On 16-Jan-2004, CriticalMass wrote:
Anybody's guess.
That's why lenders require a title search before they'll approve
financing.
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. Then, if
there is ANY question about clear title, I would recommend getting title
insurance. AOPA provides both title search and title insurance services at
reasonable cost.
--
-Elliott Drucker
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