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Need help filing your security agreement form in order to establish evidence in regard to a particular security interest? Well, should that be the case, then we’re here to help you out. Filing For a Security Agreement Form Among the many other forms relevant to the Federal Aviation Administration, the security agreement form will allow…
The dream of owning your own airplane is one you have had from a young age. Planes have always fascinated you, and you spent all the necessary time logging hours, learning to fly, and getting your pilot’s license. Now the time has come for you to invest in a plane that you can take out…
It is no secret that your average person is not someone that is going to be the owner of a private plane or a business that makes use of aircraft. Purchasing a plane takes time, effort, and you need to have money behind you to make the deal happen. For most people, the agreement is…
Just like it is when you are buying something like a new home when you are purchasing an airplane you know there is going to be a lot of paperwork involved. Since most people do not have the money to just pay outright for something like an airplane, there is likely going to be a…
When you want to become the proud owner of a plane, you need to have a large amount of money to offer the seller. Most often, you will not be able to find this sum down the back of the couch, and instead will need to offer some form of collateral. In many cases, the…
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…
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…
An aircraft security agreement is the typical form of a security document over an aircraft. It must be signed (or authenticated) by the parties to the agreement, contain a description of the collateral, and make clear that a security interest is intended. The aircraft security agreement seeks to create an interest in the airframe or…
Buying an airplane is not a cheap investment, and many owners have to take out loans and mortgages in order to get the money to buy the plane in the first place. To make sure that their loans are fully secure, most lenders will require that the owner submit a type of document known as…
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,…