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what is an aircraft bill of sale such a document records the details of the transfer of an aircraft from a seller to a buyer this form officiates the sale of an airplane helicopter airship glider hot air balloon and more it provides both parties with a set of guarantees and is required by the federal aviation administration during the aircrafts registration process you can usually find an official aircraft bill of sale form provided by the faa on their official website it is also known as form ac 8050-2 why use an aircraft bill of sale if you are a buyer then you want to buy such a valuable and expensive vehicle as an aircraft with all the guarantees from the seller thats why bill of sale is an essential document that records the details of the deal also the document allows the buyer to properly register an airplane under the rules of the faa if you are a seller then you want the indicated price to be paid and to make sure that if the payment is divided into installments all pending