First, see that you can possess a Class III in YOUR state. Most permit it, some do not. for a private citizen, the weapon must already have been registered with the BATFE. for full auto firearms, they must have been registered by May of 1986- no new guns can be registered. You must be 21, and meet the same requirements to purchase any other firearm (residency, criminal history, mental illness, etc). You will also need to be fingerprinted, and have written approval from your local chief of police. Transfer of ownership is usually though a Dealer with a special license for these, and you will pay a $200 transfer tax to the BATFE. You also need a BIG checking account. Due to the cutoff of no new full autos, the price has jumped. The last full auto M16 I saw for sale was $16,000.
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