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Go Back   SailNet Community > General Interest Forums > Boat Review and Purchase Forum > Boat Buyers & Sellers Forum
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Old 01-19-2012
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arin is on a distinguished road
advice on selling my boat in mexico

Hi i'm new here. I have a Wharram Tiki 30 in Hualtuco. I have a buyer and want to explain to him the procedure of the transaction. So for I have contacted an escrow company that the major brokers use. They say they can complete the transaction but believe that a broker may be needed. Anyone have experience with this? My boat is Canadian registered with T.I.P and the U.S. buyer plans to sail South.

Is a broker needed?

thanks.
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Old 01-25-2012
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Contact marine title in seattle to arrange the safe transfer of your buyers funds and the title to your boat. No broker needed. Actually nobody needed, best would be cash in hand,sign the papers and walk away. No money, no handover, no title. Beware of the scammers out there...
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Old 01-25-2012
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arin is on a distinguished road
thanks for that. Any words on the "off-shore" exchange/transfer that needs to happen on paper to appease the authorities? Any use for broker then?
I doing all the leg work for the buyer because he is at sea w/ terrible internet and I'm just a nice guy passing on the dream.
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Old 01-26-2012
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Simple "Bill of Sale" form made up on MS word will do. Include: date, place of sale, your name, buyers name, brief description of vessel, registration number, official number, sale price etc.

Sometimes it is good to include wording to the effect: Vessel is sold where is, how is, no warranty expressed or implied. Also that the vessel has no liens, loans or other encumberances on it.

If the vessel is in a marina, pay up to the last day of sale and make sure the marina understands there is a new owner, and that he fill out "new" paper work for the vessel to be in the marina

You may want a notary public, commissioner of oaths etc. to witness the singing of the document.

Several copies for your and his file.

If your vessel is registered in Canada there may be a place on the back of the registration/ownership document for you to sign and forward the the relevant organization.

No need for a broker. They will just want a piece of the pie.

Good Luck!
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