Hands, Mind, and Heart

What started as a handful of passionate enthusiasts has developed into a major force—and a significant component—of the aircraft industry.

Selling and Buying Articles

Part 6: Selling a Homebuilt - The Final Answer

9/1/2000 12:00:00 AM By Harry Riggs (originally published in EAA Sport Aviation, September 2000)

Over the past 10 months members of EAA's Legal Advisory Council have addressed in these pages one of the most perplexing questions they receive-"How can I sell my homebuilt and reduce or eliminate my exposure in doing so?"

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Part 5: Liability Insurance for Homebuilders Buying & Selling a Homebuilt

7/1/2000 12:00:00 AM By Arthur Wasserman (originally published in EAA Sport Aviation, July 2000)

As pilots, we use a checklist to reduce the possibility of loss due to overlooking something. In the same vein, this series of articles on selling a homebuilt is designed to create a checklist approach so homebuilders can reduce their possibilities of financial loss.

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Part 4: Parting Out Liability - The Reality of Liability Protection Options Buying & Selling a Homebuilt

5/1/2000 12:00:00 AM Joanne Barbera & Jim Ramsey (originally published in EAA Sport Aviation, May 2000)

Over the past few months “Legal Pilot” has been discussing steps builders can take to minimize the possibility of litigation when selling their homebuilts.

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Part 3: Waiver & Releases Buying & Selling a Homebuilt

2/1/2000 12:00:00 AM By R. Patrick Phillips, EAA Legal Advisory Council (originally published in EAA Sport Aviation, February 2000)

"How can I protect myself from liability when I sell my experimental homebuilt aircraft?" This common question is one that is most difficult to answer because there is no perfect, fail-safe method of liability protection.

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Part 2: Sale Agreement Buying & Selling a Homebuilt

12/1/1999 12:00:00 AM By Michael F. Van Hoomissen, EAA Legal Advisory Council (originally published in EAA Sport Aviation, December 1999)

In November Pete Axelrod discussed some of the legal risks of selling an amateur-built aircraft. He outlined many of the common issues between buyers and sellers that lead to conflict, or worse, lawsuits.

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Part 1: Protect Yourself: The legal risks of selling the aircraft you built

11/1/1999 12:00:00 AM By Pete Axelrod, EAA Legal Advisory Council (originally published in EAA Sport Aviation, November 1999)

The most frequent questions lawyers receive from members are about buying and selling of amateur-built aircraft. The most common is "How do I keep from getting sued?"

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The Homebuilt Decision: Would You Buy a Used Airplane Built in a Garage?

7/1/1999 12:00:00 AM By Bob Warner (originally published in EAA Sport Aviation, July 1999)

Sometimes it becomes necessary to say goodbye to an old friend - not human ones, of course, but rather inanimate ones.

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When You Buy or Sell a Homebuilt

11/1/1984 12:00:00 AM By Tony Bingelis (originally published in EAA Sport Aviation, November 1984)

HOW DO YOU transfer the ownership of homebuilt aircraft? A partially completed project? Does the FAA need to be notified? If so, how? What else should be done and who does it?

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Suggested Checklist For The Sale Of A Homebuilt Or Restored Aircraft

In order to obtain the maximum liability protection provided by your state’s laws, you should consider consulting an attorney when selling your aircraft. The attorney should be knowledgeable in aviation matters, specific to a hold-harmless agreement for the sale of your homebuilt or restored aircraft.

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