Like other assets you might own, your plane can be used as collateral in loans, deals, agreements, and the like. However, since this one in particular is registered with the Federal Aviation Administration it will be a good idea to document every claim over the plane in an official capacity. This will be what a…
Category: Aircraft Security Agreement
Requirements for Filing Out Form 8050-98
There are countless different forms that aircraft owners have to deal with in relation to their planes, their financial standing, and their registration with the Federal Aviation Administration. Because of this, there might often be a lot of confusion in regards to some of the more specific ones. They each come with their own requirements,…
Aircraft Online Security Code and What to Watch For
When you first hear about it, the “aircraft online security code” sounds great. It sounds like the kind of thing that only certain pilots get assigned as if only the lucky, chosen few get the opportunity to have an aircraft online security code. This security code can be quite helpful, but there are also times…
Following Proper Protocol
Flying an airplane is an exhilarating experience, and liberating. However, it is also important to remember the safety measures which need to be taken, no matter how experienced of a plane owner or pilot you are. Aircraft security should never be forgotten about, and it’s important to fully know and understand your aircraft if you…
Beyond Air craft Airworthiness Certificate
An air craft airworthiness certificate is what it sounds like: a Federal Aviation Association document that gives authorization for someone to operate an aircraft while it’s flying. You can get one of these certificates if you are the registered owner of an aircraft or if you’re an owner’s agent. That being said, there are two kinds…
You Need a Plane Security Agreement
Owning an airplane for personal use or for your business is a significant investment. Some may compare to purchasing a car or even a boat, but the truth is that buying an airplane is a bigger deal. Often the costs are much more than anything else you will buy in your lifetime, perhaps even more…
Recording A Security Agreement
If you would like to record a security agreement there are a few things you must fill in to do so before it it is sent to the Aircraft Registration Branch. Your security agreement, according to the FAA must give the names of the parties on the agreement as well as contain words that state…
Airplane Airworthiness Certificate: Staying Afloat
At the National Aviation Center, we make it so that you can register your aircraft easily. When you have to renew this registration or re-register it, you can do so simply at our site. We know that many of these forms sound similar, but they aren’t the same thing. For example, even knowledgeable airplane owners…