
06-10-2009
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Member
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Join Date: May 2009
Location: Cleveland OH USA
Posts: 54
Rep Power: 4
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Yard Fee's
I'm in the middle for buying a Sabre 28 for $7,500 I gave the seller a deposit. We are to meet Sunday to finalize the deal. We both live 1 1/2 hours away from the boat. When I was up there at the boat yesterday the GM of the Marina stopped by and introduced himself to me and said there were yard fees associated to the boat and he wouldn't launch me until those are paid.
He also would give me no idea of how much the fee's are. The boat was in the water last year and winterized. I talked to the seller and he said he'd pay them Sunday when we meet. The fee's could be $100 for winterize up to $1,000 for storage.
Not sure exactly how to handle it other than telling the seller I want the boat's title free and clear(obviously) and a receipt from the Marine stating all balance due are paid.
Any thought to this matter would help. When I was going to buy the boat I never even thought of the unpaid yard fees. I always paid mine up front just to get it out of the way, but that’s me. I feel it will all work out just trying to be careful
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