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#1
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Why not just use the AOPA escrow service instead. Seems a lot cheaper
than using an attorney. |
#2
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AOPA no longer does escrow. They do have a service where they
will provide you with all the records on it though: accident/incident, airworthiness history, registration history, lien search. It's $95 if I remember correctly. I've used it each time I've bought a plane. "Robert M. Gary" wrote in message oups.com... Why not just use the AOPA escrow service instead. Seems a lot cheaper than using an attorney. |
#3
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Don't buy it until all the issues are worked out and the seller
has a clear chain of title. It will cause you trouble when you go to sell it. Call Aero Space Reports in OKC. They're a title and escrow company. They can help you work through the title problems and they can also sell you title insurance. What specific title problem is it? "Michael Horowitz" wrote in message ... I located a plane I'd like to buy; unfortunately somewhere along the way the FAA didn't get some paperwork and the current owner didn't get clear title. Is there anything I can do to 'buy' the a/c and start working on it, or do I have to sit on my hands? - Mike |
#4
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"OtisWinslow" wrote in message ... Don't buy it until all the issues are worked out and the seller has a clear chain of title. It will cause you trouble when you go to sell it. Call Aero Space Reports in OKC. They're a title and escrow company. They can help you work through the title problems and they can also sell you title insurance. What specific title problem is it? What title? |
#5
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There is no "title" as such. FAA maintains a recording of filed
documents that establish the chain of ownership and they maintain registration records. What title? |
#6
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This I know. Their 'established chain of ownership' really isn't. It's more a registration of the person claiming to be the owner. "OtisWinslow" wrote in message m... There is no "title" as such. FAA maintains a recording of filed documents that establish the chain of ownership and they maintain registration records. What title? |
#7
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"OtisWinslow" wrote:
What specific title problem is it? The FAA Registry shows ownership in the name of the person who owned it three 'generations' ago. We believe we have a collection of Bills of Sale, but no one told the FAA. - Mike |
#8
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I believe if you have the sequential original BOS's to establish the chain
to the last owner that you can file them all together along with the one transfering legal ownership to you. Sounds like it just hasn't been reregistered each time. Have you visited with your local FSDO? "Michael Horowitz" wrote in message ... "OtisWinslow" wrote: What specific title problem is it? The FAA Registry shows ownership in the name of the person who owned it three 'generations' ago. We believe we have a collection of Bills of Sale, but no one told the FAA. - Mike |
#9
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The FSDO offered to give me a number in OKC. - Mike
You're probably correct that it just hasn't been re-registered each time - Mike "OtisWinslow" wrote: I believe if you have the sequential original BOS's to establish the chain to the last owner that you can file them all together along with the one transfering legal ownership to you. Sounds like it just hasn't been reregistered each time. Have you visited with your local FSDO? "Michael Horowitz" wrote in message .. . "OtisWinslow" wrote: What specific title problem is it? The FAA Registry shows ownership in the name of the person who owned it three 'generations' ago. We believe we have a collection of Bills of Sale, but no one told the FAA. - Mike |
#10
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Sounds like a no brainer. From your original post it sounded like
someone had a cliam or lean against the plane. The FAA doesn't try to establish who owns the plane. There is no title. |
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