The definition of a “citizen of the United States” (US citizen(s)) is provided in 49 U.S.C. To register an aircraft on the N-Registry, the owner must be a citizen of the United States, with few exceptions.
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Finally, there is ample evidence that registration on the N-Registry helps to preserve the value of aircraft, both because the FAA’s standards for aircraft operations and maintenance are among the highest in the world and because the US is the most active market for aircraft sales.
Many parties also take comfort in the fact that the FAA, as part of the US government, has the resources and wherewithal to properly oversee and enforce its rules and obligations as an aircraft registry. There is a large pool of internationally recognised aviation attorneys and other professionals in the US available to assist aircraft owners and lenders. The N-Registry provides an efficient system for owners and lenders to file documents and now accepts documents bearing appropriate digital signatures, which simplifies and expedites the closing process. The clarity of applicable law and long history of legal precedents for enforcing rights of owners and lenders for US-registered aircraft appeal to aircraft lenders, lessors and borrowers. The US was also one of the first countries to adopt the Cape Town Treaty, thus providing the additional comfort and assurance that interests in aircraft properly created and registered under the Cape Town Treaty will be recognised in other Contracting States. There is also a long history of court decisions and other legal precedents regarding the processes for registering with, and cancelling aircraft from, the N-Registry, as well as the validity, priority and enforceability of security and leasehold interests in aircraft. The N-Registry is widely respected for its easy, secure and inexpensive procedures for filing aircraft title transfer, registration and security documents. There are several advantages to registering an aircraft in the US. Why is the US a preferred jurisdiction for aircraft registration? To perfect liens or encumbrances against aircraft registered on the N-Registry, parties must (i) file the documents creating security or leasehold interests with the N-Registry and (ii) comply with the registration requirements of the Cape Town Treaty, when applicable. To perfect interests in most aircraft, the parties must also register the interest in accordance with the Cape Town Treaty. To register an aircraft on the N-Registry, the applicant for registration must file documents evidencing ownership of the aircraft in the name of the applicant, as well as an AC Form 8050- 1 aircraft registration application.
The N-Registry, located in Oklahoma City, Oklahoma, issues Certificates of Aircraft Registration for both commercial and general aviation aircraft. The FAA is the primary US regulatory agency that governs and oversees aircraft registration, maintenance and operation. One of the most frequently chosen aircraft registries is the United States Federal Aviation Administration (FAA) Aircraft Registry, commonly referred to as the N-Registry. Once the pros and cons of each registry are fully considered, owners often choose to register their aircraft on a different registry from the nationality of the jet owner.
Many aircraft are regularly operated in multiple jurisdictions and aircraft owners have multiple choices as to where they will register their aircraft.