8050 98-2026

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The document outlines the requirements and procedures for recording a security interest in aircraft, engines, propellers, and spare parts as mandated by the Federal Aviation Administration (FAA). It includes details on the necessary information collection under OMB Control No. 2120-0042, the estimated public reporting burden, and the legal implications of defaulting on payments related to the secured interest. Additionally, it provides privacy statements regarding the use of collected information and emphasizes compliance with local laws.

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Click ‘Get Form’ to open the 8050 98 in the editor.
Begin by entering the 'Name & Address of Debtor' in the designated fields. Ensure that all information is accurate and complete.
Next, fill in the 'Name & Address of Secured Party/Assignor'. This section is crucial for identifying who holds the security interest.
In the 'Aircraft Description' section, provide details such as FAA registration number, manufacturer, model, and serial number. Make sure these details match official records.
Complete the sections for engines and propellers if applicable. Include manufacturer, model, and serial numbers as required.
Fill out the financial details regarding the promissory note including date, sum, interest rate, and payment schedule. Be precise to avoid any discrepancies.
Finally, ensure all signatures are completed where indicated. If necessary, include acknowledgments as per local law requirements.

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Versions	Form popularity	Fillable & printable
2021	4.8 Satisfied (162 Votes)
2012	4.3 Satisfied (49 Votes)
2006	4.3 Satisfied (173 Votes)

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much does it cost to block a tail number?

Actually, Ive blocked my aircraft via the NBAA BARR program at the ASDI level. That means that every flight tracking vendor (FlightAware, FBOweb, FltPlan, etc.) is required to block the tail number from public view. Theres no charge to have a tail number blocked.

How do you prove ownership of an airplane?

Evidence of ownership can either be an Aircraft Bill of Sale ( AC Form 8050-2) or a conditional sales contract.

Who owns tail number N347M?

N347M (1981 BEECH A36TC owned by JAM ZOOM YAYOS LLC) Aircraft Registration - FlightAware.

How much does it cost to change the tail number?

Aircraft serial number. Current U.S. registration number. Your telephone number mailing address. $10 check or money order for the assignment fee.

Can I change my tail number?

Changing N Numbers So, youve reserved the N number you want and have your receipt now, you are free to change your aircrafts registration number! To do so, youll need to send a letter to the FAA (typed or printed) that includes: Name of the aircrafts manufacturer. Aircraft model designation.

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How to perfect a security interest in an airplane?

Perfecting Your Interests Prepare and file an original of the aircraft mortgage/ security agreement that identifies the aircraft and owner. If applicable, register an international interest on the International Registry; and. Out of an abundance of caution, file a UCC-1 financing statement.

Can you have a custom tail number?

You can pick your tail number assuming its not already taken. Youll notice a lot of airlines end their tail number with either their two letter airline code or an iteration of such and sometimes the numbers are part of the aircraft ship number to keep things simple.

What is form 8050?

Purpose of Form. File Form 8050 to request that the IRS deposit a corporate income tax refund (including a refund of $1 million or more) directly into an account at any U.S. bank or other financial institution (such as a mutual fund or brokerage firm) that accepts direct deposits.