Join Date: Aug 2003
Location: Long Island, NY
Thanked 43 Times in 38 Posts
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You can't. And, IMHO, you should not expect any.
Of course it depends on the price you are paying for the boat, and the type of problem you find. From my own persona experience, when I bought a boat (two actually) I bargained hard ahead of time and told the broker that I would NOT use the survey to reduce the price. I planned on using the survey to know if the boat was as I expected or not. The first time the survey didn't find anything I didn't know about already. The second time time the survey revealed some simple things like bow lights out, and a few other minor things. I had the owner correct those things, and the deal went down fine.
When I sold my boat I disclosed everything I knew wrong with the boat. When I had an offer I told the prospective buyer that his offer was the lowest price I would accept, so forget about any reduction after the survey. The surveyor did report expired flares and a few other things. I told the buyer that it was up to him to obtain new flares, etc.
Deep Blue C, 2002 C&C 110
Mt. Sinai, NY
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