Regulations and inheritances - guns

Hey, where would we be without rules?
New members, please take a moment to read here.

Regulations and inheritances - guns

Postby Palladin » Fri, 25 May 2012 16:28:55

Can an individual run into legal trouble by selling off piecemeal an inherited collection of guns?

A dealer told me the only way to liquidate the collection is to sell the whole collection to a dealer, then they sell them through their FFL...
Now is the time for all good men to get off their rusty dustys...


User avatar
Palladin
VGOF Platinum Supporter
VGOF Platinum Supporter
 
Posts: 4154
Joined: Mon, 05 Oct 2009 22:06:43
Location: Louisa
First Name: Glen

My Arsenal:
Wrist Rocket and a pocket full of 00buck...

Re: Regulations and inheritances - guns

Postby joeshmo » Fri, 25 May 2012 17:58:25

If you inherited a collection you can do what you want with it, you own it. Sounds like a dealer is trying to swindle someone out of $$$... Who's the dealer??


User avatar
joeshmo
Sharp Shooter
Sharp Shooter
 
Posts: 192
Joined: Sat, 28 Jan 2012 20:33:47
First Name: what

My Arsenal:
I'll never tell

Next Firearm:
red rider bb gun

Re: Regulations and inheritances - guns

Postby VBshooter » Sat, 26 May 2012 10:02:15

absolutely true.. Tell the dealer to go pound sand up an orifice
Image "Not to worry, I got this !!! " "Stand your ground. Don't fire unless fired upon, but if they mean to have a war, let it begin here." Captain John Parker


National Rifle Association (NRA) Member   Virginia Citizens Defense League (VCDL) Member   Gun Owners of America (GOA) Member   Oath Keepers (OK) Member   Second Amendment Foundation (SAF) Member  
User avatar
VBshooter
VGOF Silver Supporter
VGOF Silver Supporter
 
Posts: 3851
Joined: Wed, 25 Mar 2009 11:14:27
Location: Virginia Beach
First Name: Spence

Next Firearm:
H&K Sig or an AK47/74

Re: Regulations and inheritances - guns

Postby Diomed » Sun, 27 May 2012 01:43:32

Palladin wrote:A dealer told me the only way to liquidate the collection is to sell the whole collection to a dealer, then they sell them through their FFL...

Pretty good scam there. Unless this dealer is in one of the usual suspect states, there's nothing keeping you from liquidating an inherited collection (or a collection you amassed yourself).


User avatar
Diomed
Sharp Shooter
Sharp Shooter
 
Posts: 1891
Joined: Tue, 09 Mar 2010 02:28:14
Location: Central VA
First Name: Nah

Re: Regulations and inheritances - guns

Postby Palladin » Sun, 27 May 2012 07:43:42

No, it's VA... and his business is predicated on assisting in the selling off of large collections.

It does sound like a great way to scam a widow and skim the cream off years of a leadophile's work... I'll see if he'll quote me chapter and verse of the regs.
Now is the time for all good men to get off their rusty dustys...


User avatar
Palladin
VGOF Platinum Supporter
VGOF Platinum Supporter
 
Posts: 4154
Joined: Mon, 05 Oct 2009 22:06:43
Location: Louisa
First Name: Glen

My Arsenal:
Wrist Rocket and a pocket full of 00buck...

Re: Regulations and inheritances - guns

Postby jdonovan » Sun, 27 May 2012 08:29:11

There are a few things that come into play.

I don't know all the states laws, so I can only speak to federal/VA law.

Under federal law the firearms assigned to an heir can be transfered without the use of an FFL. This is the one exception to interstate transfer of long, and short arms without the use of a dealer. Once the heir has taken possession, the arms are now theirs, and they may do as they see fit.

Some places you can get into problems...
You live in VA uncle George lived in OH. You get George's Luger, and to sell it to his neighbor. You just completed a transaction between residents of different states.

George passed away but Aunt Mary is still alive, and says get all these guns out of here. You take them all home to VA. The transfer needed to go through a dealer because you are not residents of the same state.


User avatar
jdonovan
VGOF Gold Supporter
VGOF Gold Supporter
 
Posts: 1909
Joined: Tue, 28 Jul 2009 10:03:02

Re: Regulations and inheritances - guns

Postby eburton2 » Fri, 27 Feb 2015 21:10:59

Thanks, good info to have!!


National Rifle Association (NRA) Member  
User avatar
eburton2
Sighting In
Sighting In
 
Posts: 18
Joined: Fri, 27 Feb 2015 20:47:27

My Arsenal:
Savage FCP 10 SR / Savage FCP-K 10 / Colt LE6920 Socom / Arsenal SAM7R-66 / XDm .40 Compact / XDm .45 Compact / Sig P250 .45 / Sig P250 9mm w/ .40 conversion kit / 1950 Russian SKS (Never Fired)



Free Shipping on All Power Tools!

Return to Rules and Regulations

Who is online

Registered users: allingeneral, begemot, Google [Bot]

Please Support
Our Sponsors