we had the same problem when buying a glider.. and a bank 1/2 a cross the
country that had been sold numerous times.. the bank.. not the glider..

we were able to clear it very quickly.. great help from the current owners
of the bought bank..

BT

"Ben Jackson" wrote in message
newsfUNb.81372$na.43795@attbi_s04...
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/