When you purchase an airplane of your own, you suddenly unlock unlimited possibilities for air travel. Having the freedom and ability to take to the skies whenever you wish is a true privilege, and it is one that is typically reserved for a very select few. In order to enter the cockpit and climb above the clouds on your own, you need to first obtain a pilot’s license, which is done after many hours of instruction and passing the requisite Federal Aviation Administration (FAA) exam. From there, you can purchase an aircraft and truly take advantage of your abilities as an aviator. Of course, over time, your needs as an aircraft owner may change, and if you are looking to upgrade or downsize your plane, you may opt to sell it on the secondary market. While doing this can certainly net you a fair price, you will also need to work with the buyer to process the proper FAA aircraft transfer of ownership documents.
If it is time to move on from your current aircraft, there are some steps that you will need to complete in order to ensure that any potential transaction goes as smoothly as possible. You will need to complete the “for sale” section that can be found on the back of your aircraft registration certificate and mail it to the FAA’s office in Oklahoma City, Oklahoma for processing. You will also want to provide any and all log books to the new owner and remove any FCC radio license with your name on it. From there, you can work on a Form AC 8050-2 – Bill of Sale, which the new owner will need to submit to the FAA along with their Form AC 8050-1 – Aircraft Registration Application. Of course, we can help you do all of this online–read on to learn more.
Filling Out an Aircraft Transfer of Ownership Using Our Forms
If you are ready to transfer the ownership of your plane to a new party, there are a couple of ways in which you can do this. You can visit the FAA’s website, locate the forms you need, download the right PDFs, print them out, fill them out by hand, and mail them to the FAA for processing. You can also work with us at the National Aviation Center and complete this process with just a few clicks.
By clicking the “Transfer/Exchange” option on our side navigation, you will be brought to a streamlined, fillable form that allows you to easily transfer ownership of your aircraft. You will need the names and addresses of the buyer and seller, as well as the make, model, N-number, and serial number of the aircraft in question. You may also wish to include the sale price, for posterity.
Why Wait–Work with Us Today!
No matter what type of FAA documentation you need, we can help. We have web forms for all of your aviation paperwork needs. To learn more, visit our useful Frequently Asked Questions page, or take a few minutes to keep exploring our website.