PPT

[yasehiso]

What is the procedure for a PPT as far as paperwork goes for multiple long guns? Is it 4473 and dros?

[halifax]

Yes, as many long guns as you want on one 4473 and DROS.

[yasehiso]

NB to ppt, it doesn't go in A&D book?

[halifax]

Maybe I'm misunderstanding you. All firearms held for longer than overnight go in the A/D book. So, if the dealer is holding them for 10 days, then yes entering them into his A/D book.

[yasehiso]

Got it.. Thanks Halifax for the info.

[kemasa]

BTW, while it is rare, if the buyer has a FFL in their name for their personal collection, then a 4473 is not required, only the DROS. It only makes sense for a FFL to do a PPT for handguns since no DROS is required when they transfer long guns from their inventory to their personal collection.

I would also enter firearms into the bound book for any transfer, even if it is not held overnight. I do wonder if it is required or not though.

[yasehiso]

Being that I'm a corporation according to ATF I have to do 4473 and dros for personal collection just no ten day wait. As per bound book, should I have a separate A&D book for ppt? I already have two A&D books, one for sales and manufacture.

[kemasa]

You can have a separate book for PPTs, but unless you do a lot of them, I am not sure what it buys you, other than keeping things separate.

[yasehiso]

Being that this is the first ppt that I would be doing I guess I wouldn't add another book if it's not a requirement. But maybe later if it turns out I find myself doing them more often, then I would get a third book to keep better track.

[yasehiso]

Thanks for the info Kemasa..