homebuilt release of liability

"Juan E Jimenez" wrote in message news:06p3b.284525$Ho3.39018@sccrnsc03...
Yes, no one can stop anyone from suing, but when you have an agreement that
says the buyer acknowledges the dangers, etc. and you have the wife sign it
as well as some witnesses that can come to court and testify that it was not
signed under duress, etc., it tends to have a dampening effect on the
plaintiff's lawyer. Or, sell the aircraft out of the country. I sold one to
Spain and even gave the buyer a nice discount to sweeten the deal.


I never heard of anything that would have a dampening effect on a
lawyer's efforts, other than if he runs a financial on you and finds
out you're as broke as me. If there's money to be gotten, no stinkin'
piece of paper is going to stand in their way.

KJSDCAUSA


"W. D. Shellenberger" wrote in message
...
The EAA did have a checklist back in '99. Ken is right!
These sales can always be opened up, but I till think it is
wise to take these precautions anyway.

Look up - "suggested checklist for sale of a homebuilt"
under Google Groups for some good background.
This will give you a good start. I would also insist that
the new owner must do an immediate annual inspection.
This may require some timing, but there are ways.

Shelly

I have.

"Ken Sandyeggo" wrote in message
om...

I never heard of anything that would have a dampening effect on a
lawyer's efforts, other than if he runs a financial on you and finds
out you're as broke as me. If there's money to be gotten, no stinkin'
piece of paper is going to stand in their way.

KJSDCAUSA