Being an aircraft owner you must be aware of title search and registration. Without these two done, you cannot fly your jet in the U.S. But there are some terms and names what can make you perplexed when you are stepping forward for international aircraft registry; you must have heard the term IR or International Registry. This is a notice-based registry only. The interest you register in the IR is only an electronic filing. It only tells that there is an interest somewhere is present in the world, but to find out the interest you have to go to the country where it is created. The documents creating the interest should be registered on that respective country’s registry.
This International Aircraft Registry was actually created to provide with a notice against assets, but not for the ownership assets. To know it in detail, you can follow our website. Gradually, the course has been changed and now it allows ownership interests to be registered. But that does not mean or guarantee a complete ownership.
Some but not all the countries are participant in Cape Town Treaty. Parties do not need to file an interest at the IR even if it is a signatory country. An aircraft can fly anywhere in the world, there is no restriction from the countries on it who are or are not a part of the Cape Town Treaty. It assures that there is nothing like a complete chain of ownership.
The international aircraft registry does not release any statement or report about the existing interest on the assets. To know it, you should have to register to IR and research. Even there is no information that the information you will get curating is accurate, even IR gives no assurance on it.
When the FAA does not examine all the filed documents, the IR has nothing like that. IR vets all documents and only approved users can use their systems. As the interests are registered across the world, some of those are valid and some are not. Individuals should research and learn about the interests.
For your title search that is not possible to do alone, you should come to us at Aero Title for a detailed guideline. We would help you to make your process done easily at international aircraft registry.