OMB Control No. 2120-0042 Exp. 0/3/2018 PRA Public Burden Statement: A federal agency may not conduct or sponsor, and a person is not required to respond to, nor shall a person be subject to a penalty for failure to comply with a collection of information subject to the requirements of the Paperwork Reduction Act unless that collection of information displays a currently valid OMB Control Number. The OMB Control Number for this information collection is 2120-0042. Public reporting for this collection of information is estimated to be approximately 30 minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, completing and reviewing the collection of information. All responses to this collection of information are required to show evidence of ownership to register an aircraft or hold an aircraft in trust in accordance with 14 CFR Part 47. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: Information Collection Clearance Officer, Federal Aviation Administration, 10101 Hillwood Parkway, Fort Worth, TX 76177-1524. AIRCRAFT BILL OF SALE INFORMATION PREPARATION: Prepare this form in duplicate. Except for signatures, all data should be type-written or printed. Signatures must be in ink. The name of the purchaser must be identical to the name of the applicant shown on the Aircraft Registration Application, AC Form 8050-1. When a trade name is shown as the purchaser or seller, the name of the individual owner or co-owners must be shown along with the trade name. If the aircraft was not purchased from the last registered owner, conveyances must be submitted completing the chain of ownership from the last registered owner, through all intervening owners, to the applicant. REGISTRATION AND RECORDING FEES: The fee for issuing a certificate of aircraft registration is $5.00. An additional fee of $5.00 is required when a conditional sales contract is submitted in lieu of bill of sale as evidence of ownership along with the application for aircraft registration ($5.00 for the issuance of the certificate, and $5.00 for recording the lien evidenced by the contract). The fee for recording a conveyance is $5.00 for each eligible piece of collateral listed thereon. (There is no fee for issuing a certificate of aircraft registration to a governmental unit or for recording a bill of sale that accompanies an application for aircraft registration and the proper registration fee.) MAILING INSTRUCTIONS: If this form is used, please mail the original or copy which has been signed in ink to FAA Aircraft Registration Brch, P.O. Box 25504, Oklahoma City, OK 73125-0504. AC Form 8050-2 (0/18) American LegalNet, Inc. www.FormsWorkFlow.com AIRCRAFT BILL OF SALE N SELLER ACKNOWLEDGMENT ORIGINAL: TO FAA American LegalNet, Inc. www.FormsWorkFlow.com AC Form 8050-2 (0/18) OMB Control No. 2120-0042 Exp. 0/3/2018 PRIVACY ACT OF 1974 (PL 93-579) requires that users of this form be informed of the authority which allows the solicitation of the information and whether disclosure of such information is mandatory or voluntary; the principal purpose for which the information is intended to be used; the routine uses which may be made of the information gathered; and the effects, if any, of not providing all or any part of the requested information. Title 49 U.S.C. 44101 requires the registration of each United State civil aircraft as a prerequisite to its operation. The applicant for registration must submit evidence of ownership that meets the requirements prescribed in Part 47 of the Federal Aviation Regulations. This form identifies the aircraft being purchased, and provides space for purchaser and seller identification and signature. This is intended only to be a suggested bill of sale form which meets the recording requirements of the Federal Aviation Act, and the regulations issued thereunder. In addition to these requirements, the form of bill of sale should be drafted in accordance with the pertinent provisions of local statutes and other applicable federal statutes. The following routine uses are made of the information gathered: (1)To support investigative efforts of investigation and law enforcement agencies of Federal,state, and foreign governments.(2)To serve as a repository of legal documents used by individuals and title search companiesto determine the ownership of an aircraft for registration purposes.(3)To provide aircraft owners and operators information about potential mechanical defects orunsafe conditions of their aircraft in the form of airworthiness directives.(4)To provide supporting information in court cases.(5)To serve as a data source for management information for production of summarydescriptive statistics and analytical studies in support of agency functions for which therecords are collected and maintained.(6)To respond to general requests from the aviation community or the public for statisticalinformation under the Freedom of Information Act or to locate specific individuals or specificaircraft for accident investigation, violation, or other safety related requirements.(7)To provide data for the automated aircraft registration master file.(8)To provide documents for development of the aircraft registration statistical system.(9)To prepare an aircraft register in electronic media as required by ICAO agreement containinginformation on aircraft owners by name, address, N-Number, and type aircraft, used forinternal FAA safety program purposes and also available to the public (individuals, aviationorganizations, direct mail advertisers, state and local governments, etc.) upon payment ofapplicable user charges reimbursing the Federal Government for its costs.(10)The aircraft records maintained by the FAA Aircraft Registry are public records and are openfor inspection in room 122 of the Registry Building, Mike Monroney Aeronautical Center,6425 S. Denning, Oklahoma City, Oklahoma 73169. Individuals interested in suchinformation may make a personal search of the records or may avail themselves of theservices of a company or an attorney. American LegalNet, Inc. www.FormsWorkFlow.com