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#1
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" 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. jf |
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#2
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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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#3
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The question arises when the owner THINKS all the ADs have been complied
with. After I bought my Cherokee I found out that the oil pump AD need to be done at the next overhaul, or by some time in 2003 (I think). Something that three different IAs missed was the fact that the next overhaul must occur at or before TBO. Mine had been beyond TBO for two annuals and my pre-buy. The IA who did the pre-buy offered to replace the pump at no cost, but he was 300 miles away. So I had the choice of having it done locally for $800 or flying the plane three hundred miles, staying in a hotel while it was fixed, and flying it back home. "George Patterson" wrote in message news yV_e.17035$L15.13472@trndny01...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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