Waiting period question

[rsalinas]

When I buy a handgun from a private party, when we go through the local FFL to do the transfer, is the FFL going to hold the gun for 10 days? Am I still limted to the 1 gun a month limitation if they are private party purchases?

[Quiet]

Yes on the 10 day wait.
No on the 1 in 30 day wait.

PPTs are exempt from the 1 in 30 day handgun wait.