Whenever someone provides any kind of storage, maintenance, repair, or similar services to an aircraft, they legally can assert a lien on that airplane, which means that they are retaining possession until they are paid for the services in question. This process by which a service provider can ensure proper payment is called an airplane…
Tag: plane claim of lien
Understanding The Plane Claim Of Lien Rules
When you are considering buying a new aircraft, you may be taken away by the idea of being transported in your very own plane, traveling through the skies and not having to pay a penny for airline tickets, substandard meals or poor service at the departure gate. Before you put down any money on a…
How to File an Airplane Claim of Lien
It is important to know about all of the liens and interests that exist on a piece of civil aircraft equipment. Be aware, as an existing lien on the desired airplane can halt a transaction and provide quite some trouble. Here you can find everything you need to know when recording or filing an airplane…
How to Properly File an Airplane Claim of Lien With Federal Aviation
An airplane claim of lien is the process by which a service provider can ensure proper payment. When someone is providing storage, maintenance, repair, or other services to an aircraft, they have the ability to assert a lien on that airplane, retaining possession until they are paid for the services in question. Now, the lien…
Don’t Forget This When Applying For an Aircraft Claim of Lien
For those who provide services to aircraft, there’s a document that will be important to keep in mind. This is the aircraft claim of lien, and you’ll want to remember a few things when submitting an application for one. Here’s how to File a Proper Aircraft Claim of Lien When someone provides any sort of…