King Aircraft Title, Inc.

King Aircraft Title, Inc. is a full-service aircraft title and escrow company. The website says it has served the aviation industry for more than 25 years. It works with buyers, sellers, lenders and brokers on aircraft transactions.

Title searches cover the present registered owner, the previous owner, outstanding liens, the type of transaction, and conveyance details. A chain of title report shows all owners from the first United States registration to the present. An aircraft title search can also note unrecorded liens and accident records.

A buyer's title package includes the title search, an ownership history report, incident and accident reports, and FAA aircraft records. A lender's title package is available for general aviation aircraft under 550 horsepower. Engines and propellers above 550 horsepower are checked with separate lien searches.

The escrow service holds deposits or the full purchase price until conditions are met. When all parties give written instructions, the company disburses the funds and submits documents to the FAA Aircraft Registry. The company also offers formal closings and title clearing. Its site says about 30 percent of United States registered aircraft have some outstanding encumbrance.

The company files documents with the FAA Aircraft Registry and can help prepare documents for a purchase or sale. It offers duplicate registration certificates, re-registration and renewal, copies of FAA aircraft record files, 337 reports, and accident and incident searches. It can also research and file special registration numbers.

King Aircraft Title can register parties as a Transacting User Entity with the International Registry and act as their administrator.

Services

• Aircraft title search
• Buyers title package
• Lenders title package
• Chain of title report
• Engine and propeller lien searches
• Formal closings
• Escrow service
• Title clearing
• FAA document filing
• International Registry administrator service