Thread: $1 + OVC
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Old January 16th 04, 07:51 PM
Steve Beaver
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And other people consider it none of the FAA's business how much you paid.

"Ben Smith" wrote in message
...
Hello and happy Friday :

I requested an FAA CD-ROM with all the archived paperwork for my plane.
While looking through the various 'Bill of Sale' forms, most of them say

'$1
+ OVC' for the selling price. (OVC = Other Verbal Consideration)

Any ideas why this is done?
--
Ben
C-172 - N13258 @ 87Y