Hi Marty, and welcome to VAF.
What you are proposing is not only legal, but quite common. A very large percentage of amateur-built aircraft are completed by a 2nd or even 3rd owner of the project. The requirement is that the aircraft must be 51% amateur-built. It does matter who, or even how many amateur builders are involved.
From a maintenance standpoint, anyone can perform maintenance on an experimental amateur-built aircraft. The only requirement restricted to the builder is the annual condition inspection. To qualify for that, you must be listed as a primary builder and show that you can competently perform the inspection. (The 51% rule does not apply here).
If you can do this you can be issued a repairman certificate to perform the condition inspection on that particular aircraft.
If you buy a project, you will need to obtain all the original builders construction logs to show that the aircraft meets the 51% rule.
__________________
Mel Asberry, DAR since the last century.
EAA Flight Advisor/Tech Counselor, Friend of the RV-1
Recipient of Tony Bingelis Award and Wright Brothers Master Pilot Award
USAF Vet, High School E-LSA Project Mentor.
RV-6 Flying since 1993 (sold)
<rvmel(at)icloud.com>
Last edited by Mel : 05-30-2015 at 02:20 PM.
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