Need Hold Harmless Waver for Ultralight or Experimental Sale

"Richard_Tonry" wrote in message ...
OK, OK, So what do people that sell aircraft do to protect themselves and
their families????

Cross their fingers. It's just as effective as any hold-harmless
contract ever written.




"Ken Sandyeggo" wrote in message
om...
"Larry Smith" wrote in message
...
"Ed Wischmeyer" wrote in message
...

Can someone direct me to a Hold Harmless / Waiver agreement for the
same
of
an Ultralight or experimental aircraft?

The short answer is that such things aren't worth much, if anything,
because the buyer's family, relations, whatever, may not be bound by
it.
If you're an EAA member, give them a call to discuss. I was surprised
to
find out you're at more risk disassembling a plane and selling it as
parts than you are selling it intact. Talk to your lawyer, too. Also,
Avemco insurance covers you for liability for a number of years after
you sell the plane, if you had it insured with them.

Ed Wischmeyer

Let's say a divorced man bought a V8-powered Prescott Pusher, which is a
real sure-enough assbuster, and had his two adult sons sign (along with
him)
an indemnity agreement with the seller. The latter is held harmless
thereby under the circumstances, since those children are the only
parties
with a chance to sue in the case of the buyer getting his a** busted.
At
least in this state, and probably in all the other ones since the sons
are
the buyer's common law heirs.


After the guy becomes a lawn dart, the kids will say..."We only signed
because dad asked us to so he could live his dream, and we loved our
dad so much, that we went ahead.....blah-blah-blah-blah-blah against
our better judgment. Dad coerced us into signing it through emotional
blackmail, therefore....blah-blah-blah-blah-blah.......so we think the
negligent builder should support us for the rest of our lives, because
we're too distraught to work or......blah-blah-blah-blah-blah.

Ken J. - SDCAUSA