I am looking to purchase a lower receiver from a private party for the first time and had a couple of questions.
1. Is it the same wait time as a regular purchase 10 days?
2. Does the buyer pay upfront to the seller?
3. Is there anything that could make the deal fall through and leave the buyer out the money other than not passing background check?
I'm worried if I hand the money over to the seller at the FFL and he leaves and for some reason the receiver was not his but stolen I could be out some money and I would never see the guy again.
1. Is it the same wait time as a regular purchase 10 days?
2. Does the buyer pay upfront to the seller?
3. Is there anything that could make the deal fall through and leave the buyer out the money other than not passing background check?
I'm worried if I hand the money over to the seller at the FFL and he leaves and for some reason the receiver was not his but stolen I could be out some money and I would never see the guy again.

10 days waiting period same.
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