WTS - IVP Fastbuild Kit

Buy, Sell. List your kit, plane, parts, tools, jigs, mounts, engines, avionics and things that can be used by others (or if you need specific items). As of April 1, 2018 all Classified are paid listings. There are options for listings on LancairParts.store and LancairsForSale.com depending on parts, aircraft or kits for sale. WTB ads are free. Contact admin for more information.
Forum rules
WTB(Want to Buy) ads are free. WTS(Selling) ads have a fee to support this site. List your kit, plane, parts, tools, jigs, mounts, engines, avionics BUT YOU MUST INCLUDE A PRICE. A fee of 1% of asking price per month applies but that is capped at $25 maximum monthly. Example $300 part is $3. An airplane would be $25.
Contact admin for more information. Make your payment directly using the PayPal button. Thank you!

Re: WTS - IVP Fastbuild Kit

Postby Andy Inman » Wed Jan 02, 2019 4:36 pm

Since it is mostly built, the person who completes it cannot perform maintenance and inspection of it, Correct? The wheels are turning in my head on this, as it is a BEAUTIFUL plane. Also, how would you transport it to the new owner? Sorry for the dumb questions, but I’m a n00b here, obviously. Thanks in advance for the Answers, Andy
Andy Inman
ES enthusiast
 
Posts: 1
Joined: Mon Dec 31, 2018 1:21 am

Re: WTS - IVP Fastbuild Kit

Postby Ian Taylor » Wed Jan 02, 2019 5:46 pm

Hi Andy,

The 51% rule is a bit loose in it's interpretation. I can't give you a concrete answer as to what a DAR would say, but many projects get started and surpass that (subjective) interpretation and are easily registered and the owners do their own conditionals. I only mention it because I built Lancairs and Glassairs for 7yrs and have been part of many projects that we took on that were well past 51%. Another thing to mention is that the previous buyer did contact the FAA and a DAR and the DAR said it would be no problem. If you have all of my logs in addition to yours, I personally don't see a problem. Just food for thought.

Let me know if I can answer any more questions.

Regards,
Ian
Ian Taylor
Building IV-P
 
Posts: 10
Joined: Wed Feb 07, 2018 1:00 pm

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