Are you interested in purchasing or selling an airplane? If so, the Aircraft Bill of Sale is a document that will be important for you. It contains all the necessary information about the transfer of ownership of the aircraft from one person to another.
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Aircraft Bill of Sale Form Template (Airplane) in PDF
1. Home » All Bill of Sales » Aircraft Bill of Sale Form Template (Airplane) in PDF
Aircraft Bill of Sale Form Template
(Airplane) in PDF
by William / June 5, 2023
Are you interested in purchasing or selling an airplane? If so, the Aircraft Bill of Sale is a
document that will be important for you. It contains all the necessary information about the
transfer of ownership of the aircraft from one person to another.
Printable Aircraft Bill of Sale Form
The Airplane Bill of Sale is a legally required document that must be submitted to the Federal
Aviation Authorities of the United States, in compliance with the FAA. In this article, we will
comprehensively address all the relevant information about the Airplane Bill of Sale, aiming to
provide guidance to our readers.
Table of Contents
1. Printable Aircraft Bill of Sale Form
1.1. Bill of Sale Aircraft
1.2. Bill of Sale form for Aircraft
1.2.1. Step 1: Negotiate the Price of the Plane with the Seller
1.2.2. Step 2: Set the Final Sale Amount and Complete the Bill of Sale
1.2.3. Step 3: Conduct the Final Inspection of the Airplane and Finalize the Deal
1.2.4. Step 4: Register the Sale of the Plane with the FAA
1.2.5. FAQs of Aircraft Bill of Sale Form
1.2.5.1. What is an Aircraft Bill of Sale form?
1.2.5.2. Why is an Aircraft Bill of Sale necessary?
1.2.5.3. Who needs to fill out the Aircraft Bill of Sale form?
1.2.5.4. What information is typically included in an Aircraft Bill of Sale form?
1.2.5.5. Are there any specific requirements or regulations for an Aircrafts Bill of Sale form?
1.2.5.6. Can I use a generic Bill of Sale form for selling an aircraft?
1.2.5.7. Where can I obtain an Aircraft Bill of Sale form?
3. Selling an airplane or aircraft is not a common transaction, as these vehicles fall under the
jurisdiction of the FAA. It is crucial to provide all the necessary details to the relevant authorities
in accordance with the FAA regulations when selling an airplane. To establish the change of
ownership of the aircraft, you can utilize the Airplane Bill of Sale as a legal document.
4. PDF
How to Submit an Airplane Bill of Sale?
The process of filing an Airplane Bill of Sale with the FAA involves several steps. Fortunately, we
have prepared a standardized template for the Airplane Bill of Sale to assist our readers in
completing this procedure conveniently.
Bill of Sale form for Aircraft
Therefore, there is no need to search elsewhere for the airplane bill of sale template, as we
provide it here. Additionally, we offer a stepbystep guide to help readers with the filing process
for the airplane bill of sale. This guide aims to simplify the understanding of the entire procedure
involved in submitting the bill of sale for an airplane.
5. PDF
Step 1: Negotiate the Price of the Plane with the Seller
Negotiation is the initial step in any sale agreement. The buyer must engage in discussions with
the seller to reach a final price for the airplane. It is important for the buyer to clarify other terms
of the sale, such as the refund policy.
Step 2: Set the Final Sale Amount and Complete the Bill of Sale
Once both the buyer and seller agree on a specific selling price for the airplane, they need to fill
out the bill of sale form. It is essential that the seller completes this form in the presence of the
buyer, ensuring alignment on all mutually agreedupon points. The seller must complete two
copies of the bill, with one copy to be submitted to the FAA. The following information must be
provided in the bill of sale:
Date of the airplane sale
Basic details of the airplane, including the model year, manufacturing date, and name of the
manufacturing company
Full name and address of the buyer
Full name and address of the seller
Final sale amount
Date of transferring possession of the airplane
6. Location or province where the sale transaction is taking place
Step 3: Conduct the Final Inspection of the Airplane and Finalize the
Deal
After the seller and buyer have duly completed the bill of sale, the buyer should conduct a final
inspection of the airplane. This inspection serves as a final check before the sale is finalized.
Once the buyer ensures that all details of the airplane are satisfactory, they can proceed to the
final step.
Step 4: Register the Sale of the Plane with the FAA
This final step legally recognizes the sale of the airplane. The buyer must register the plane with
the FAA immediately after completing the final bill of sale. The required form for registration is AC
Form 80501, which needs to be filed with the Federal Aviation Agency. Legal fees for registration
are approximately $5 and may vary by state.
7. PDF
By following these steps, the completion of the airplane bill of sale will obtain legal recognition.
We are confident that this article will be a valuable resource for all our readers during the process
of buying or selling an airplane.
FAQs of Aircraft Bill of Sale Form
What is an Aircraft Bill of Sale form?
An Aircraft Bill of Sale form is a legal document used to transfer ownership of an aircraft from one
party (the seller) to another party (the buyer). It outlines the terms of the sale and includes
important details about the aircraft and the parties involved in the transaction.
Why is an Aircraft Bill of Sale necessary?
An Aircraft Bill of Sale is necessary to establish a clear transfer of ownership for an aircraft. It
serves as a legal document that protects the rights and interests of both the buyer and the seller.
It provides evidence of the transaction and helps ensure a smooth transfer of ownership.
Who needs to fill out the Aircraft Bill of Sale form?
Both the seller and the buyer of an aircraft need to complete the Aircraft Bill of Sale form. The
seller fills out the necessary information about the aircraft, while the buyer provides their details
and acknowledges the terms of the sale. It is important that both parties review and agree upon
the contents of the form before signing it.
What information is typically included in an Aircraft Bill of Sale form?
8. An Aircraft Bill of Sale form usually includes the following information:
Details of the aircraft (e.g., make, model, serial number, registration number)
Names and addresses of the seller and the buyer
Purchase price or agreedupon value of the aircraft
Date of the sale
Terms and conditions of the sale, including any warranties or guarantees
Signatures of the seller and the buyer, along with the date of signing
Are there any specific requirements or regulations for an Aircrafts Bill of Sale form?
The requirements and regulations for an Aircraft Bill of Sale form may vary depending on the
jurisdiction and the governing aviation authorities. It is essential to ensure compliance with the
relevant laws and regulations specific to the country or region where the sale takes place.
Consulting legal professionals or aviation authorities can provide guidance on specific
requirements.
Can I use a generic Bill of Sale form for selling an aircraft?
While a generic Bill of Sale form may cover basic sale transactions, its highly recommended to
use a specialized Aircraft Bill of Sale form for selling an aircraft. Aircraft transactions involve
unique considerations, such as registration requirements, aviation regulations, and specific
details about the aircraft. Using a dedicated Aircraft Bill of Sale form ensures that all necessary
information and legal aspects properly addressed.
Where can I obtain an Aircraft Bill of Sale form?
An Aircrafts Bill of Sale form can obtained from various sources, including aviation authorities,
legal service providers, or online platforms. It is important to ensure that the form obtained is up
todate, compliant with the relevant regulations, and suitable for use in the specific jurisdiction
where the transaction occurs.
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PRINTABLE AIRCRAFT BILL OF SALE FORM
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