Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Interesting Opinion from a Gun Shop Guy Today
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="Poke78" data-source="post: 2086153" data-attributes="member: 4333"><p>How is a drawing/raffle like an estate sale? In the case of a raffle, a winning ticket means you fill out the 4473 for the FFL because the Kiwanis/Rotary/etc. never really bought it from the FFL, they're just paying him for the item you're receiving as the winner. In the case of an auction-type estate sale, auctioneers bring an FFL to an auction/estate sale for transfer/legal purposes since the auction company is a business but does not hold an FFL so they do the CYA thing. They've likely gotten guidance from a lawyer or the BATFE directly on this. OTOH, items can be held out from the estate for a separate sale with the executor selling as an agent for the estate to an individual so state law applies. In OK, that's a basic FTF sale with no papers required.</p><p></p><p>I'm also aware of gun shops that provide valuation services for estates as part of a disposal process so that also has to go through their bound book if they are the sales agent.</p></blockquote><p></p>
[QUOTE="Poke78, post: 2086153, member: 4333"] How is a drawing/raffle like an estate sale? In the case of a raffle, a winning ticket means you fill out the 4473 for the FFL because the Kiwanis/Rotary/etc. never really bought it from the FFL, they're just paying him for the item you're receiving as the winner. In the case of an auction-type estate sale, auctioneers bring an FFL to an auction/estate sale for transfer/legal purposes since the auction company is a business but does not hold an FFL so they do the CYA thing. They've likely gotten guidance from a lawyer or the BATFE directly on this. OTOH, items can be held out from the estate for a separate sale with the executor selling as an agent for the estate to an individual so state law applies. In OK, that's a basic FTF sale with no papers required. I'm also aware of gun shops that provide valuation services for estates as part of a disposal process so that also has to go through their bound book if they are the sales agent. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Interesting Opinion from a Gun Shop Guy Today
Search titles only
By:
Top
Bottom