Question about buying a plane.

S

Secondwind

Active Member

• Mar 11, 2022

• #1

I have an opportunity to purchase a plane that I have had my eye on for quite a while. The only issue I see is the gentleman who owns it got it from a bank repo and never registered it in his name and long ago lost the bill of sale from the bank. The registration still shows in the former owners name. Are there any options or is it destined to become beer cans?

 

PaulvS

Well Known Member

• Mar 11, 2022

• #2

Buyer beware, I would think. Without a paper trail, how do you know the true history of the plane?

 

P

pat76cj

Active Member

• Mar 11, 2022

• #3

bank repo should have kept copies of transactions. He could go back and see if they can reproduce a duplicate bill of sale?

 

M

moosepileit

Well Known Member

• Mar 11, 2022

• #4

Drop the N# and $10 for a CD-ROM of the FAA records, then see where to go.

http://aircraft.faa.gov/e.gov/ND/


https://www.faa.gov/licenses_certif...on/aircraft_registry/copies_aircraft_records/

 

Mike S

Senior Curmudgeon

• Mar 11, 2022

• #5

Talk to these folks.

I suspect they could take care of the whole thing.

https://www.kingaircrafttitle.com/

 

Larco

Well Known Member

• Mar 11, 2022

• #6

And Logbooks are a big part of determining the value and history? Sometimes repoed airplane logbooks get lost