Thanks for the reply do I need to sign anything on the form 4 or do anything or is this all the buyer?
Heres the thing, if you trade it in on another silencer you dont habe to pay another $200 for a tax stamp and wait another 10 months to get approved.
Could you explain how this works?
Failure to give his money back if he isnt approved ... is a violation of federal law and could generate massive fines and or jail time for you.
Heres the thing, if you trade it in on another silencer you dont habe to pay another $200 for a tax stamp and wait another 10 months to get approved.
You cant physically give your buyer to the silencer until he has been approved. So you will have to wait like him to officially sell it to him.
If you take his money, be prepared to give it back to him if he isnt approved.
Failure to give his money back if he isnt approved or go give him the silencer before he is approved is a violation of federal law and could generate massive fines and or jail time for you.
Honestly your best bet is to go to a FFL and trade it in on on another weapon or silencer.
Heres the thing, if you trade it in on another silencer you dont habe to pay another $200 for a tax stamp and wait another 10 months to get approved.