aircraft transfer of ownership

Understanding Aircraft Transfer Of Ownership Rules

Whether you are buying or selling an aircraft, there is one piece of documentation that everyone involved in the transaction must submit. This is the aircraft transfer of ownership form which informs the Federal Aviation Administration about the change in the current owner of the aircraft. This document needs to be submitted as soon as…

plane security agreement.

What Is A Plane Security Agreement?

Buying an airplane is not a cheap investment, and many owners have to take out loans and mortgages in order to get the money to buy the plane in the first place. To make sure that their loans are fully secure, most lenders will require that the owner submit a type of document known as…

airplane renewal

What You Need For Airplane Renewal Of Documents

As the owner of an airplane, it is likely that you are extremely busy, and as with most busy people sometimes it is easy to overlook things such as documentation and paperwork. Even if you think that you are completely on top of everything, sometimes you can leave important things such as airplane renewal to…

reinstate the airplane

How To Reinstate Airplane Documentation

Keeping your aircraft registered with the Federal Aviation Administration is vital if you want to be able to fly or use the plane in any manner. If your plane is not registered, then your aircraft is simply not legal, and you may face fines and other punishment from the FAA if you try to fly…

plane exchange of ownership

Forms for a Plane Exchange of Ownership

If you have been an aircraft owner for a while now, you may reach the point where you believe it is time to make a change. Perhaps you want to purchase a newer aircraft and need to sell your current plane first. It could be that you are ready to remove yourself from owning a…

airplane FAA renewal

Remember Your Airplane FAA Renewal

Flying your airplane is one of the thrills you have in life. You love to take your free time and get into your aircraft and travel to different places or just spend some time up in the air enjoying all you see and feel. While flying is what you enjoy most, you also need to…

your initial aircraft faa registration

Your Initial Aircraft FAA Registration

You may have never imagined the day would come where you have the opportunity to buy an airplane. When you were a child, you thought about what it would be like to fly, and as you got older, studied flying and got your license, part of your lifelong dream came true. Now you are in…

AC 8050-98

AC 8050-98 – An Essential Form

If you are thinking about purchasing an airplane for your business, or just so you can have one for yourself to fly and enjoy, you know that it is a significant investment for you financially and in terms of time. Responsibility comes along with aircraft ownership, and one of those responsibilities right from the start…