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In article ,
wrote: In my opinion, a title search should be undertaken by the buyer in EVERY purchase of a used airplane, regardless of whether it's financed. There was a lein against my plane when I bought it. I found it through AOPA's title search. The owners had no idea it existed. The loan was old (I don't remember exactly, but 20+ years) and had been paid off and the bank was no longer in business. With AOPA's assistance the seller was able to resolve the problem while the prebuy was being done. One big help was that the plane had been in the seller's family for a long time and the original bank was local. If I had found out about it later I doubt I could have gotten it fixed as easily. -- Ben Jackson http://www.ben.com/ |
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