Aircraft (Airplane) Bill of Sale Form Create Aircraft (Airplane) Bill of Sale Form

Aircraft (Airplane) Bill of Sale Form

Updated Mar 11, 2026 8 Downloads

An Aircraft Bill of Sale Form is a legal document that evidences the transfer of ownership of an airplane from seller to buyer.

Create Aircraft (Airplane) Bill of Sale Form

Seller Full Name

Provide the Seller's full legal name as it appears on official documents, including first name, middle name (if applicable), and last name. For example, if the Seller's name is John Michael Doe, that is how it should be written. This information is important as it identifies the Seller in the legal transaction and ensures that all agreements are valid and enforceable.

Start typing to see address suggestions

Provide the full address of the seller, including the street number, street name, city, state, and zip code. For example, "123 Main St, Springfield, IL 62701." This information is important for identifying the seller in any legal agreements and ensuring there are no disputes about the property's ownership.

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What is an Aircraft (Airplane) Bill of Sale Form?

An Aircraft (Airplane) Bill of Sale Form is a legal document that formally records the transfer of ownership of an aircraft from a seller to a buyer. This crucial instrument serves as proof of purchase and is essential for establishing legal title to the aircraft. It is primarily used by individuals, corporations, and other entities involved in the buying and selling of airplanes, helicopters, and other types of aircraft. The document facilitates the change of ownership records with federal aviation authorities, ensuring that the new owner is properly registered and recognized.

Legal Requirements and Validity

For an aircraft bill of sale to be legally valid and effective, particularly for purposes of federal registration, it must adhere to specific requirements. While the Federal Aviation Administration (FAA) provides a standardized form (AC Form 8050-2), parties can also use their own custom forms, provided they meet the minimum informational criteria. Proper execution of this document is paramount for ensuring a clear chain of title and avoiding future disputes regarding ownership.

Key aspects contributing to the legal validity of an aircraft bill of sale include:

  • Identification of Parties - The full legal names and addresses of both the seller (grantor) and the buyer (grantee) must be clearly stated on the document.
  • Aircraft Identification - The aircraft must be uniquely identified by its N-number (registration number), make, model, and serial number. This ensures there is no ambiguity about which specific aircraft is being transferred.
  • Consideration - The purchase price or other valuable consideration exchanged for the aircraft must be specified. This confirms that a legitimate transaction has occurred.
  • Date of Sale - The precise date on which the ownership transfer takes place is a critical element for determining the effective date of the sale and for FAA registration timelines.
  • Seller's Signature - The signature of the seller is mandatory to signify their intent to transfer ownership. In some cases, a corporate officer or authorized agent may sign on behalf of an entity.
  • Delivery of Possession - While not explicitly part of the form, the physical transfer of the aircraft and its related documents (logbooks, airworthiness certificates) is an essential component of the overall transaction.

Rights and Obligations of Parties Involved

The aircraft bill of sale delineates the rights and obligations of both the seller and the buyer, creating a legally binding agreement between them. Understanding these responsibilities helps ensure a smooth and compliant transaction.

The seller typically assumes several key obligations:

  • Clear Title Delivery - The seller is generally obligated to deliver clear title to the aircraft, meaning it is free from undisclosed liens, encumbrances, or other claims that would impair the buyer's ownership.
  • Aircraft as Described - The aircraft must be delivered in the condition represented during the sale process, particularly if any warranties (express or implied) are made.
  • Provision of Documentation - The seller must provide all necessary documentation, including the executed aircraft bill of sale, aircraft logbooks, airworthiness certificates, and any other relevant maintenance or operational records.
  • Disclosure of Known Defects - While many aircraft are sold "as-is," sellers typically have an obligation to disclose known material defects that could affect the aircraft's airworthiness or value, especially if they are not readily apparent.

The buyer also undertakes specific responsibilities and gains certain rights:

  • Payment of Purchase Price - The buyer is obligated to pay the agreed-upon purchase price according to the terms specified in the sale agreement.
  • Due Diligence - Buyers have the right and responsibility to conduct thorough pre-purchase inspections and due diligence on the aircraft and its records before completing the purchase.
  • FAA Registration - Upon acquiring the aircraft, the buyer is responsible for promptly filing the aircraft bill of sale with the FAA Aircraft Registry in Oklahoma City to officially transfer ownership and register the aircraft in their name.
  • Assumption of Risk - Once ownership is transferred, the buyer generally assumes the risks associated with the aircraft, particularly in an "as-is" sale.

