Boat Sale Agreement

Seller

Buyer

The deposit is payable on signing this Agreement. The balance is payable on or before the date above, at which point ownership passes to the Buyer. Payment method: .

The Seller confirms that, to the best of their knowledge:

• they are the legal owner of the vessel and have the right to sell it;
• the vessel is sold free of any outstanding finance, mortgage, lien or charge;
• the vessel is not stolen and there are no undisclosed disputes over ownership.

Unless otherwise agreed in writing, the vessel is sold “as seen, tried and approved”, with all faults. The Buyer confirms they have had the opportunity to inspect the vessel and/or commission a survey and sea trial, and buys on that basis. Any warranties not expressly stated here are excluded so far as the law allows (this does not affect a consumer's statutory rights where the Seller sells in the course of a business).

Agreed exceptions / conditions: 

On payment of the balance in full, the Seller will hand over the vessel, its keys, and all documents (registration, service history, manuals and any certificates). Risk in the vessel passes to the Buyer on handover; the Buyer is responsible for insurance from that point.

This Agreement is governed by the laws of England & Wales.