Those who are considering buying or selling an aircraft should be careful in all aspects of the transaction, including having a title search. It's easy to become complacent or to be tempted to take a shortcut to save time and money. Although it's often not a problem, once in a while the title search comes back to bite us. Consider this experience: The pilot purchased his first aircraft when it was less than a year old, had been used as a demonstrator for 50 hours, and was owned by an aircraft dealership. He paid cash for the aircraft. Since he paid cash, no bank required a title search, and he did not request one. After all, it was a nearly brand-new airplane with no prior owners and purchased directly from the dealer.
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