Ensure You're in Compliance to avoid losing your FAA Certificate! Individuals who fail to timely designate a U.S. agent for service to comply with FAA’s new rule may not exercise the privileges of their FAA certificate, rating, or authorization. If an aircraft owner fails to comply, the aircraft’s registration certificate will be considered ineffective.
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In aircraft purchase/sales transactions, there are considerable financial and legal risks for both the buyer and seller. This document is provided as a general guide to preparing an aircraft purchase/sales agreement.
