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Why Use an Owner Trust
Owner trusts can allow non‑citizens to register U.S. aircraft while meeting FAA control requirements. Trust arrangements must comply with FAA policy and are scrutinized by lenders for transparency and enforceability.
Compliance Basics
- Trust agreements, affidavits, and operating control provisions.
- Disclosure and control tests per FAA guidance.
- Coordination with title/escrow and FAA registry.
Lender Considerations
- Clarity of enforcement, assignments, and power clauses.
- Jurisdiction of trustee and experience with aircraft trusts.
- Insurance and operating approvals (Part 91/135).
Process
- Engage experienced trustee and aviation counsel.
- Draft agreements; align with lender and escrow.
- File, record, and close; maintain compliance records.
Related Articles
External references: FAA Registration · NBAA · AOPA Advocacy