Aircraft owners tend to be somewhat familiar with the basics of aviation documentation given how often they have to deal with it. Meanwhile, those who simply have to work with aircraft may not be that knowledgeable on the matter. This only becomes an issue if they need to file a document such as an airplane claim of lien with the Federal Aviation Administration. Let’s talk about what this entails.
What is an Airplane Claim of Lien?
When someone is providing storage, maintenance, repair, or other services to an aircraft, they have the ability to assert a lien on that aircraft and retain possession until they have been paid for the services provided to the aircraft. A party asserting an airplane claim of lien, also known as the lien claimant usually resorts to this when they have not been paid for the services they have provided as a means to getting some form of payment. The claim, which will often involve state and federal aviation laws has to be properly filed and perfected, and, in order to file a claim of lien against an aircraft, it needs to be registered under the Federal Aviation Administration.
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