Join Date: Feb 2010
Location: Narragansett Bay
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Re: What Is A Boat Really Worth?
Because it's the law. Maybe it shouldn't be law but until it isn't it is.
Attorneys', brokers, etc don't get to decide that.
Are we splitting hairs here? I understand they are required to comply with escrow laws. However, what law requires them to cash the check into an escrow that no one has any actual right to prior to survey? My check has never been cashed until survey when, thereafter, default provisions are enforceable.
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In the harsh marine environment, something is always in need of repair. Margaritas fix everything.