Jeff wrote:
" I would sure hate to buy something only
find it wouldn't be flyable without big bucks being sunk into it first."
Be sure to do a good pre-buy inspection and use the AOPA services that will
do title searches and such. There shouldn't be any reason that you buy a
plane with anything "surprising" about it in the paperwork.
The pre-buy definitely should turn up any non-compliances, but you should also
add language to the sale contract to the effect that the owner warrants that all
ADs have been complied with and agrees to pay compliance cost if this turns out
to be not the case.
Of course, if you are knowingly buying an aircraft that has outstanding ADs,
that language would have to be worded to exclude those.
IMO, an owner who is claiming that all ADs have been handled will have no
hesitation in signing such an agreement. I certainly didn't when I sold aircraft.
George Patterson
Drink is the curse of the land. It makes you quarrel with your neighbor.
It makes you shoot at your landlord. And it makes you miss him.
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