plane abstract of title

A Plane Abstract of Title is Essential Before Buying

More businesses today are looking into the possibilities of owning private aircraft to transport their executives, employees, and clients from one place to another. Using private planes can help cut travel costs and security concerns for your business, and they could be a wise investment for you. Naturally, you want to be cautious before you just jump in and pick up the first plane that catches your eye on the market. Buying an aircraft is a significant investment, and you want to be sure you spend your money wisely. You should take your time determining what planes suit your needs the most. Even then, getting a plane abstract of title regarding aircraft you are interested in can be a wise investment.

What an Abstract Can Tell You

Much like getting an abstract for a property, a home, or a boat, an abstract for a plane can supply you with some background information that can be helpful. While you may not get in-depth, specific details about the plane, the abstract will tell you things like when the aircraft was built, who the manufacturer is, what type of engine it contains, who the current owner is, the registration date, and more. You can also see if the registration is active at the moment or not. You can use this data to see if it matches up with what you have been told by the current owner or broker so you can see if there are any discrepancies you should be concerned about.

plane abstract of title

Filing for an Abstract

You get a plane abstract of title document from the FAA. There is paperwork that you need to fill out, and you will need the N-number from the plane so that it can be matched up in the system. There is also a fee that you need to pay when you file for the abstract. Once the application is approved by the FAA, they can send you the data. Many parties interested in information may apply for several abstracts at once, especially if you are trying to decide between different planes for sale. You will need to fill out a separate form for each plane you want an abstract of.

Getting an Abstract the Easy Way

If you want to get a plane abstract of title from the FAA, you can come to us at the National Aviation Center to get the assistance you need. We provide the application form online on our site so you can click on the link and have the form open immediately on your computer, tablet, or smartphone. Fill out your information and send it all to us using our secure system, and we can get the process rolling for you. We check your form to make sure it is filled out correctly before we send it to the FAA for you, helping you avoid potential delays so that you can get your information and determine which plane is best for your needs.