Sunday, 31 July 2011

Minor Legalities you may want to know when buying a used boat


I in no way claim to a legal expert but there are a few little tips that it might help to know when you’re about to buy a used boat. If you decide to buy privately rather than through a well known buyer then there are a few relevant legalities; the seller has to be able to rightfully sell the boat (i.e. own it or have permission to sell it), the boat must be in no way misrepresented and the boat has to be as the seller described. Asking for a title document, such as VAT status, can help prove ownership (this can be difficult as registration of a boat is not legally needed unless it sails abroad). Getting you and the seller to sign a buyer’s contract is good idea because it shows proof of sale and of your new ownership. You can easily find samples of these online, use the power of Google.

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