We hope this helps you buy or sell your ship. Please note that this guide is provided for general information purposes only. We have also established a standard agreement that can help you buy or sell a boat. It`s a bit like someone that some Mariner employees have used themselves. Remember, however, that we are not lawyers, so any legal advice is best sought by a real lawyer, and it is certainly not us! First, if the transaction is really important to you, it may be large enough to involve a lawyer. This is due to the fact that many negotiations take place during and after the drafting of the agreement. In the agreement, many of the most important decisions are made, including pricing, payment (as in, how is payment made?), etc. The basics: Of course, the agreement lists things like the parties involved (buyers, sellers or legal representatives), the price, the date of conclusion of the sale, the location, etc. In other words, if there is a place where the formalities are strictly followed, it is a sales contract. The seller will continue to insure the vessel until delivery to the buyer. How to buy a boat in New Zealand by boat insurance experts. Ownership and obligation: This section provides that the ship belongs exclusively to the seller and that the complete inventory of the equipment and the associated specifications is transmitted to the buyer, insofar as it is free from any debt, claim, deposit and any charge of any kind whatsoever.
Purchase price: Indicates the agreed amount for which the boat is sold. To help you create your own sales contract, we have listed below the most important areas to include in the document. We`ve also created a document template that you might want to use. Payment: Payment is often more complicated than immediate cash refund. It often contains a plan in which payment will be made at regular intervals in the future.. . .