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N-REG aircraft registering

WHO IS THE OWNER OF THE AIRCRAFT?

N-REG aircraft registering

FAR 47-5 – Applicants -Registering

(a) A person who wishes to register an aircraft in the United States must submit an Aircraft Registration Application, AC Form 8050–1 under this part.

(b) An aircraft may be registered only by and in the legal name of its owner.

(c) 49 U.S.C. 44103(c), provides that registration is not evidence of ownership of aircraft in any proceeding in which ownership by a particular person is in issue. The FAA does not issue any certificate of ownership or endorse any information with respect to ownership on a Certificate of Aircraft Registration, AC Form 8050–3. The FAA issues a Certificate of Aircraft Registration, AC Form 8050–3 to the person who appears to be the owner on the basis of the evidence of ownership submitted pursuant to §47.11 with the Aircraft Registration Application, or recorded at the Registry.

(d) In this part, “owner” includes a buyer in possession, a bailee, or a lessee of an aircraft under a contract of conditional sale, and the assignee of that person.


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