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Personal transfer ?? Login/Join 
Member
posted
I have a chance to buy an NFA item from a business associate.
Can we just submit the form 4 or do we need to go through an sot?
I guess I would call it a personal transfer?

Thanks for the responses
 
Posts: 372 | Location: NH | Registered: March 29, 2005Reply With QuoteReport This Post
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In general, if you and the seller both live in the same state, you two can submit the form 4 yourselves. No need to go through a dealer. If the seller and buyer live in different states it will have to go through a dealer in the buyers state.
It’s likely some states will require the transaction to go through a dealer.
 
Posts: 98 | Location: KDTO...NTX | Registered: October 03, 2011Reply With QuoteReport This Post
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