Old enough to know better
Join Date: Dec 2006
Location: Beacon, NY
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Re: hi all half share in a private yacht
Are there any organized boat share companies there? We have a few here in the states, like Sail-time. I think this is the only way I would get involved in a "share" situation. With a partnership you will be stuck with the person if you are not happy, unless you can buy them out, or convince them to buy you out. With a place like Sailtime you can pay for the amount of use that you expect to use the boat, and they organize the rest. There may be times like holidays that there might not be space available but most I have spoken to are happy. And if someone constantly leaves a boat a mess they can be dealt with by a "manager" type.
That being said I have heard of partnerships lasting for many years, and even some that have had a few people leave and others come in. But I have also heard others that have had partners that leave the boat a mess, damage things, and not fess up to it. So it is certainly fraught with risk.