Archive for Aircraft

TUE and PUE: Closing the Gap between the FAA and IR

In previous blogs we have discussed the paperwork gaps that can occur around aviation escrow transactions and how Wright Brothers helps to Close the Gaps, whether between the time you pay for an aircraft and the time the necessary documents are filed with the Federal Aviation Authority (FAA), or between documentation  Filing and Recording  at the FAA.

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What is the IR’s position on Titles?

They don’t have one. The International Registry (IR) is a notice-based registry only. You can register an interest at the IR, but it is only an electronic filing designed to tell you that an interest exists somewhere in the world. To find the actual interest, you must go to the country where the interest was […]

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The Importance of Consent and Joinder Language in Aircraft Purchase Agreements

In the 15+ years we’ve been in business, we have witnessed the good, the bad, and the ugly when it comes to private aircraft purchases and sales. Whenever possible, we like to share experiences with our customers and readers to prevent you from having an unpleasant transaction. Prior to preparing a sales agreement, there will […]

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Meet The Wright Brothers Team – Gabrielle Stephens

The team at Wright Brothers Aircraft Title is a talented group who work with aircraft owners on their aircraft registration needs. Gabrielle Stephens is a member of this team. She’s an Escrow Agent with Wright Brothers Aircraft Title, and you’ll see that her current responsibilities and past experiences give her everything she needs to provide […]

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If the FAA says I Own My Aircraft, do I Really?

Not necessarily. Here’s why. Philko Aviation, Inc. v. Shacket United States Supreme Court 462 U.S. 406 (1983) This is a great example of aircraft ownership and the role of the FAA in sales transactions. In this case, a shady character, Roger Smith, sold an aircraft to the Shackets. Smith provided the aircraft and a photocopy […]

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The FAA’s Position on Aircraft Titles

The civil aviation industry relies on the FAA for plenty of things, including information, certification, and training. While the FAA provides a plethora of resources, it’s important to understand how they handle documentation. Specifically, what is their position on aircraft titles? The answer, quite simply, is they don’t have one. Aircraft owners, purchasers, and sellers […]

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Why Bother with a Title Search

I got a call once from a man who was about to board a plane to Nashville to buy a plane from a guy he had never met. He was experiencing sudden cold feet, wondering if the man he was about to meet really owned the plane, had the right to sell it, or owed […]

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Escrow – Born in a Pool Hall

I saw this great aircraft for sale online, so I contacted the seller.  He seemed like a nice guy and the aircraft was exactly what I wanted, so I mailed him a check.  I haven’t heard a word since. Have you ever heard a story like this?  They are more common than one might think.  […]

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