THE FOLLOWING ARE HELPFUL LINKS
The aircraft mortgage filing process is essential to obtaining financing for aircraft purchases and refinancing. When a lender lends money for an aircraft, the filing of the mortgage creates a legal interest in the aircraft as collateral. The lender is protected, and there is transparency in the official aviation records. Aircraft owners, lenders, and investors…
The de-Registration of an Aircraft typically takes place when an Aircraft is sold overseas, permanently withdrawn from service or transferred to another Registry. It removes an aircraft from the FAA Civil Aircraft Registry and terminates its legal status as a U.S.-registered aircraft. This process ensures that the aircraft is no longer associated with U.S. registration…
The mortgage a crucial step to complete the lifecycle of Aircraft Financing. A Release of Mortgage is an official document that states that the loan on an aircraft has been discharged in full and that the lender has no further secured interest in the aircraft. For owners of an aircraft, it is just as important…
The first and foremost step of having any legal rights and powers to operate an aircraft is Initial Registration. Initial Registration is when an aircraft is entered into the official registry and approved for use. For new aircraft owners, this procedure marks the switch from buy to legal to fly. An aircraft must be registered…
The process of Aircraft Re-Registration may be required to enable aircraft owners to operate the aircraft lawfully. Aircraft Re-Registration is a requirement that arises due to changes in conditions or if a prior registration was rendered invalid. Although often confused, re-registration and renewal are not the same and apply in different situations. This essential distinction…
An Aircraft Mortgage is a loan that is secured by an aircraft and will use an aircraft. An aircraft mortgage is necessary for lenders to protect their financial interests. It also allows buyers to acquire an aircraft without paying the entire amount upfront. Aircraft financing typically makes ownership a reality for private owners, operators, and…
Aircraft Claim of Lien refers to a legal claim against an aircraft owner’s interest in an aircraft. A creditor may file an Aircraft Claim of Lien to record an interest in an aircraft for a debt or obligation. Owners, buyers, lenders, and maintenance providers must understand liens to avoid aircraft operational disputes and delays. In…
Every aircraft owner in the United States is tasked with the renewal of their aircraft registration. Aircraft Registration Renewal is an official process in which authorization is renewed for an aircraft to operate. An aircraft without a valid registration may be grounded, have no insured coverage, and may have compliance issues. Private owners, operators and…
You must initially register your aircraft through a procedure to operate your aircraft in the United States. All aircraft owners must register aircraft with the Federal Aviation Administration (FAA) before flight. Air safety and regulatory compliance have stewardship, accountability, and oversight. Whether you buy, import, or build aircraft, you will need to apply toward your…
One of the most important aircraft documents is the Airworthiness Certificate. The certification by the FAA that the aircraft meets the required safety standards to be deemed.Airworthy and that it is therefore permitted to operate in the airspace of the United States. Owners of small aircraft and airlines that own and operate commercial aircraft fleets…