
05-15-2006
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Señor Member
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Join Date: Oct 2004
Location: Narragansett Bay
Posts: 4,856
Rep Power: 10
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Our yacht broker used the standard YBAA Purchase & Sales Agreement form with the purchase of my last boat. I'd post a blank copy of it here, but it's copyrighted and for use only by members of YBAA.
Essentially, there are four sections to the agreement:
1. Price & Deposit
2. Survey
3. Acceptance of the Yacht
4.Termination of Agreement
The language of each section is simple, but concise and provides legal protection for the buyer, with contingencies for bailing out during the pre-closing negotiations. If you can find a copy, modify it to your situation - without directly transcribing the language.
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True Blue . . .
sold the Nauticat
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