What are the concerns regarding purchasing an aircraft with a missing registration? The owner is having trouble finding it. He knows it exists, but has misplaced it. The FAA online database confirms the plane as having a current registration through 2020. But the one in the plane at the moment is the one that expired last year.
The owner can of course submit a written request to the FAA for a re-issuance. But then we have to wait (at the speed of government) for that to arrive. I'm interested in purchasing this plane quickly, because it's a hot commodity and the sharks are swirling. And once purchased, I'd have to submit a registration application (with bill of sale) anyway to get it in my name. So it seems a waste of time to wait on the government twice.
What would you do?
The owner can of course submit a written request to the FAA for a re-issuance. But then we have to wait (at the speed of government) for that to arrive. I'm interested in purchasing this plane quickly, because it's a hot commodity and the sharks are swirling. And once purchased, I'd have to submit a registration application (with bill of sale) anyway to get it in my name. So it seems a waste of time to wait on the government twice.
What would you do?