Re: Homebuilt aircraft sales agreement?

[TaxSrv]

"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--

[Matthew P. Cummings]

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?

[Matthew P. Cummings]

On Tue, 07 Sep 2004 20:42:28 -0700, Richard Riley wrote:

> I found a good buy on a flying Dyke Delta. Growing family, etc.

I like that plane, almost decided to build one, but instead started
building the Wag Aero Sportsman 2+2. More tubing to cut during lunch
today, it seems to never end.

The only concern I had about the Dyke Delta and the reason I didn't build
one was that it might not be suitable for landing on shorter grass strips,
or short runways in general. I guess I was also a bit concerned about the
closeness of the tail to the ground as well.

I took a couple pics of John's Dyke at Oshkosh, I think it's a great plane
and if I were to build a second one this would be it.

Not to be nosy, but after you buy it you should post a couple pics of it
on a website. The Dyke isn't a common find and is unique.

[Rutger]

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_______________________________________



:-)

[Matthew P. Cummings]

On Wed, 08 Sep 2004 21:18:15 -0700, Richard Riley wrote:

> Will do. I've got some neat stuff planned for it, you'll be hearing
> about it in weeks to come. Here's a older shot of it

It's been a while since I've been a member of the Dyke Builders Network,
but I do recall that particular plane being mentioned. It seems it's a
popular plane and certainly there's a few pictures of it floating about.

Good luck with it and have fun with it. Do us a favor and after you get
it and get comfortable with it post back on it's flying characteristics
and what you can and can't do with it.

It's not that hard of a plane to build from what I've seen, and it does
offer some pretty good performance.