Not sure if this is the right thread to post. Since I come here, I visit only this thread, the long gun, and the private sales most of the time, so I post it here. If it's not the correct forum, please move.
Anyway, how exactly does a PPT work? My understanding is that I show up with a check or cash and pay it to the seller while he leaves his gun with the FFL. Then 10 days later, I come and pick it up. Does that sound right? During most PPT transactions, buyers are the ones to pay for dros unless prior arrangement has been discussed.
What's the role of the FFL here? Is he there to do the dros only or being an escrow agent too? In other words, if there's a problem with the transaction for unforeseen reason, and we (buyer & seller) decide to forgo the transaction, do I get my $$ back? and how much?
Anyway, how exactly does a PPT work? My understanding is that I show up with a check or cash and pay it to the seller while he leaves his gun with the FFL. Then 10 days later, I come and pick it up. Does that sound right? During most PPT transactions, buyers are the ones to pay for dros unless prior arrangement has been discussed.
What's the role of the FFL here? Is he there to do the dros only or being an escrow agent too? In other words, if there's a problem with the transaction for unforeseen reason, and we (buyer & seller) decide to forgo the transaction, do I get my $$ back? and how much?



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