Notice of FAA final rule for re-registration/renewal of aircraft
Whether you own, manage, insure or finance aircraft you may have an interest in this overhaul of the FAA Civil Aircraft Registry.
The Federal Aviation Administration (FAA) has issued its final rule regarding the Re-registration and Renewal of U.S. registered aircraft. Due to the strict timeline, we wish to share this notice with you in a timely manner. The rule applies to currently registered aircraft.
You may locate a full copy of the FAA final rule online at: http://edocket.access.gpo.gov/2010/pdf/2010-17572.pdf
The FAA has enacted the final rule regarding the Civil Aircraft Registry which has been under consideration for several years. For reasons including record keeping and investigation for law enforcement and government agencies, the registration of aircraft, previously without expiration, will now be required every 3 years. To bring currently registered aircraft into compliance, a schedule for re-registration has been provided by the Federal Aviation Administration.
Important notes:
We urge you to keep your address record current with the FAA due to the issuance of important notices regarding registered aircraft.
Aircraft registered after October 1, 2010 will expire 3 years from the last day of the month which the Certificate of Registration was issued.
Notice by mail
The FAA will issue notices of expiration via US mail 180 days prior to the expiration. The 180 day notice will allow a 90 window to comply allowing the FAA what is expected to be timely processing of the renewal of registration prior to the expiration date.
Owners must be aware, those who have not re-registered or renewed aircraft during the 90 day filing window will receive a 2nd notice at the end of the 90 day filing window. The FAA will continue accepting the renewal documents after the 90 day window as passed, but there is a greater chance the re-registration or renewal will not be completed prior to the expiration of same.
The FAA will issue a 3rd notice to aircraft not re-registered within the compliance period. The notice will state that the aircraft has been grounded.
Staying informed
The FAA will post lists reporting the aircraft as they move through the various stages of re-registration and renewal.
A schedule for renewal as determined by month in which the Certificate was issued is available in the printing of the final rule. Please see page 15 of 16 at http://edocket.access.gpo.gov/2010/pdf/2010-17572.pdf to review the compliance schedule.
Return of Certificates
Aircraft owners who sell their aircraft will no longer be required to return Certificates of Registration to the FAA. Invalid Certificates of Registration should be destroyed.
Online Renewal
Re-registration and renewal will be available online and by mail. The FAA will post necessary forms at http://registry.faa.gov/renewregistration. Please note the FAA will include a unique code on the mailed notice which the owner will need to renew the aircraft registration online. Online renewal is possible when no changes to registration are required.
Risk of Loss of N-Number
30 days following the expiration of the registration of an aircraft, the FAA will send a notice to the owner directing re-registration of the aircraft within 60 days. If an owner fails to comply with re-registration deadlines the FAA will cancel the N-number for the aircraft. The N-number will remain unavailable for assignment for 5 years.
Fee schedule
The fee schedule for re-registration and renewal is as yet to be determined. The suggested fee is $45.00 (USD)
Comments
Despite the grumbling and aggravation of countless aircraft owners, the rule will accomplish the reduction in error rate of the Civil Aircraft Registry from 36.5% to 5.7%. This reduction in error is of great benefit to those in law enforcement and in the civil sector including insurers, financiers, attorneys, brokers and buyers etc.
Please feel free to contact our office with any questions or concerns you may have regarding this final rule.