Collapse to view only § 49.35 - Eligibility for recording: ownership requirements.
- § 49.31 - Applicability.
- § 49.33 - Eligibility for recording: general requirements.
- § 49.35 - Eligibility for recording: ownership requirements.
- § 49.37 - Claims for salvage or extraordinary expenses.
§ 49.31 - Applicability.
This subpart applies to the recording of the following kinds of conveyances:
(a) A bill of sale, contract of conditional sale, assignment of an interest under a contract of conditional sale, mortgage, assignment of mortgage, lease, equipment trust, notice of tax lien or of other lien, or other instrument affecting title to, or any interest in, aircraft.
(b) A release, cancellation, discharge, or satisfaction of a conveyance named in paragraph (a) of this section.
§ 49.33 - Eligibility for recording: general requirements.
A conveyance is eligible for recording under this subpart only if, in addition to the requirements of §§ 49.11, 49.13, and 49.17, the following requirements are met:
(a) It is in a form prescribed by, or acceptable to, the Administrator for that kind of conveyance;
(b) It describes the aircraft by make and model, manufacturer's serial number, and United States registration number, or other detail that makes identification possible;
(c) It is a true copy of an original document, certified under § 49.21, or an original document or a duplicate original document;
(d) It affects aircraft registered under 49 U.S.C. 44101-44104; and
(e) It is accompanied by the recording fee required by § 49.15, but there is no fee for recording a conveyance named in § 49.31(b).
§ 49.35 - Eligibility for recording: ownership requirements.
If the seller of an aircraft is not shown on the records of the FAA as the owner of the aircraft, a conveyance, including a contract of conditional sale, submitted for recording under this subpart must be accompanied by bills of sale or similar documents showing consecutive transfers from the last registered owner, through each intervening owner, to the seller.
§ 49.37 - Claims for salvage or extraordinary expenses.
The right to a charge arising out of a claim for compensation for salvage of an aircraft or for extraordinary expenses indispensable for preserving the aircraft in operations terminated in a foreign country that is a party to the Convention on the International Recognition of Rights in Aircraft (4 U.S.T. 1830) may be noted on the FAA record by filing notice thereof with the FAA Aircraft Registry within three months after the date of termination of the salvage or preservation operations.