How to Complete an Aircraft (Airplane) Bill of Sale Form

Completing an Aircraft Bill of Sale Form, such as the FAA's AC Form 8050-2, requires careful attention to detail to ensure accuracy and compliance with federal regulations. The process involves several key steps to accurately reflect the transaction and facilitate the transfer of ownership.

  1. Gather Aircraft Identification Details - Begin by accurately collecting all identifying information for the aircraft. This includes the unique N-number (registration number), the aircraft's make (manufacturer), model designation, and the complete serial number. These details are crucial for the FAA to correctly identify the specific aircraft being transferred and ensure proper recordation.
  2. Identify Seller and Buyer Information - Enter the full legal name and current mailing address for both the seller(s) and the buyer(s). For corporate entities, include the full legal name of the corporation and its principal address. Ensuring this information is precise prevents ambiguity regarding the parties involved in the transaction.
  3. Specify the Purchase Price and Date of Sale - Clearly state the total monetary amount or other valuable consideration exchanged for the aircraft. The bill of sale should also include the exact date on which the transaction occurred, which is vital for establishing the effective date of ownership transfer and subsequent FAA filing deadlines.
  4. Include Terms and Conditions (if applicable) - While the standard FAA form is concise, if using a custom form, include any specific terms or conditions agreed upon, such as an "as-is" clause that explicitly states the buyer is purchasing the aircraft in its current condition without warranties. This protects the seller from future claims regarding the aircraft's state.
  5. Execute Signatures of the Seller(s) - The seller(s) must sign the aircraft bill of sale. If there are multiple sellers or if the seller is a corporation, all necessary parties or an authorized corporate officer must sign. The signature confirms the seller's intent to convey title and is a fundamental requirement for the document's validity.
  6. Consider Notarization (Recommended) - Although the FAA does not strictly require notarization for its standard bill of sale form for registration purposes, it is highly recommended. Notarization adds an extra layer of legal authenticity, verifying the identity of the signatory and the date of signature, which can be beneficial in resolving potential disputes or for lender requirements.
  7. File with the FAA Aircraft Registry - After completion, the original executed aircraft bill of sale must be sent to the FAA Aircraft Registry in Oklahoma City, Oklahoma. This crucial step officially records the change of ownership and allows the buyer to register the aircraft in their name, typically within 20 days of the purchase date.

Required Elements of a Valid Aircraft (Airplane) Bill of Sale Form

To ensure an aircraft bill of sale is legally sound and accepted by the Federal Aviation Administration for registration purposes, it must contain several essential elements:

  • Aircraft N-Number - The unique registration number assigned by the FAA, critical for identifying the specific aircraft.
  • Aircraft Make and Model - The manufacturer and specific model designation of the aircraft (e.g., Cessna 172, Piper PA-28).
  • Aircraft Serial Number - The unique serial number assigned by the manufacturer, which further distinguishes the aircraft.
  • Full Legal Name and Address of Seller - Complete identifying information for the current owner transferring the aircraft.
  • Full Legal Name and Address of Buyer - Complete identifying information for the new owner acquiring the aircraft.
  • Date of Sale - The specific calendar date on which the ownership transfer officially occurred.
  • Purchase Price (Consideration) - The agreed-upon monetary amount or other value exchanged for the aircraft.
  • Seller's Signature - The legally binding signature of the seller, or an authorized representative, confirming the transfer of ownership.

Applicable Federal and State Laws

The sale and transfer of aircraft ownership are subject to a complex interplay of federal and, to a lesser extent, state laws. Federal regulations primarily govern aircraft registration and title, while state laws often address contractual aspects and taxation.

