Bill of Sale - Multiple owners
Thu Jan 16, 2014 9:19 am
Bill of Sale - Multiple owners
What is the proper way to fill out the FAA Bill of Sale when there are three owners and one of them wants to sell his interest to the other two owners? Does the selling owner just show himself as the seller with the other two as the purchasers or do all three have to endorse the sellers portion with only the two remaining owners listed as the purchasers? Or something completely different from these two options. I've done lots of aircraft transactions but none quite like this.
Thu Jan 16, 2014 11:04 am
Re: Bill of Sale - Multiple owners
Dear FAA,
What is the proper way to fill out the FAA Bill of Sale when there are three owners and one of them wants to sell his interest to the other two owners?
rotorgoat
What is the proper way to fill out the FAA Bill of Sale when there are three owners and one of them wants to sell his interest to the other two owners?
rotorgoat
- NimpoCub offline
- Posts: 487
- Joined: Thu Dec 22, 2011 1:04 pm
- Location: Nimpo Lake, BC 52.22N 125.14W
- FindMeSpot URL: www.tinyurl.com/loganspot
Nimpo Lake Logan... boonie SuperCubber
Fri Jan 17, 2014 9:24 pm
Re: Bill of Sale - Multiple owners
The best response so far! And probably what I'll end up doing. Nice pic!
Sat Jan 18, 2014 1:07 pm
Re: Bill of Sale - Multiple owners
Or call a business that handles this stuff professionally...
Aero-Space Reports in Oklahoma City is the one I used when I had a multiple owner party trying to sell me an airplane and they screwed up the paperwork and couldn't seem to figure out how to fix it.
Aero-Space Reports in Oklahoma City is the one I used when I had a multiple owner party trying to sell me an airplane and they screwed up the paperwork and couldn't seem to figure out how to fix it.
- Troy Hamon offline
- Posts: 913
- Joined: Tue Apr 06, 2010 8:27 am
- Location: King Salmon
- FindMeSpot URL: http://share.findmespot.com/shared/face ... 04iX0FXjV2
- Aircraft: Piper PA-22
Sat Jan 18, 2014 2:47 pm
Re: Bill of Sale - Multiple owners
"Rotorgoat" is one of the best usernames I've seen in a while.
- Zzz offline
- Posts: 2854
- Joined: Fri Oct 08, 2004 11:09 pm
- Location: northern
- Aircraft: Swiveling desk chair
Half a century spent proving “it is better to be thought a fool than to open your mouth and remove all doubt.”
DISPLAY OPTIONS
Who is online
Users browsing this forum: No registered users and 1 guest
Latest Features
-
Live to Tell
A Minnesota pilot is surprised to learn that the sudden asymmetric drag of an out-of-rig ski can…Read More -
Creators
Working in some of the Yukon's most beautiful and remote environments, photographer Simon Blakesley captures aircraft in…Read More -
Aircraft Ownership and Maintenance
Upgrading to big tires can make a huge difference in backcountry performance, but with those gains come…Read More -
Tales from Yesteryear
In this tale from bush flying yesteryear, Don Cogger signs up to help Atlee Dodge Jr recovery…Read More
Latest Knowledge Base
-
Destinations
A regional guide with ideas for winter camping destinations in California, Nevada, New Mexico, and Arizona.Read More -
Aircraft
Finding an affordable aircraft that can handle the backcountry for $80K or less? A challenge for sure, but with the…Read More -
Aircraft
01.29.2018 - Zane - Updated tire diameter graphic to add 8.50x10 Guide to tires for use in the backcountry and off-airport landing…Read More -
Pilots
12.22.2013 - Initial article format Operating aircraft on skis and negotiating a snow-covered landscape is an entirely unique skillset and environment.…Read More
