Close
Results 1 to 10 of 14

Threaded View

Previous Post Previous Post   Next Post Next Post
  1. #12
    Looking Elsewhere
    Join Date
    Oct 2012
    Location
    The Peoples Republic (Boulder)
    Posts
    3,161

    Default

    Quote Originally Posted by Wulf202 View Post
    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.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •