8050 98-2025

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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) under OMB Control No. 2120-0042. It includes details on the information collection process, estimated reporting burden, and legal obligations of debtors and secured parties regarding aircraft mortgages. Additionally, it provides a privacy statement regarding the use of collected information and its compliance with federal regulations.

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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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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 is the FAA recording fee?

A recording fee of $5 is required for each engine or propeller described. The manufacturer, model, serial number, and horsepower (or its equivalent) of each engine and propeller must be shown.

How much is the FAA budget?

The fiscal 2025 Transportation-HUD appropriations bill approved by the Senate Appropriations Committee on July 25 would allow a total of $27.0 billion in total new funding for the Federal Aviation Administration in 2025, $1.9 billion more than last year and $236 million more than the House bill.

What is the purpose of an FAA notice?

If your organization is planning to sponsor any construction or alterations which may affect navigable airspace, you must file a Notice of Proposed Construction or Alteration (FAA Form 7460-1) either electronically via this website or manually with the FAA.

How to perfect a security interest in an airplane?

Common Ways to Perfect a Security Interest in Aircraft and Associated Aviation Assets Recording the Security Agreement with the FAA. Recording the Security Agreement Through Cape Town Convention Treaty. Recording/Filing a UCC-1 Financing Statement.

How much is it to register a drone with the FAA?

Part 107 registration costs $5 per drone and is valid for three (3) years.

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How much is the FAA written test?

Private Pilot License Cost Private Pilot RequirementsCosts FAA Private Pilot Written Test $175 FAA Medical Certificate $125 40 Flight Training Hours $7,000-$11,000 FAA Checkride $6502 more rows

What does deregistered aircraft mean?

Deregistered Aircraft An aircraft that has been removed from the U.S. Civil Aircraft Register at the owners request. Aircraft are generally removed for the following reasons: exported, destroyed, salvaged, dismantled, or permanently retired from service.

8050 98-2025

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