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Boat Sale Contract
"I need a Boat Sale Contract for the private sale of my 45-foot sailing yacht to a Dutch buyer, with completion scheduled for March 2025, including provisions for a marine survey and sea trial before completion."
1. Parties: Identification of seller and buyer with full legal names, addresses, and registration numbers if companies
2. Background: Context of the sale and brief description of the vessel being sold
3. Definitions: Definitions of key terms used throughout the agreement
4. Vessel Details: Comprehensive description of the boat including make, model, year, registration number, and all identifying characteristics
5. Purchase Price and Payment: Agreement on purchase price, payment method, and payment schedule
6. Transfer of Ownership: Terms and conditions for the transfer of vessel ownership and registration
7. Seller's Representations and Warranties: Seller's declarations regarding vessel condition, ownership, and absence of encumbrances
8. Buyer's Acknowledgments: Buyer's confirmation of vessel inspection and acceptance of condition
9. Completion and Delivery: Details of when and where the vessel will be delivered and formal completion will take place
10. Risk and Insurance: Transfer of risk and insurance requirements during the sale process
11. Governing Law and Jurisdiction: Confirmation of Dutch law application and jurisdiction for disputes
12. Signatures: Execution blocks for all parties
1. Broker Involvement: Terms regarding broker's role and commission (include if a broker is involved in the sale)
2. Finance Arrangements: Details of any financing arrangements or conditions (include if buyer is obtaining financing)
3. Survey and Sea Trial: Terms for conducting marine survey and sea trial (include if these are conditions of sale)
4. Berthing and Maintenance: Arrangements for vessel storage and maintenance between contract and completion (include if relevant)
5. VAT Status: Detailed section on VAT status and implications (include for international sales or VAT-paid vessels)
6. Equipment and Inventory: Detailed list of included/excluded equipment (include if significant equipment is part of sale)
7. Training and Handover: Terms for seller providing operational training to buyer (include for complex vessels)
8. Compliance with Regulations: Specific regulatory compliance requirements (include for commercial vessels)
1. Schedule 1 - Vessel Specification: Detailed technical specifications and inventory of the vessel
2. Schedule 2 - Vessel Documentation: Copies of registration documents, safety certificates, and maintenance records
3. Schedule 3 - Inventory List: Detailed list of all equipment, tools, and accessories included in the sale
4. Schedule 4 - Condition Report: Recent survey reports or condition assessments
5. Schedule 5 - Historical Maintenance Records: Documentation of past maintenance, repairs, and improvements
6. Schedule 6 - Insurance History: Details of current and past insurance claims
7. Appendix A - Photographs: Recent photographs of the vessel documenting its condition
8. Appendix B - Operating Manuals: Copies of all available operating manuals and documentation
Authors
Vessel
Purchase Price
Completion Date
Delivery Location
Delivery Date
Security Interest
Survey Report
Sea Trial
Technical Documentation
Registration Documents
Bill of Sale
Completion
Deposit
Due Diligence Period
Encumbrance
Equipment
Flag State
Inventory
Maritime Liens
Material Adverse Change
Operating Manual
Part Exchange
Purchase Price Balance
Registration Authority
Seller's Representative
Buyer's Representative
Specification
Title Documents
Transfer Documents
VAT
Vessel Documentation
Working Day
Insurance Policy
Marine Mortgage
Condition Precedent
Force Majeure
Commissioning
Defect
Acceptance Protocol
Payment Terms
Vessel Inspection
Title and Risk
Warranties and Representations
Registration and Documentation
Insurance
Delivery and Acceptance
Condition Precedent
Due Diligence
Seller's Obligations
Buyer's Obligations
Marine Survey
Sea Trial
Completion
Transfer of Title
Encumbrances
Default
Force Majeure
Confidentiality
Tax and VAT
Broker Commission
Notices
Assignment
Entire Agreement
Governing Law
Jurisdiction
Dispute Resolution
Liability
Indemnification
Amendments
Severability
Third Party Rights
Costs
Termination
Maritime
Recreational Boating
Marine Transportation
Yacht and Boat Dealers
Marine Insurance
Maritime Law
Financial Services
Marine Engineering
Luxury Goods
Tourism and Leisure
Legal
Maritime Operations
Sales
Compliance
Finance
Documentation
Risk Management
Customer Service
Technical Services
Administrative Support
Marine Broker
Maritime Lawyer
Vessel Documentation Officer
Marine Surveyor
Naval Architect
Maritime Insurance Agent
Yacht Sales Manager
Marine Finance Manager
Compliance Officer
Maritime Operations Manager
Port Captain
Fleet Manager
Marine Contract Administrator
Maritime Legal Counsel
Yacht Broker
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