Meanwhile back at the survey. If the survey is not quite 100%, maybe a weak spot in the hull or some dodgy problem which could fall under a definition of 'boat not fit for purchase' but which can be be fixed for [up to] say 5% of the agreed purchase price (on a £20,000 punt that would be £1000!) you the purchaser is obliged by contract to ask/demand that the seller fix it, but at the purchaser's expense, after which the surveyor rubber-stamps the fix and certifies the boat as "fit for purchase".
See notes on connivance of interested parties. Be assured the seller is [almost] never party to these shenanigans.
The purchaser is obliged to go through with a contracted purchase without any legal or financial recourse. I can guarantee from observation, research and talking to unqualified boaters who got burned thusly, you'll have bought a pup, a dog, and a-pig-in-a-poke all in one transaction. "Think Fast Buy Slow".
Once the boat is yours and the cheque cleared, so are ALL the inherited problems. It is entirely justifiable and eminently sensible to make haste slowly.
The 'normal' or usual way a marine surveyor proceeds is to go over the boat in the water "as seen". His "brief" is to find anything and everything affecting its 'fit for purpose' status which his client - YOU - could use to pull the price down!
Once the inside is done and the engine is tested at the moorings, the surveyor gets the yard to haul the boat out (at your expense!) so he can check the "wetted hull" provided of course that he is not on the yard's black list.
Canny purchasers might be able to use this haul-out IF THE BOAT PASSES SURVEY to steam-clean or pressure-wash the bottom, check or even replace anodes, examine blacking OR PAY THE YARD TO DO IT, thus securing maybe four years of happy boating before the boat it has to be hauled out again.
Be aware however that at law you are messing with someone else's boat and the charges come out of your pocket
Most surveyors are separately BSS certified and will [usually] include a Safety Certificate within the cost of a full survey if this is helpful or applicable. In Pentargon's case her BSC was due to run out in April 2012 so a bonus would come with the survey (provided it passed). The survey was in mid January but the BSC could be forwarded to it's expiry date. In the event it did not apply.
Pentargon's survey was eventually signed off in May after she'd been bottomed. The very best surveyors charge higher rates but you get a better product.
Buying a boat from a broker is outside credit card territory. Broker Marinas have separate accounts for sales, moorings, repairs, and fettlin 'n' fuellin'.
Your hard-earned may have to be moved to a current account to pay the balance by Cheque. Provided of course your potential purchase has passed it's survey. To reduce pissin about, you might consider getting a banker's draft: it might speed things up? ... Or not? ...
See notes on connivance of interested parties. Be assured the seller is [almost] never party to these shenanigans.
The purchaser is obliged to go through with a contracted purchase without any legal or financial recourse. I can guarantee from observation, research and talking to unqualified boaters who got burned thusly, you'll have bought a pup, a dog, and a-pig-in-a-poke all in one transaction. "Think Fast Buy Slow".
Once the boat is yours and the cheque cleared, so are ALL the inherited problems. It is entirely justifiable and eminently sensible to make haste slowly.
The 'normal' or usual way a marine surveyor proceeds is to go over the boat in the water "as seen". His "brief" is to find anything and everything affecting its 'fit for purpose' status which his client - YOU - could use to pull the price down!
Once the inside is done and the engine is tested at the moorings, the surveyor gets the yard to haul the boat out (at your expense!) so he can check the "wetted hull" provided of course that he is not on the yard's black list.
Canny purchasers might be able to use this haul-out IF THE BOAT PASSES SURVEY to steam-clean or pressure-wash the bottom, check or even replace anodes, examine blacking OR PAY THE YARD TO DO IT, thus securing maybe four years of happy boating before the boat it has to be hauled out again.
Be aware however that at law you are messing with someone else's boat and the charges come out of your pocket
Most surveyors are separately BSS certified and will [usually] include a Safety Certificate within the cost of a full survey if this is helpful or applicable. In Pentargon's case her BSC was due to run out in April 2012 so a bonus would come with the survey (provided it passed). The survey was in mid January but the BSC could be forwarded to it's expiry date. In the event it did not apply.
Pentargon's survey was eventually signed off in May after she'd been bottomed. The very best surveyors charge higher rates but you get a better product.
Buying a boat from a broker is outside credit card territory. Broker Marinas have separate accounts for sales, moorings, repairs, and fettlin 'n' fuellin'.
Your hard-earned may have to be moved to a current account to pay the balance by Cheque. Provided of course your potential purchase has passed it's survey. To reduce pissin about, you might consider getting a banker's draft: it might speed things up? ... Or not? ...
© MMXXiv
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e-mail the author
[email protected]
@poguemuhone.bsky.social
Publish at All Costs
Or at No Cost At All
