bentmettle
Pre-takeoff checklist
Having some discussion with a seller that is concerned about damage to the plane or loss of logbooks during the prebuy process.
I'm not physically located near the plane, so would have the pre-buy shop pick up the plane, fly it to their shop, do the prebuy things, and go from there.
The seller ideal seems to be that I'd be responsible for any loss caused by the shop. The shop is insured. The seller is insured.
I've done a lot of research on how to negotiate this in a way that respects the sellers concerns, but in the end is seems to boil down to "until you sell the plane, you are at risk of loss".
The seller proposed some changes to the PA, including fixed liquidated damages (that are void in both my state and the state the seller is in, which I tried to explain without effect) that try to increase my liability for the actions of anyone associated with the pre-buy. I think at this point, I may end up having to walk away from the process entirely if they are unwilling to align the assumption of risk to the standard- i.e. it's borne by the seller and the pre-buy shop.
Any sage advice on how to bring the seller around to this?
I'm not physically located near the plane, so would have the pre-buy shop pick up the plane, fly it to their shop, do the prebuy things, and go from there.
The seller ideal seems to be that I'd be responsible for any loss caused by the shop. The shop is insured. The seller is insured.
I've done a lot of research on how to negotiate this in a way that respects the sellers concerns, but in the end is seems to boil down to "until you sell the plane, you are at risk of loss".
The seller proposed some changes to the PA, including fixed liquidated damages (that are void in both my state and the state the seller is in, which I tried to explain without effect) that try to increase my liability for the actions of anyone associated with the pre-buy. I think at this point, I may end up having to walk away from the process entirely if they are unwilling to align the assumption of risk to the standard- i.e. it's borne by the seller and the pre-buy shop.
Any sage advice on how to bring the seller around to this?