---------------------------------------------------------- RV-List Digest Archive --- Total Messages Posted Mon 05/05/14: 2 ---------------------------------------------------------- Today's Message Index: ---------------------- 1. 06:13 AM - selling a plane (Vince Frazier) 2. 10:45 AM - Re: selling a plane (jfogarty tds.net) ________________________________ Message 1 _____________________________________ Time: 06:13:19 AM PST US Subject: RV-List: selling a plane From: Vince Frazier SNIP > > ________________________________ Message 1 > _____________________________________ > > > Time: 03:24:45 PM PST US > Subject: RV-List: selling a plane > From: Thomas Sargent > > I am contemplating the sale of my RV-6A. I recall some years ago seeing > some sample sales agreement forms on the EAA website. Today I can only > find some good articles about selling your plane there, but no actual > templates for such a transaction. > > I observed the sale of a plane once and recall there were some FAA-required > forms involved that I had never seen before (transfer of registration, I > guess.) > > Can any one who has been through this process give me some advice? Steer > me to a website perhaps or tell me why I'm nuts to try to do it without a > lawyer/airplane broker involved? > > Thanks, > -- > Tom Sargent > SNIP Tom, Your best bet for a safe transaction is to use an escrow service. There are many. I have used AIC Title Services in the past and felt it was money well spent. A Google search will find several. There are many pitfalls to selling (or buying) a plane. It isn't like a car because the FAA doesn't issue a title, just a registration. The registration, or de-registration, doesn't necessarily protect you from claims. Transferring the money is always a problem. A escrow service eliminates many of the problems. Check it out. A few hundred bucks is well worth the paperwork and funds being handled professionally. Vince www.flyboyaccessories.com - RV tailwheels and many other nifty RV products. ________________________________ Message 2 _____________________________________ Time: 10:45:45 AM PST US Subject: Re: RV-List: selling a plane From: "jfogarty tds.net" Tom, There are forms on the www.faa.gov site. You will need to transfer the title to the new buyer. Form 8050-2 Jim On Mon, May 5, 2014 at 8:10 AM, Vince Frazier wrote: > SNIP > >> >> ________________________________ Message 1 >> _____________________________________ >> >> >> Time: 03:24:45 PM PST US >> Subject: RV-List: selling a plane >> From: Thomas Sargent >> >> I am contemplating the sale of my RV-6A. I recall some years ago seeing >> some sample sales agreement forms on the EAA website. Today I can only >> find some good articles about selling your plane there, but no actual >> templates for such a transaction. >> >> I observed the sale of a plane once and recall there were some >> FAA-required >> forms involved that I had never seen before (transfer of registration, I >> guess.) >> >> Can any one who has been through this process give me some advice? Steer >> me to a website perhaps or tell me why I'm nuts to try to do it without a >> lawyer/airplane broker involved? >> >> Thanks, >> -- >> Tom Sargent >> > SNIP > > > Tom, > > Your best bet for a safe transaction is to use an escrow service. There > are many. I have used AIC Title Services in the past and felt it was money > well spent. A Google search will find several. > > There are many pitfalls to selling (or buying) a plane. It isn't like a > car because the FAA doesn't issue a title, just a registration. The > registration, or de-registration, doesn't necessarily protect you from > claims. Transferring the money is always a problem. A escrow service > eliminates many of the problems. Check it out. > > A few hundred bucks is well worth the paperwork and funds being handled > professionally. > > Vince > www.flyboyaccessories.com - RV tailwheels and many other nifty RV > products. > > * > > > * > > -- Jim Fogarty Lakes and Leisure Realty, Inc. 8636 Bluebird Lane Breezy Point, MN 56472 218-380-3784 ------------------------------------------------------------------------------------- Other Matronics Email List Services ------------------------------------------------------------------------------------- Post A New Message rv-list@matronics.com UN/SUBSCRIBE http://www.matronics.com/subscription List FAQ http://www.matronics.com/FAQ/RV-List.htm Web Forum Interface To Lists http://forums.matronics.com Matronics List Wiki http://wiki.matronics.com Full Archive Search Engine http://www.matronics.com/search 7-Day List Browse http://www.matronics.com/browse/rv-list Browse Digests http://www.matronics.com/digest/rv-list Browse Other Lists http://www.matronics.com/browse Live Online Chat! http://www.matronics.com/chat Archive Downloading http://www.matronics.com/archives Photo Share http://www.matronics.com/photoshare Other Email Lists http://www.matronics.com/emaillists Contributions http://www.matronics.com/contribution ------------------------------------------------------------------------------------- These Email List Services are sponsored solely by Matronics and through the generous Contributions of its members.