If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Need Hold Harmless Waver for Ultralight or Experimental Sale
"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. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Need a Waiver/ Hold Harmless Agreement for UL / Experimental Sale | Richard_Tonry | Home Built | 2 | August 17th 03 12:58 PM |