Buying? Selling? Protect Yourself

There might be only a small amount of paperwork in an aircraft sale - that doesn't mean that it's low risk. Serious homework and care are required.

It’s almost a cliché. The buyer was in a hurry to get an airplane for his flight school. He found the model he wanted for a price that fit his budget. It was 1500 miles away. It had just come out of an annual inspection, so he bought it sight unseen, with no prebuy examination. […]
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