The other issue is if the buyer doesn't pass you cannot get it back since the ffl isn't allowed to sell to you.
The other issue is if the buyer doesn't pass you cannot get it back since the ffl isn't allowed to sell to you.
I thought it has already been determined that the gun is never transferred/received/booked in by the FFL until the background check on the new buyer goes through so this idea that you might not get your gun back is a myth?
From the following post:
https://www.ar-15.co/threads/110807-...transfers-etc)
"ATF has since updated and corrected this information, releasing updated instructions to FFLs. It is now clear that, as long as a seller does not "relinquish" the firearm, they can leave with the gun at any point, without performing a background check.A 4473 (background check) is required for all transfers, and logging in/out of FFL books is still required before any FTF transfer can proceed. However, the BGC can happen prior to the transfer, and if the buyer fails, the seller can walk out. Note the $10 Colorado charges still gets charged to the FFL regardless, and you can bet your FFL is going to want their service fee, regardless of pass/fail, since they are taking the time.
Short version:
1) Buyer fills out 4473
2) FFL checks and records buyer ID, marks handgun/long gun/other (no SN# yet), and runs the BGC. CBI charges $10 at this point
3) If pass, FFL takes gun & confirms SN, enters gun into books, writes the SN# on the 4473, and logs the book out to buyer. Buyer/seller leave happy.
4) If fail, seller takes the gun and leaves. FFL did not take possession. FFL does not enter the gun into the books. 4473 gets filed (without SN/gun info)."
Last edited by def90; 11-16-2014 at 20:59.
depends on what the ffl does. If they make a mistake new2ak's suffers.
if they log it first to save time or whatever reason they put it on the books
I hear you, but it's 100% up to the seller, if it's really something you're worried about. To take it to an extreme, if he does not hand over the gun, the FFL has no serial number to record. You don't need the S/N to run the BGC.
New2aks, I'd also vote for selling off something else (you mentioned guns plural) before you sell anything your dad gave you, hipoint or not. Your call of course, but you can always make/save more money, but I'd save a father's gift for near last on the list of things to sell...
Heck if it comes down to it, I bet there's a few of us who could come up with some day-work for you if you needed to make up the couple hundred bucks to hold on to the gun.
FFL 07/02
Feedback: https://www.ar-15.co/threads/106039-Brian