Question about 3rd party gun sales...

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Thread: Question about 3rd party gun sales...

  1. #1
    Member Array xdavex's Avatar
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    Question about 3rd party gun sales...

    Hey, I'm sorry if this is the wrong place to post this, but I wasn't sure where I needed to post it. I live in Kentucky and am wanting to sell one of my firearms to a friend. What process do I need to follow? I've been looking around online, I may just be looking in the wrong places, but I haven't been able to find anywhere what I need to do.

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    Not sure about Kentucky though by and large, no paper trails are required for 'direct' person-to-person sales. Either way, I would have the buyer sign a ‘Bill of Sale’ just to cover your tail.
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    You can call a local FFL dealer and ask them
    http://www.gunbroker.com/FFL/DealerNetwork.aspx

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    http://www.lrc.ky.gov/KRS/237-00/CHAPTER.HTM

    The Kentucky Revised statutes, already at the section on firearms. I bet the information you seek is somewhere within those web pages.

    There are too many variables in your question to give you a 100% correct answer.
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    Member Array gbball98's Avatar
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    xdavex,

    It is my understanding that in Kentucky it is legal to buy sell or trade FTF without paper work as long as both parties are Kentucky residents. If the party you are selling to lives out of state or you know he is taking the gun out of state it is required to transfer the weapon through a firearms dealer failure to do so is a federal offense.

    I have made several transactions FTF here in Kentucky and I always require to visually check their drivers lic. or their CCW permit or there is no deal. Requirement for receipts is up to you.

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    Member Array xdavex's Avatar
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    Thanks a lot for the info, and thanks to everyone for the resources and the help! Selling my Taurus so I can get a new XD

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    Member Array gbball98's Avatar
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    Good luck on the XD, you will enjoy it they are great guns.

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    Senior Member Array Barbary's Avatar
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    Get a receipt /bill of sale just to cover yourself. Better safe than sorry.

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    Member Array xdavex's Avatar
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    Quote Originally Posted by Barbary View Post
    Get a receipt /bill of sale just to cover yourself. Better safe than sorry.
    Can I just write one up saying "_____ sold this ____ serial # ______" and have us both sign it to cover that?

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    Senior Member Array Barbary's Avatar
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    I am by no means a lawyer, but would also include date and time of purchase and original condition of said firearm at time of purchase in the bill of sale. Two copies, one for you and one for purchaser. Just because I am sad to say we have become such a litigious society. The time of business done with a handshake has gone the way of the do-do bird.

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    Member Array mynameisFred's Avatar
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    Money. Gun.

    Money <----> Gun

    Shake hands.

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    Member Array xdavex's Avatar
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    Quote Originally Posted by Barbary View Post
    I am by no means a lawyer, but would also include date and time of purchase and original condition of said firearm at time of purchase in the bill of sale. Two copies, one for you and one for purchaser. Just because I am sad to say we have become such a litigious society. The time of business done with a handshake has gone the way of the do-do bird.
    Okay, I'll do this just to cover myself. Thanks for the advice! I can't wait to get the XD.

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    Distinguished Member Array 21bubba's Avatar
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    Quote Originally Posted by gbball98 View Post
    xdavex,

    It is my understanding that in Kentucky it is legal to buy sell or trade FTF without paper work as long as both parties are Kentucky residents. If the party you are selling to lives out of state or you know he is taking the gun out of state it is required to transfer the weapon through a firearms dealer failure to do so is a federal offense.

    I have made several transactions FTF here in Kentucky and I always require to visually check their drivers lic. or their CCW permit or there is no deal. Requirement for receipts is up to you.
    One more detail. The purchaser must be legally able to own a gun.

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    VIP Member Array SIGguy229's Avatar
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    Quote Originally Posted by xdavex View Post
    Can I just write one up saying "_____ sold this ____ serial # ______" and have us both sign it to cover that?
    If you want...IIRC, there is nothing requiring you to do so.
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    Member Array xdavex's Avatar
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    Quote Originally Posted by 21bubba View Post
    One more detail. The purchaser must be legally able to own a gun.
    How can I confirm this for sure? Do I just have to ask and take their word for it?

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