Posted: 8/27/2013 6:01:00 AM EDT
| As a person who has never done a FTF transfer before I was a little curious as to how some of the risks of the transaction are mitigated... Lets say someone is a buyer in a FTF transfer. How does that person protect themselves from the unlikely scenario that the seller turns around an reports the serial number as stolen? |
|
Quoted:
As a person who has never done a FTF transfer before I was a little curious as to how some of the risks of the transaction are mitigated... Lets say someone is a buyer in a FTF transfer. How does that person protect themselves from the unlikely scenario that the seller turns around an reports the serial number as stolen? Bill of sale |
|
Quoted: Bill of sale Quoted: Quoted: As a person who has never done a FTF transfer before I was a little curious as to how some of the risks of the transaction are mitigated... Lets say someone is a buyer in a FTF transfer. How does that person protect themselves from the unlikely scenario that the seller turns around an reports the serial number as stolen? Bill of sale Signed by both parties. |
|
Quoted:
As a person who has never done a FTF transfer before I was a little curious as to how some of the risks of the transaction are mitigated... Lets say someone is a buyer in a FTF transfer. How does that person protect themselves from the unlikely scenario that the seller turns around an reports the serial number as stolen? That's why some people like a bill of sale. It would be kind of retarted to go through all of that and then just turn around and report it stolen. Not too mention, if its proven that he made a false report of a crime, that my friend, is a felony. Most would find that a bad idea. |
|
Quoted:
That's why some people like a bill of sale. It would be kind of retarted to go through all of that and then just turn around and report it stolen. Not too mention, if its proven that he made a false report of a crime, that my friend, is a felony. Most would find that a bad idea. Quoted:
Quoted:
As a person who has never done a FTF transfer before I was a little curious as to how some of the risks of the transaction are mitigated... Lets say someone is a buyer in a FTF transfer. How does that person protect themselves from the unlikely scenario that the seller turns around an reports the serial number as stolen? That's why some people like a bill of sale. It would be kind of retarted to go through all of that and then just turn around and report it stolen. Not too mention, if its proven that he made a false report of a crime, that my friend, is a felony. Most would find that a bad idea. Well it's the retarded people I worry about... |