownership from one party to another, detailing the equipment's description, serial number, model, condition, and other pertinent details, akin to the Aircraft Bill of Sale.
Pet Bill of Sale: Although it may seem less formal, a Pet Bill of Sale documents the sale of animals and is essential for breeders and buyers. It shares similarities with the Aircraft Bill by detailing the transaction, including the animal's breed, age, and health information, along with the sale terms.
Artwork Bill of Sale: In the sale of valuable artwork, this document certifies the transfer of ownership of the piece from the seller to the buyer. It includes a description of the artwork, the sale price, and conditions of the sale, reflecting the purpose of the Aircraft Bill of Sale in proving ownership transfer of high-value items.
Stock Certificate Transfer Form: While not a bill of sale per se, this form functions similarly by documenting the transfer of ownership of stock shares from one individual or entity to another. It captures the names of the transaction parties, the number of shares transferred, and the transfer date, ensuring a legal change of ownership akin to the function of the Aircraft Bill of Sale.
When filling out the Aircraft Bill of Sale AC 8050-2 form, it's important to follow specific guidelines to ensure the process is completed accurately and legally. Below are lists of things you should and shouldn't do during this process.
What you should do:
What you shouldn't do:
The Aircraft Bill of Sale form AC 8050-2 is crucial in aircraft transactions, serving as a formal document to record the sale of an aircraft from one party to another. However, several misconceptions surround its use and importance. Clearing up these misunderstandings is essential for a smooth transfer process. Here are eight common misconceptions:
Understanding the facts about the Aircraft Bill of Sale form AC 8050-2 helps ensure a smooth and legally sound transfer of aircraft ownership. It's essential to approach this document with the seriousness and attention to detail it requires.
When transferring ownership of an aircraft, it's important to accurately complete and use the Aircraft Bill of Sale, AC 8050-2 form. This document serves as a legal record of the sale and is essential for the buyer's registration process with the Federal Aviation Administration (FAA). Below are ten key takeaways to assist in filling out and utilizing this form effectively:
Using the Aircraft Bill of Sale, AC 8050-2 form correctly is a step toward ensuring a smooth transaction and transition of ownership. Paying attention to the details and requirements mentioned above will help avoid common pitfalls and ensure compliance with FAA regulations.
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