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Boat Sale Contract
"I need a Boat Sale Contract for the sale of my 45-foot sailing yacht to a private buyer, including provisions for a marine survey and sea trial, with completion planned for March 2025 and payment in installments."
1. Parties: Identification and details of seller and buyer
2. Background: Context of the sale and brief description of the vessel
3. Definitions: Key terms used throughout the agreement
4. Vessel Description: Detailed specifications of the boat being sold
5. Purchase Price: Amount and payment terms
6. Transfer of Title: Terms of ownership transfer
7. Warranties: Seller's guarantees about vessel condition
8. Completion: Details of completion process and requirements
1. Deposit Terms: Terms and conditions for deposit payment and handling when required for higher-value vessels or by agreement
2. Survey Provisions: Terms governing marine survey process when buyer requests pre-purchase inspection
3. Finance Conditions: Conditions and terms related to financing when purchase is subject to financing approval
4. Insurance Requirements: Insurance obligations during transfer period for high-value vessels or jurisdictional requirements
1. Schedule 1: Vessel Inventory: Detailed list of equipment and accessories included in sale
2. Schedule 2: Vessel Documentation: Copies of registration, maintenance records, and safety certificates
3. Schedule 3: Known Defects: List of known issues or required repairs
4. Appendix A: Survey Report: Marine survey findings if applicable
5. Appendix B: Insurance Certificates: Copies of relevant insurance documentation
Authors
Purchase Price
Completion Date
Deposit
Survey
Defects
Equipment
Inventory
Title Documents
Registration Documents
Sea Trial
Completion
Marine Mortgage
Encumbrances
Bill of Sale
Certificate of Registry
Acceptance Protocol
Delivery Location
Safety Equipment
Operating Manual
Warranties
Force Majeure
Business Day
Due Diligence
Material Adverse Change
Outstanding Liabilities
Port of Registry
Technical Documentation
Broker
Commission
Vessel Description
Purchase Price
Payment Terms
Deposit
Title and Risk
Warranties
Condition and Survey
Sea Trial
Registration
Insurance
Delivery
Completion
Default
Representations
Broker Commission
Documentation
Taxes and Fees
Governing Law
Dispute Resolution
Force Majeure
Assignment
Notices
Entire Agreement
Severability
Confidentiality
Indemnification
Termination
Further Assurance
Third Party Rights
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