Homebuilt aircraft sales agreement?

"Richard Riley" wrote:
I'm going to buy a homebuilt in a couple of weeks. Does anyone
know
of a standard sales agreement that I can at least start with?

In a casual sale, where you'll be making full payment prior to taking
possession, the agreement is the seller's problem. I can't think of
any legal recourse a seller would have against the buyer unless the
check bounces. If the seller has no clue what any agreement should
say, then you need not propose one. If you actually want the seller
to warrant certain things, like condition, airworthiness, or lack of
encumbrances, you work that out first with him/her. Then, it would be
advisable to consult an attorney, so that the agreement is specific
and enforceable in the state where the sale occurs.

F--

On Tue, 07 Sep 2004 19:13:38 -0700, Richard Riley wrote:

I'm going to buy a homebuilt in a couple of weeks. Does anyone know
of a standard sales agreement that I can at least start with?

I don't think you would need anything different than a standard agreement
like what AOPA has on their website.

What are you looking at buying?

On Tue, 07 Sep 2004 19:13:38 -0700, Richard Riley wrote:

I'm going to buy a homebuilt in a couple of weeks. Does anyone know
of a standard sales agreement that I can at least start with?

You saw it.
You liked it.
You bought it.
It's yours!

Sign Here_______________________________________



:-)