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Can a mortgage be registered for a Cayman Islands registered aircraft as security for a loan for that aircraft?

A mortgage can be registered for an aircraft registered in the Cayman Islands as security for a loan for that aircraft. Please see Mortgaging of Aircraft.

What is the validity period of a priority notice to register a mortgage and can the priority notice be renewed?

A mortgage registered within 14 days shall be deemed to have priority from the time when the priority notice was registered. A priority notice can be renewed at the end of each 14 day period indefinitely. However, there is a CI$250 fee at each renewal.

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The Civil Aviation Authority of the Cayman Islands

205 Owen Roberts Drive
P.O. Box 10277
Grand Cayman, KY1-1003
CAYMAN ISLANDS
Tel: +1 (345) 949-7811
Email: civil.aviation@caacayman.com


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