Some people may decide they want to purchase an aircraft so that they can use it for personal travel or to fly themselves. Others may want one for part of their business, as either the primary focus for their business or as a tool to be used. Whatever your situation may be, you know that when you first start looking at airplanes to buy that whichever you choose is going to be a significant investment for you. Many people turn to the secondary market so that they can save some money on the deal, but if you are planning to do this you need to know that there is an essential step you may want to take first. Requesting an airplane abstract of title can help save you from potential headaches down the road.
Avoiding Problems with an Airplane Purchase
Jumping right in and agreeing to a deal for an airplane without performing any due diligence is an unwise move to make. You may sign a contract and spend a lot of money on a plane that has background issues like liens from other financial institutions or from mechanics or vendors that are owed money for work done. Your initial purchase was expensive, but now suddenly you are going to need to lay out even more money to fix the problems that have been passed along to you. With a simple step involving and abstract, you can avoid difficulties like this.
The Abstract is a Big Help
An airplane abstract of title will be a big help to you. It is worth it for you to get the paperwork and fill it out, but you also need to know the best way for you to go about doing this. The request needs to be filed with the Federal Aviation Administration (FAA), so you will need to get the application form from them and fill it out. You want to be careful when filling out the form so that you get everything correct the first time around. A mistake will cause the form to be returned to you, and you will need to resubmit it, potentially causing delays for you that can be disruptive.
Your Request for an Abstract
Here at the National Aviation Center, we have the best way for you to request an airplane abstract of title from the FAA. When you come to our website, you will see that we have the request form online so that you can fill it out electronically. We make sure to use advanced encryption and technology so you can be sure your information is safe and secure. We will examine your application to make sure it is complete and correct, and then send it to the FAA for you, so you do not have to deal with the process yourself. You will then get the abstract you want, either on paper or a CD as you can request so that you can look at the background of the plane in question and see if it is the best fit for you.