
06-17-2012
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Re: BVI owners time
Quote:
Originally Posted by LakePirate
I'm curious, does this happen? And why would an owner want to sell their time cheaper than the leasing company would get for it? If it does and they do is there a site to link the parties that anyone knows of?
Don't mean to hijack the thread but wanted to ask.
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Yes, it does happen. We have purchased owner's time for charters in both the BVI and Tahiti in the past. As part of their contract with the charter company the owners are allocated a certain amount of yacht time per year for their own use. If they don't use all of it they are permitted to sell the balance. It is all quite above board, and at least in our experience with Moorings and Sunsail is coordinated with the charter company.
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