Liability after sale

Add $300 to the purchase price,
and use that to pay the aviation lawyer to handle the sale,
and protect your uncle's ass.

But poor you !
You have unwittingly posted a picture to this NG,
and will probably be scolded by Ronny !

Splat!
"Franklin Breeden" wrote in message news:0x6cb.418933$Oz4.210348@rwcrnsc54...
I have an uncle who worked for North American Rockwell for almost 50 years. In the early 70s he build a gyrocopter, picture attached, and over the years flew it for 1500 hours. He was an instructor in it and president of a gyro club in the LAX area. Anyway, he is now 80 and in failing health. I saw him and the gyrocopter last month while visiting in Carson City, NV. The issue is he would like to sell the machine but is concerned about liability. Aircraft and auto companies are always getting sued about design flaws. Since he built this machine himself he is concerned that his estate could be lost in a law suit. As you can see, the machine has an N number as an experimental aircraft. One FAA guy said that since it is experimental there should be no liability for him. Other FAA guys have no idea. My uncle has drafted a letter for a buyer to sign releasing my uncle of all liability and requiring the buyer to agree to obtain training in gyros.

As I see it, if a buyer signs the agreement it should be valid. I realize this is really a legal question. The only other option is to disassemble the machine, unregistered it, and let the buyer reassemble and register it. Would anyone have any thoughts about this matter or possibly other recommendations?