Several federal laws govern the registration and transfer of aircraft:

  • Federal Aviation Act of 1958 (as amended) - This foundational act establishes the Federal Aviation Administration (FAA) and grants it broad authority over civil aviation, including the registration of aircraft (49 U.S.C. § 44101 et seq.).
  • Aircraft Registration Requirements - Detailed regulations outlining the specific information and procedures required for registering an aircraft with the FAA Civil Aircraft Register (14 CFR Part 47).
  • Aircraft Recordation System - Governs the recording of ownership interests, security interests, and other encumbrances against aircraft with the FAA Aircraft Registry, establishing a system of notice for potential creditors and buyers (49 U.S.C. § 44107).
  • International Registry for Mobile Assets (Cape Town Convention) - For certain categories of aircraft, particularly larger, more valuable assets, transactions may also be subject to the international regime for the registration of interests in mobile equipment, which helps secure creditors' rights globally.

State-specific regulations also play a role in certain aspects of aircraft sales:

  • Uniform Commercial Code (UCC) Article 2, Sales - This model law, adopted in various forms by all U.S. states, governs the sale of goods, including general contract principles, warranties, and remedies for breach of contract, which can apply to aircraft sales unless superseded by federal aviation law (UCC § 2-101 et seq.).
  • State Notary Public Laws - These laws dictate the requirements for the notarization of legal documents, which, while not always federally mandated for an aircraft bill of sale, may be required by lenders or for other state-specific purposes (varies by state statute).
  • State Sales and Use Tax Laws - Most states impose sales or use tax on the purchase of aircraft, requiring buyers to pay a percentage of the purchase price to the state, with specific exemptions sometimes available (varies by state statute).

Penalties for non-compliance with these laws can be significant. Failure to properly file an aircraft bill of sale with the FAA can result in the inability to legally operate the aircraft, difficulty in proving ownership, complications with obtaining financing or insurance, and potential fines. Additionally, failure to comply with state tax laws can lead to penalties, interest charges, and legal action by state authorities.

Frequently Asked Questions

The primary purpose is to legally document the transfer of ownership of an aircraft from a seller to a buyer. It serves as proof of purchase and is essential for registering the aircraft with the Federal Aviation Administration (FAA).
While not strictly mandatory in the sense that a custom bill of sale can be used, FAA Form AC 8050-2 is the standard and most commonly accepted document for recording aircraft ownership changes with the FAA Aircraft Registry. Using it ensures compliance with federal requirements.
The FAA does not federally mandate notarization for its standard bill of sale form for registration purposes. However, notarization is highly recommended for added legal validity and may be required by lenders, insurance companies, or specific state laws for other purposes.
The N-number is the unique registration number assigned to a civil aircraft in the United States by the FAA. It is crucial on the bill of sale because it precisely identifies the specific aircraft being transferred, preventing any confusion or ambiguity in ownership records.
Failure to file the Aircraft Bill of Sale with the FAA Aircraft Registry means the aircraft will not be legally registered in the new owner's name. This can lead to the inability to legally operate the aircraft, difficulty in proving ownership, and complications with financing, insurance, or future sales.
Yes, an aircraft can be sold "as-is," meaning the buyer accepts the aircraft in its current condition with all known and unknown defects. It is advisable to explicitly include an "as-is" clause on the bill of sale or in a separate purchase agreement to protect the seller.
The FAA recommends that the executed Aircraft Bill of Sale (and the new owner's Aircraft Registration Application, Form AC 8050-1) be submitted to the FAA Aircraft Registry within 20 days of the purchase date to ensure timely processing and proper recordation of ownership.
Yes, aircraft sales are typically subject to various federal and state taxes. This may include state sales or use taxes, which vary significantly by jurisdiction, and potentially federal excise taxes depending on the nature of the transaction and aircraft type.

Aircraft Bill of Sale Sampe

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AIRCRAFT BILL OF SALE

This Aircraft Bill of Sale and Purchase Agreement (the "Agreement") is entered into on (the "Effective Date"), by and between:

I. THE PARTIES

SELLER:
Name:
Address:
City: State: Zip:
Phone:
Email:

BUYER:
Name:
Address:
City: State: Zip:
Phone:
Email:

The Seller and Buyer may be referred to individually as a "Party" and collectively as the "Parties."

