Archive for Title Search

Closing the Gap

The Role of an Aircraft Escrow Agent There are many paperwork “gaps” that can get in the way of you and your aircraft. In our previous blog, you learned about the gap that may occur between documentation Filing and Recording at the FAA. In this article, you’ll learn how gaps can occur during an aircraft […]

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Can’t I Handle My Own Aircraft Closing?

Legally, yes you can. But it would most likely be disastrous. Buying an aircraft is more complex than many other high-end purchases for which you seek the help of professionals, such as buying a home, a yacht, or perhaps even a business. Here are the three main components that make up an aircraft closing, and […]

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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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Clearing Clouded Aircraft Titles

There are quite a few circumstances that cause clouded aircraft titles. Any break in the chain of title can cause difficulties for owners when they try to buy, sell, or register their airplane. If the problems are overlooked, new owners inherit what the previous owner did not handle. Furthermore, lenders are often hesitant to finance […]

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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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