Section 49.31

14 CFR Ch. I (1-1-19 Edition)

that the copy has been compared with
the original and that it is a true copy.

Section 49.35 Eligibility for recording: ownership requirements.

[Doc. No. 1996, 29 FR 6486, May 19, 1964, as
amended by Amdt. 49-1, 31 FR 4499, Mar. 17,
1966]

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.

Subpart C - Aircraft Ownership
and Encumbrances Against
Aircraft
Section 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.
Section 49.33 Eligibility for recording: general requirements.

spaschal on DSK3GDR082PROD with CFR

A conveyance is eligible for recording
under this subpart only if, in addition
to the requirements of SectionSection 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 an original document, or a
duplicate original document, or if neither the original nor a duplicate original of a document is available, a true
copy of an original document, certified
under Section 49.21;
(d) It affects aircraft registered under
49 U.S.C. 44101-44104; and
(e) It is accompanied by the recording fee required by Section 49.15, but there is
no fee for recording a conveyance
named in Section 49.31(b).
[Doc. No. 1996, 29 FR 6486, May 19, 1964, as
amended by Amdt. 49-1, 31 FR 4499, Mar. 17,
1966; Amdt. 49-10, 70 FR 246, Jan. 3, 2005]

Section 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.

Subpart
D - Encumbrances
Against Specifically Identified
Aircraft Engines and Propellers
Section 49.41

Applicability.

This subpart applies to the recording
of the following kinds of conveyances:
(a) Any lease, a notice of tax lien or
other lien (except a notice of Federal
tax lien referred to in Section 49.17(a)), and
any mortgage, equipment trust, contract of conditional sale, or other instrument executed for security purposes, which affects title to, or any interest in, any specifically identified
aircraft engine of 550 or more rated
takeoff horsepower, or the equivalent
of that horsepower, or a specifically
identified aircraft propeller capable of
absorbing 750 or more rated takeoff
shaft horsepower.
(b) An assignment or amendment of,
or supplement to, an instrument
named in paragraph (a) of this section.

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