Contract to Purchase - An offer is made subject to survey and a deposit paid to the broker or vendor after which the surveyor is instructed.
Contract with the Surveyor - The purchaser should take personal responsibility for selecting and instructing the surveyor. It is advisable to discuss fully with the surveyor any particular concerns or special requirements that you may have before the surveyor inspects the vessel. The vessel must be out of the water for a condition survey to be carried out. All boatyard and other costs in connection with the survey are in addition to the surveyor’s fees and expenses and are the responsibility of the purchaser.
The Inspection - The surveyor will carry out his inspection of the vessel as presented and in this respect the purchaser can assist the surveyor and help to procure a more complete report by arranging the best possible access to the vessel.
The Survey Report - This will list the defects found in the survey together with recommendations and suggestions for repair and remedial work. The written report may be used to negotiate final purchase arrangements. Survey reports issued by me are recognised by leading insurers, marine finance companies and banks.
Thinking of Buying a Boat and Need Help? I will assist you to make an informed decision. Contact me for a detailed and comprehensive report at:
steventruss1@aol.com
Thinking of Buying a Boat and Need Help? I will assist you to make an informed decision. Contact me for a detailed and comprehensive report at:
steventruss1@aol.com
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