II. THE AIRCRAFT

The Seller agrees to sell, and the Buyer agrees to purchase, the following described aircraft, including all engines, propellers, avionics, appliances, parts, instruments, appurtenances, accessories, furnishings, and other equipment attached thereto or used in connection therewith (collectively, the "Aircraft"):

Airframe:
Manufacturer:
Model:
Serial Number:
FAA Registration Number: N-
Airframe Total Time (AFTT): Hours

Engine(s):
Manufacturer:
Model:
Serial Number (Left/Single):
Serial Number (Right):

Propeller(s):
Manufacturer:
Model:
Serial Number (Left/Single):
Serial Number (Right):

III. PURCHASE PRICE AND PAYMENT

The total purchase price for the Aircraft is Dollars ($) (the "Purchase Price").

The Buyer shall pay the Purchase Price as follows:

1. Deposit: A deposit of $ was paid on .

2. Balance: The remaining balance of $ shall be paid upon delivery of the Aircraft and execution of this Agreement.

The method of payment for the balance shall be:




IV. TITLE AND WARRANTY

The Seller represents and warrants to the Buyer that:

1. The Seller is the sole legal and beneficial owner of the Aircraft.
2. The Seller has full right, power, and authority to sell and transfer the Aircraft.
3. The Aircraft is sold free and clear of all liens, encumbrances, mortgages, security interests, and claims of any nature, EXCEPT for the following (if any):

The specific encumbrances or liens remaining on the Aircraft are:

4. The Seller will defend the title of the Aircraft against any and all claims and demands whatsoever.

V. INSPECTION AND CONDITION ("AS-IS")

EXCEPT FOR THE WARRANTY OF TITLE SET FORTH IN SECTION IV, THE AIRCRAFT IS SOLD "AS-IS, WHERE-IS," AND "WITH ALL FAULTS."

The Seller makes no representations or warranties, express or implied, regarding the Aircraft, including but not limited to:
1. The condition, airworthiness, design, operation, merchantability, or fitness for a particular purpose of the Aircraft;
2. The accuracy of the Aircraft's logbooks or maintenance records; or
3. The Aircraft's compliance with any statutes, laws, or regulations, including Federal Aviation Administration (FAA) regulations.

The Buyer acknowledges that they have had the opportunity to inspect the Aircraft and its records to their satisfaction or have waived such inspection.

VI. DELIVERY AND TRANSFER OF POSSESSION

Delivery of the Aircraft shall take place on , at the following location:

Airport Name/Identifier:
City: State:

Risk of loss or damage to the Aircraft shall pass from the Seller to the Buyer immediately upon delivery.

VII. AIRCRAFT RECORDS AND DOCUMENTATION

At the time of delivery, the Seller shall provide the Buyer with:
1. A fully executed FAA Bill of Sale (AC Form 8050-2).
2. All original airframe, engine, and propeller logbooks.
3. All flight manuals, weight and balance data, and equipment lists.
4. All other technical data and records in the Seller's possession relating to the Aircraft.

VIII. TAXES

The Buyer shall be solely responsible for the payment of any and all sales, use, personal property, or other taxes imposed by any federal, state, or local authority in connection with the transfer, purchase, or use of the Aircraft.

IX. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to its conflict of laws principles.

X. ENTIRE AGREEMENT AND MODIFICATION

This Agreement constitutes the entire understanding between the Parties with respect to the subject matter hereof and supersedes all prior negotiations, understandings, and agreements. This Agreement may only be amended by a written instrument signed by both Parties.

XI. SEVERABILITY

If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be stricken, and the remainder of the Agreement shall remain in full force and effect.

XII. NOTICES

Any notices required or permitted under this Agreement shall be in writing and delivered to the addresses set forth in Section I.

XIII. SIGNATURES

IN WITNESS WHEREOF, the Parties have executed this Aircraft Bill of Sale and Purchase Agreement as of the dates set forth below.

SELLER:
Signature: ________________________
Date:
Print Name: _______________

BUYER:
Signature: ________________________
Date:
Print Name: _______________

 

NOTARY ACKNOWLEDGMENT

State of
County of

On this , before me, the undersigned Notary Public, personally appeared _______________ (Seller) and _______________ (Buyer), known to me (or proved to me on the basis of satisfactory evidence) to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument the persons, or the entity upon behalf of which the persons acted, executed the instrument.

WITNESS my hand and official seal.

Signature: ________________________
Date:
Print Name:

(Seal)

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