1025
Federal Aviation Administration, DOT
§ 49.37
from the conveyance, the holder shall
execute a release on AC Form 8050–41,
Part II—Release, provided to him by
the FAA when the conveyance was re-
corded by the FAA, or its equivalent,
and shall send it to the FAA Aircraft
Registry for recording. If the debt is se-
cured by more than one aircraft and all
of the collateral is released, the collat-
eral need not be described in detail in
the release. However, the original con-
veyance must be clearly described in
enough detail to identify it, including
its date, the names of the parties, the
date of FAA recording, and the re-
corded conveyance number.
(6) A contract of conditional sale, as
defined in 49 U.S.C. 40102(a)(18), must
be signed by all parties to the contract.
[Doc. No. 1996, 29 FR 6486, May 19, 1964, as
amended by Amdt. 49–1, 31 FR 4499, Mar. 17,
1966; Amdt. 49–9, 53 FR 1915, Jan. 25, 1988;
Amdt. 49–10, 70 FR 246, Jan. 3, 2005]
§ 49.19
Effective date of filing for rec-
ordation.
A conveyance is filed for recordation
upon the date and at the time it is re-
ceived by the FAA Aircraft Registry.
§ 49.21
Return of original conveyance.
If a person submitting a conveyance
for recording wants the original re-
turned to him, he must submit a true
copy with the original. After recording,
the copy is kept by the FAA and the
original is returned to the applicant
stamped with the date and time of re-
cording. The copy must be imprinted
on paper permanent in nature, includ-
ing dates, and signatures, to which is
attached a certificate of the person
submitting the conveyance stating
that the copy has been compared with
the original and that it is a true copy.
[Doc. No. 1996, 29 FR 6486, May 19, 1964, as
amended by Amdt. 49–1, 31 FR 4499, Mar. 17,
1966]
Subpart C—Aircraft Ownership
and Encumbrances Against
Aircraft
§ 49.31
Applicability.
This subpart applies to the recording
of the following kinds of conveyances:
(a) A bill of sale, contract of condi-
tional 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 instru-
ment 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: gen-
eral 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 num-
ber, 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 nei-
ther the original nor a duplicate origi-
nal of a document is available, a true
copy of an original document, certified
under § 49.21;
(d) It affects aircraft registered under
49 U.S.C. 44101–44104; and
(e) It is accompanied by the record-
ing fee required by § 49.15, but there is
no fee for recording a conveyance
named in § 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]
§ 49.35
Eligibility for recording: owner-
ship requirements.
If the seller of an aircraft is not
shown on the records of the FAA as the
owner of the aircraft, a conveyance, in-
cluding a contract of conditional sale,
submitted for recording under this sub-
part must be accompanied by bills of
sale or similar documents showing con-
secutive transfers from the last reg-
istered owner, through each inter-
vening owner, to the seller.
§ 49.37
Claims for salvage or extraor-
dinary expenses.
The right to a charge arising out of a
claim for compensation for salvage of
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