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Showing results for tags 'bill of sale'.
Found 4 results
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Hello hello, we are currently working on buying a boat that's listed by Hartford Marina. We have gotten to the point where all that is left it to complete the purchase. Our broker has said that he will email the bill of sale to us once the payment is received. We have never bought anything substantial before, but were under the impression these things needed to be done face to face? We are based in London at the moment so it is far to travel--probably why the broker offered to do it electronically. Could anyone tell us what their experience is? Thank you, Micha
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Hi All I'm not new to boating but the guys who want to buy my boat are, so I hope I'm posting this under the correct topic. When I purchased my boat the bill of sale from the brokers was 1 1/2 pages long; a friend of mine who sold her boat in 2017 used a one-page doc. My boat's buyers sent me a ten page (yes, 10) template which they downloaded from the RYA website which to me seems excessive, by being unduly minutious and I think not reasonable for this section of the boat market. I'm attaching the one bill sale from my friend here (photo) and the ten page template I was sent by my boats buyers (word format). Could it be that this RYA document was intended for really boaty boats, including multi million pound vessels? Obviously there's a mention of a "sea trial" and "necessary crew", but also there seem to be provisions to stop the seller from disappearing into the wide open sea after getting the payment as well as a few others odd bits. Anyone care to opine and even posting redacted templates of the bills of sale you have used?bill of sale redacted.docx Many thanks
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Hello again So the situation from here changed for the better ? I let the buyer who wanted the ridiculously large contract go a few weeks ago (a contract from a template which he also altered!!) and now I have two cash buyers interested in the boat. I do not require a deposit and neither of them require a survey, so what would be the best and easiest way to conclude this deal? Both buyers would require the boat to be delivered a long way away from where it is now, which I am very happy to oblige as it will be a sort of farewell to my beloved vessel, but I do not wish to have that on the contract, and I am only willing to take off after the money is in my account. I will leave naturally all the paperwork from when I originally purchase the boat with them, but as I may leave the country next year I want to make sure they will have a solid contract should they wish to sell the boat on later. I also obviously want to make sure that I don't have any problems. So I'm thinking: 1. I fill the simple bill of sale similar to the one from a friend of mine I'm posting here (but without the "and delivers to" bit) and post it to the buyer. 2. He fills his bit. 3. He wires the money to my account. 4. From the moment I check the money is in my account the boat is his, and I notify the Canal and River Trust and the insurance company. Am I supposed to have a copy of the bill of sale or do we both fill and sign one copy for each? Am I missing stuff? This bill of sale does not say anything like "upon receipt of funds". Please let me know what you think. Thanks
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I'm looking to purchase a boat privately and at a price that promises to be attractive, but there are alarm bells I don't know much about the boat yet no broker involved seller of one boat is in a big hurry (with a feasible excuse) I asked a random broker and "my" boatyard if they would act for me as purchaser, and they don't do that. The broker helpfully warned me to be very careful (!). I would have a survey, and I know I need the Bill of Sale... but I'm not sure I would know whether the paperwork was valid. I looked at and I see the warnings, > Ask for the Bill of Sale and recent invoices before anything else. Make sure there are no glitches. > The broker is interested in your money, first and foremost. Where money is involved, assume nothing. > I would rather make a private purchase where there is paperwork (licence invoices, the mooring invoice etc etc) all in the sellers name and at his address [...] get him to take you to his house to sort out the paperwork. > There are plenty of ways of showing 'ownership' evidence but a broker has no incentive to pursue them, [...] and the link to http://www.stolenboats.org.uk/Welcome.aspx and more warnings at https://www.canalworld.net/forums/index.php?/topic/109215-sunken-narrow-boat/&do=findComment&comment=2572753 Also what would I need to know about VAT status? I'm guessing the RCD, to the extent it might apply, isn't going to protect me; but being an honest chap I would need to comply if one day I sell it on.
