We hope this will help you buy or sell your ship. Please note that this guide is only provided for general information purposes. We have also established a model agreement that can help you buy or sell a boat. It`s a bit like some Mariner employees. Remember, but we are not lawyers, so every legal advice is best collected by a real lawyer, and it`s certainly not us! The basics: Of course, the agreement will list things like the parties involved (buyer, seller or legal representative), the price, the date of the closing of the sale, the location, etc. In other words, if there is one place where the formalities are followed to the letter, it is a sales contract. First of all, if the transaction is really great for you, then it may be big enough to get a lawyer involved. This is because many negotiations take place during and after the development of the agreement. The agreement is where many key decisions are made, including pricing, payment (as in, how to pay?), etc. Find out how to bring back the initial splendor of your boat and bring corrective measures to the standard: if a) the seller does not fulfill or fails to meet any of the Supplier`s conditions or obligations under the Agreement, or (b) the terms of the agreement have been met by the Seller and the Buyer does not refuse or cannot conclude the agreement within the allotted time.
, (a late event) in this case, the exclusive recourse of the non-failing party is entitled to declare the contract terminated and, as a result of such termination, the parties no longer have any rights or obligations relating to the contract. In order to assist you in the development of your own sales and sales contract, we have listed below the main areas to be included in the document. We`ve also created an example of a document that you might want to use. Property and obligation: This section states that the vessel is exclusively in the seller`s possession and that the complete inventory of attached equipment and specifications is passed on to the purchaser at the time of settlement without any claims, claims, deposits and charges of any kind.