Give me a hollar ,Eric!
<<Hi ,This is Jim Greene in Springfield!
How goes it? I see you got yurself another QS! Fun isn't it?
What did you get? give me a hollar when you can! Some pics maybe?>>>>
Later..Jim
Eric Shannon wrote:
>
>
> ---
>
> Thanks for the help guys!
>
> Eric
>
> In Sport_Aircraft@yahoogroups.com
> <mailto:Sport_Aircraft%40yahoogroups.com>, "Jim Bair" <JimBair@...> wrote:
> >
> > Eric,
> > Here you go, courtesy of Abid. There are two forms needed, a
> registration and a bill of sale. Both available from the FAA. Call
> your local FSDO and they should be able to send you what you need.
> Abid's list is out of order a bit, as the bill of sale is really #1 as
> it has to be signed by the seller. #2 is the seller sends the bill of
> sale to the FAA and that gets the monkey off his back. #3 is the buyer
> fills out the registration and along with #4, the check for $5, sends
> an envelope to the FAA. Then sit on your hands until something
> appears. Then, write a letter saying you scrapped it.
> >
> > Or, shorten the process. Just have the seller tell the FAA it's been
> scrapped and he pulls the N-number and data plate. You take home the
> "pile of parts/scrap metal" and do with it what you want. But the
> seller has to make it go away either by selling the plane (bill of
> sale process) or by sending in a letter saying it's been scrapped and
> is no longer airworthy. I'm not sure about the data plate. Sending
> that in might be proof the airplane was scrapped. Or maybe the letter
> is good enough. He just needs to do whatever it takes to get his name
> off it so the state won't go after him for taxes on it every year or two.
> >
> > I would personally recommend the shortened process which leaves you
> out of it and with a "pile of parts" which happen to fly.
> >
> > Jim
> >
> > > On Jul 13, 2009, at 12:55 PM, Abid Farooqui wrote:
> > >
> > > > 1) Application for registration filled out by the buyer. Don't
> > > > forget to print buyer's name under the signature (do signature on
> > > > the top half of the box). Buyer needs to keep the pink carbon copy
> > > > of this app.
> > > > 2) FAA Bill Of Sale (Form 8050-2) Signed by the seller properly
> > > > 3) $5 check made to the FAA Registration branch
> > > > 4) The seller needs to take the white registration card, fill out
> > > > the back of the card stating that this aircraft has been sold to
> > > > (fill buyer's info) and sign it and send it back in to the FAA at
> > > > the address on the card. This card is not to be given to the buyer.
> > > > Pink copy is his registration till he gets a new white registration
> > > > card from the FAA
> > > >
> > > > Abid
> >
> > ----- Original Message -----
> > From: Eric Shannon
> > To: Sport_Aircraft@yahoogroups.com
> <mailto:Sport_Aircraft%40yahoogroups.com>
> > Sent: Thursday, July 30, 2009 9:18 PM
> > Subject: Re: Light-Sport Aircraft Yahoo group Question
> >
> >
> > ---
> > Hi Jim,
> >
> > So what is the process of getting it registered in my name? How long
> does it usually take?
> >
> > Thanks,
> > Eric
> >
> > In Sport_Aircraft@yahoogroups.com
> <mailto:Sport_Aircraft%40yahoogroups.com>, "Jim Bair" <JimBair@> wrote:
> > >
> > > At that point, you tell them it has been scrapped. You have to get
> it off the records. Then it is yours to do as you wish.
> > >
> > > Jim
> > >
> > > ----- Original Message -----
> > > From: Eric Shannon
> > > To: Sport_Aircraft@yahoogroups.com
> <mailto:Sport_Aircraft%40yahoogroups.com>
> > > Sent: Thursday, July 30, 2009 8:33 PM
> > > Subject: Re: Light-Sport Aircraft Yahoo group Question
> > >
> > >
> > > ---
> > > Hi Dan,
> > >
> > > I took a few items off the aircraft,(brakes, pod, etc..) and it
> now makes legal weight, and the biggest reason, I am not a Sport
> Pilot. So, if I send in the bill of sale, and get it registered in my
> name, then I can do with it what I wish?
> > >
> > > Eric
> > >
> > > In Sport_Aircraft@yahoogroups.com
> <mailto:Sport_Aircraft%40yahoogroups.com>, "Dan Charter" <lndc2000@>
> wrote:
> > > >
> > > > > I guess I have to ask, Why not keep it registered? I'll be
> easier to sell later on. Being single seat and 5 gal might keep the
> FAA from writing violations if and when something goes wrong but you
> just don't know that for sure. Each violation could be up to $11,000.00
> > > > Dan Charter
> > > >
> > > > --- In Sport_Aircraft@yahoogroups.com
> <mailto:Sport_Aircraft%40yahoogroups.com>, "Jim Bair" <JimBair@> wrote:
> > > > >
> > > > > Hi Eric,
> > > > > Bad news. The previous owner is not off the hook just yet. He
> needs to send in a bill of sale to make sure they know that *you* are
> now the current and you can do anything you want with it. If the
> transaction is not completed, the previous owner will be listed as the
> current owner until it all gets straightened out. I don't know what
> the tax situation is in your state, but the previous owner may get a
> tax bill. That will alert him that he needs to do something. :) That
> airplane won't disappear until it is officially scrapped by you. And,
> BTW, you're probably the last owner unless you can find another
> sucker. By tearing off the data plate and N-number, you have greatly
> decreased the resale value.
> > > > >
> > > > > Jim
> > > > >
> > > > >
> > > > > ----- Original Message -----
> > > > > From: Eric Shannon
> > > > > To: Sport_Aircraft@yahoogroups.com
> <mailto:Sport_Aircraft%40yahoogroups.com>
> > > > > Sent: Thursday, July 30, 2009 7:03 PM
> > > > > Subject: Light-Sport Aircraft Yahoo group Question
> > > > >
> > > > >
> > > > > I just bought a Quicksilver "ultralight", the owner had it
> registered experimental and it had an N-number. He did this because it
> was a little over-weight, the weight is the only thing that makes it
> non-part 103. My question is, do I legally have to notify the FAA and
> let them know I purchased this aircraft? I already took the data plate
> and N-numbers off of the plane as I plan to fly it as an ultralight. I
> just want to be sure that the previous owner is "off the hook" so to
> speak as being responsible for the plane.
> > > > >
> > > > > Thanks,
> > > > > Eric
> > > > >
> > > >
> > >
> >
>
>
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