Recording of Aircraft Conveyances and Security Documents

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form AC Form 8050-41 Notice of Recordation	Form	Modified	Available
2120-0043 SSA.docx	Supporting Statement A	Uploaded 2022-08-04	Available
SORN with 2 updates.pdf	Supplementary Document	Uploaded 2020-07-10	Repair queued
14 CFR Part 49 1-1-02.pdf	Supplementary Document	Uploaded 2020-07-10	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
25547	Recording of Aircraft Conveyances and Security Documents	Form	Modified	Notice of Recordation
25547	Recording of Aircraft Conveyances and Security Documents	Instruction	Modified

ICR Details

OMB Control No: 2120-0043	ICR Reference No: 202205-2120-004
Status: Active	Previous ICR Reference No: 202007-2120-002
Agency/Subagency: DOT/FAA	Agency Tracking No: Ready for OST Review
Title: Recording of Aircraft Conveyances and Security Documents
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/27/2022
Retrieve Notice of Action (NOA)	Date Received in OIRA: 08/24/2022
Terms of Clearance: Upon go-live of the new CARES system, the FAA will conduct a non-substantive change request to this ICR to include a new instrument that shows the relevant screens of the CARES system that are used to collect the information in this ICR.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2025	36 Months From Approved	02/28/2025
Responses	22,370	0	22,370
Time Burden (Hours)	22,370	0	22,370
Cost Burden (Dollars)	0	0	0

---

Abstract: This information collection is mandatory for any person or entity releasing a security conveyance. When an aircraft owner satisfies their debt, 14 CFR Part 49.17, “Conveyances recorded”, mandates that the security holder report the satisfaction of the security conveyance to the FAA Civil Aviation Registry (Aircraft Registry). When the Aircraft Registry records a security conveyance, an AC Form 8050-41 Notice of Recordation, is prepared by an Examiner to display the collateral, parties, and recording information. The form is mailed to the security holder. When the debt is satisfied the security holder completes Part II, Release, at the bottom of the AC Form 8050-41; a security holder signature and date is required to signify release of the debt. The security holder mails the form to the Aircraft Registry so that the interest in the aircraft shows to be released. The security holder may submit the same information without using the form, if desired. This form is not available for download since an FAA Examiner has to fill in the information.

---

Authorizing Statute(s): US Code: 49 USC 44108 Name of Law: Validity of conveyances, leases, and security
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 4325	01/27/2022
30-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 52104	08/24/2022
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Recording of Aircraft Conveyances and Security Documents	AC Form 8050-41	Notice of Recordation

---

ICR Summary of Burden

table that charts list of burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	22,370	22,370	0	0	0	0
Annual Time Burden (Hours)	22,370	22,370	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

---

Annual Cost to Federal Government: $807,620

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 08/24/2022

---