PPRuNe Forums - View Single Post - URGENT Foreigner owns Aircraft but FAA "N" US registered through american citizen
Old 4th May 2009, 00:56
  #22 (permalink)  
Tim_CPL
 
Join Date: Nov 2002
Location: KHIO - Portland, Oregon. USA
Posts: 57
Likes: 0
Received 0 Likes on 0 Posts
Just a word of caution about trusting a US citizen with this kind of transaction. I know of one guy near DFW who lost two C-150's and a Marchetti 260 when he had a serious falling out with the guy who he had legal title the the planes and he basically had to stand by as they were dismantled for part over a few years. He was not a USC or permanent resident at that point. You really have to trust someone to have any chance of success....

- Tim
Tim_CPL is offline