A title problem, but I want to buy. How handle?

Why not just use the AOPA escrow service instead. Seems a lot cheaper
than using an attorney.

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.

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

"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?

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?

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?

"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

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

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

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.