Note to Buyers (and Sellers)
The purchase of an aircraft represents a substantial financial transaction. If you're contemplating purchasing anything other than a new aircraft it also involves a substantial risk. There are many factors to consider: Age, condition, installed equipment, and history of operation and maintenance. Most of these variables can be immunized against risk by having an appraiser or inspector review the aircraft and its records prior to purchase. There are also some frequently overlooked questions that should be answered as well.
1. What is the AD history of the aircraft? Most inspectors and appraisers work from AD lists generated by the FAA or various data compilers. The lists themselves are rudimentary and invariably incomplete because very few contain any reference to appliance AD's. None go beyond model down to actual serial numbers and some only as far as series. Ultimately the accuracy of the list falls upon the list compiler who may lack all the skills necessary to generate such a list as it is anything but a trivial task.
2. What potential requirements are already in the creation stream that may be lurking right around the corner? It might be handy to know there's a proposed AD out there that will require replacing the crankshafts on both engines within 100 hours of its issuance.
An AD Search report from ADR will answer these questions so that the transaction can proceed with all parties being apprised of the factors posed by AD compliance.