Apologies for reviving an old thread; I find it better that creating a new thread that follows a similar question.
I currently hire a boat once a year, but will be looking to increase that in the next five or so years.
(I actually have an opportunity to take on a 72ft Colecraft trad with lister JP2M engine, but that's way too much for me in many respects!)
Reading through this thread, it seems that private syndicates are the way to go, IF you strike lucky with a good bunch of shareholders.
On this basis, do syndicates tend to keep minutes of their AGMs? My thinking is that by seeing previous minutes, I could sniff out any trivialities that end up taking centre stage, serving as a warning of what may come.
Also, what is the policy about letting family members etc use the boat? If I'm going to own something, I'd prefer it not to be 'let' to people who effectively have no accountability.
When the boat is handed from one owner to the other, in the way hire car companies do, do shareholders tend to do a visual inspection and note down any defects etc they find, reporting them before the weeks cruising begins?