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Am I also able to buy the upper before the paperwork comes back? Its' illegal to attach if I'm not mistaken till approval correct?, and the lower must be engraved before I attach as well correct, or do I need it engraved before I fill out the paperwork? Thanks for the quick response!
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In the past NC has had some strange laws concerning SBRs Something about the only legal purpose is for "reasearch." So, none of what I say has anything to do with State law, only federal law.
The first step is to buy the stripped lower. You will need the serial number from the lower to send your Form1. Go ahead and download a pdf of the ATF Form 1 so you have some idea of the information that you will need.
You can not buy your upper until you have your Form 1 approved.
You can build an AR-15 pistol with the lower, and then add the stock after the Form 1 is approved.
My recommendation as to the order of assembly follows:
Buy your stripped lower.
Get the lower engraved. Engravers make errors. Lowers get lost in the "mail" going to and from the engraver.
Install the LPK. Lowers get broken during assemble.
At this point it is still a cheap lower and it is not a huge deal if it gets screwed up.
Once your engraving is done and you have not broken your lower during assembly, send in you Form 1. If you send the form first and scew up the lower you have a 200 dollar screwed up lower. Yea you can get a refund, but...
If you are going to build a pistol first, you can complete your lower as a pistol and order your upper while waiting for approval.
When You get you approved Form 1 your can order your stock and install it.
My final recommendation is that you buy two lowers. Complete one in a pistol configuration and leave it in that configuration for the rest of your NFA life. As soon as you have your first lower configured in the pistol configuration, then you can do anything you want, in any order you want, and order all the uppers you want, any time your want, because you will always have a legal use for the short uppers. But you can't have a stock until you have an approved Form 1 or a Title I AR15- rifle. I said that assuming everyone has at least one Title I AR15 rifle.