Thank you, Mr Pepperoni for that bit of wisdom. How many
airplanes have you bought and how many of them had gone
thru an estate?
The broker is just handling selling it. The Title company isn't going
to write the title insurance if there's any hickups in the chain of title.
You're
still going to have to pay someone to clear any discrepencies before
they do that.
As Stu points out, the FAA requires certain supporting documentation
to accompany a Bill of Sale in some circumstances. If I'm buying something
for the price of an airplane then having an attorney make sure I'm not
going to run into problems when I go to sell it is a pretty good investment.
If an estate is involved then for several reasons that Stu brought up,
you need a little more diligence.
"Pepperoni" wrote in message
...
That's what Brokers and Title Insurance are *FOR*.
A lawyer only gives an opinion.
Pepperoni
"OtisWinslow" wrote in message
.. .
Have a lawyer make sure the person signing the bill of sale
has legal authority to do it.
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