lowNslow wrote:blueldr wrote:George,
I must compliment you on the brevity of your posts.
Do your typing fingers bleed much?
Oh-oh, now you did it. We're going to get extensive quotes from "Grey's Anatomy" and the note from his doctor.
Grey's Anatomy - Cast, Crew, Reviews, Plot Summary, Comments, Discussion, Taglines, Trailers, Posters, Photos, Showtimes, Link to Official Site, Fan Sites. Grey's Anatomy focuses on young people struggling to be doctors and doctors ... Grey's Anatomy stars Ellen Pompeo as Meredith Grey, Patrick Dempsey as Derek ...
abc.go.com/primetime/greysanatomy/about.html - 30k - Oct 1, 2005 -
Gray's Anatomy- Authored by: Gray, Henry. 1918. Anatomy of the Human Body Features 1247 engravings, many in color, from the classic 1918 publication. Reference and find in depth information
on the anatomy of the human body.
Ha! On a more serious note,... the above, true story was painstakingly typed several years ago (copyrighted) and is distributed here as an "online article" and may appear someday in print in the quarterly, as a "help" to those who shop for airplanes. I hope it demonstrates that whenever money is involved, there are myriad ways that crooks/theives are
imaginative and bold.
If you are not suspicious when you are vulnerably eyeing your potential purchase, you may fall victim to those who make deception their profession. Airplane transactions rate among the slipperiest of all such dealings because of a subconscious belief that federal authority oversees such deals. That is the basis of the charade,...that legitimacy is lent to the transaction purely by the creation of a "cover story" and calling it a "logbook".
If you don't have all the logs from day ONE of your aircraft then you own, at least in part, a mystery. No amount of creative authorship can completely substitute for the original logs. (Heck, even owners of aircraft with all their logs find "fiction" written in them. How much more deception is involved with "missing" logs?)
Bottom line:
There is no one in airplane ownership/selling circles who do not understand the value of the aircraft logs. They are never just ... "lost". There is always evil involved with "lost" logs. The question left for the purchaser is:
What is the purpose of the deception? (Is it to hide damage? Or is it to hide a changed identity/datatag? Or both?) Keep in mind that a thoroughly wrecked airplane will probably never have it's logs record additional, regular maintenance. But it's datatag, if drilled off and installed on another airframe, can make that other airframe assume the identity of an undamaged airplane providing the accident/hurricane-damage was never logged! If an owner is not insured and
hurricane Katrina/Rita comes by and flips it....then all that needs to happen to make a crook some money is to find another, less worthy airframe and make that junky airplane assume the identity of the hurricane-damaged (but unreported-lost) airplane. I expect lots of these to hit the market in the near future.
1. If it is to hide a damage history, ...then what evidence does the airplane exhibit that damage has occurred? (Or will it be years later before it's ...hopefully... doubtlessly expensively... found?) And, what has been done to correct the damage...or what has been accomplished since the "lost" records to alleviate if possible, any shortcomings of the airplane? (My own airplane does not have all it's original records. I assuaged myself with the facts that a/ my airplane left the factory with an El Salvador tailnumber and was shipped directly to the Cessna Dealer down there, where b/ it was operated and it's maintenance records were compiled in Spanish, and c/ the authorities in El Salvador confiscated the records from the owner for unpaid taxes and micro-filmed the pertinent portions of those records, and d/ I have a microfiche copy of those documents, and ....finally....my airplane was sold for the taxes and re-imported to the US and underwent 17 years of carefully documented/photographed restoration by a well-known U.S. airframe mfr's airframe inspector as a personal project. So much has been replaced/renewed on my airplane (including a completely different engine) as to make old Spanish logbooks describing work performed prior to an awarding of an Original U.S. Airworthiness Certificate virtually irrelevant. When the restoration was complete, the airframe was in fact, a new airplane. Still, I it would be nice to have the original logs, but they no longer exist except on microfiche.)
2. If the deception is to hide an ownership trail, then the problem is much more complicated. An old bank lien,
paid or not, may either still exist on the disguised airframe,... or, even if paid,...may have gone unrecorded as paid. The bank may no longer even be in business, in which case the problem becomes a much more complicated one. If the bank's assets were acquired by a a succeeding institution (or worse, merged by the gov't in an old Savings & Loan take-over) ...the surviving bank has virtually no interest if absolving you of liability for the previous owner's obligation. (It would cost them money and time to clear up a title they have no interest in clearing up. The airplane is an asset they can/and will foreclose and sell at auction.)
3. Another way a cloudy title can get a current owner is if an old maintenance facility has an
unpaid work-order on that airplane. A lien filed by them has no expiration date. You can end up having money invested in an airplane whose financial obligations (including interest and penalties) to an old work-order exceed the airplanes total worth! If a bank forecloses on a failed business, especially (and this happens more than you might imagine) an aircraft maintenance business which once worked on that airplane and had an
outstanding Invoice against that airplane,...then good luck getting them to clear up the title and not confiscate the aircraft for unsatisfied indebtedness.
You are in possession of
their property and must return it to them. They won't/don't have to give you a thing for your trouble. A constable or server will show up and take it.
4. An old tax-lien on an airplane is also a serious problem to clear ownership. A prior owner's tax liabilities are not even required to be registered with the FAA! (And probably isn't. Aircraft title-searches frequently miss this loophole.) Subsequent owners will be sinking money into an airplane that is not really theirs. A tax-investigator may take years to discover and prosecute the tax-payer, and when the disappearance of the aircraft is discovered the present owner will not be compensated for the loss. Additionally, the current owner may come under suspicion of complicity and may find him/her spending money in their own defense.
To add insult to injury, the datatag on your airplane does not protect you if the datatag actually came from another airframe. So,...the original logbooks become a lot more important than a purchaser might suppose...when he is enamored of the bright, shiney airplane of his dreams with the "missing" logs... and the grinning seller.
(You guys are just joking, I know. But this subject could have gone on. An on. There are so many ways a new owner can get burned when he accepts explanations of missing paperwork. No one...absolutely no one, in this business is so naive as to "lose" paperwork ...unless it
needs to be lost. If this long msg is not of interest to you, disregard it. If it saves you a bunch of money by preventing you from making a big mistake.... my bleeding fingers will be happy.)