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Found 2 results

  1. 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
  2. What's the reality with a missing RCD? I have read about what boats are exempt from needing one (to be sold). there's a boat I'm interested in that is definitely not exempt, but the only document the broker is sure he can get is a probate order relating to the boat. If that's all in order, then obviously establishing bone fide legal ownership of the boat is not a worry. And a missing BSS is also a straightforward issue to get my head around (obviously there's a cost there, and it could reveal a host of troubles if the boat is not BSS worthy but that last seems unlikely in this case). But the missing RCD...? I know the issue is when you come to sell on, and that if you are in need of selling a buyer could use it to beat you down on price. Is that about the long and short of it? I know it might be a chance to get the boat for a better price, but I think it's a boat that will sell fast, as it happens, and that I'd like... The asking price seems about right so it's not about leverage - but I don't want to do something that would have bad implications for me down the line. DISCLAIMER: Sorry, another noob question. Feel free to ignore it!
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