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Boat Sales Agreement
"Need a Boat Sales Agreement under Singapore law for the sale of my 45-foot yacht 'Sea Spirit' to a commercial buyer, with special provisions for a marine survey and staged payment schedule to be completed by March 2025."
1. Parties: Identification of seller and buyer with full legal details
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 including make, model, registration
5. Purchase Price: Amount and payment terms
6. Transfer of Title: Terms for ownership transfer
7. Warranties: Seller's warranties regarding vessel condition
8. Completion: Closing procedures and requirements
9. Governing Law: Specification of Singapore law and jurisdiction
1. Condition Survey: Terms for pre-purchase survey when buyer requests survey rights
2. Finance Conditions: Terms related to buyer's financing when purchase depends on financing
3. Trade-in Terms: Details of any vessel trade-in when transaction includes trade-in
4. Broker Terms: Broker's role and commission when broker is involved in the transaction
1. Vessel Specification Sheet: Detailed technical specifications and inventory
2. Vessel Documentation: Copies of registration, licenses, certificates
3. Condition Report: Recent survey or condition report if available
4. Insurance Certificates: Current insurance documentation
5. Maintenance Records: Service history and maintenance logs
Authors
Vessel
Purchase Price
Completion Date
Completion
Deposit
Due Diligence Period
Effective Date
Encumbrances
Equipment
Inventory
Maritime Authority
Port of Registration
Registration Documents
Sea Trial
Seller's Representative
Buyer's Representative
Ship's Papers
Specifications
Survey
Title Documents
Transfer Documents
Vessel Condition
Warranties
Working Day
Berth
Certificate of Registry
Marine Surveyor
Bill of Sale
Outstanding Liabilities
Acceptance Protocol
Insurance Documents
Maintenance Records
Safety Equipment
Registration Fees
Consideration
Payment Terms
Deposit
Vessel Condition
Title and Registration
Warranties and Representations
Due Diligence
Sea Trial
Survey Rights
Transfer of Ownership
Risk and Insurance
Completion
Default
Force Majeure
Broker Commission
Taxes and Fees
Documentation
Notices
Assignment
Confidentiality
Entire Agreement
Amendments
Severability
Governing Law
Jurisdiction
Dispute Resolution
Third Party Rights
Further Assurance
Counterparts
Indemnification
Environmental Compliance
Maritime Liens
Registration Requirements
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