Help! Does anyone have a sample sales contract for a sailboat. I want to sale a 1987 sailboat and need an example to work with without going through a broker. In the area I live the minimum brokerage fee is 2,500USD which doesn't make sense considering the value of a smaller sailboat. I have seen very basic contracts , but I am looking for something more comprehensive that covers down payment commitments, surveys, sea trials, haulouts etc. PLEASE HELP. Thanks, Bob
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Not likely
That would be why the brokerage fee is so high... If the sailboat is worth so little (cash value) that $2500 is a high percentage of the cost, then it's not worth the rest of the nonsense, either. Sell the boat with a very simple agreement, "as is", for a cash amount or for specified payment arrangements. I just bought my new boat with a "sales contract" written on a sheet of notebook paper. Valid, legally enforcable, and perfectly effective - considering the sale price wasn't higher than the broker fee you list.
That would be why the brokerage fee is so high... If the sailboat is worth so little (cash value) that $2500 is a high percentage of the cost, then it's not worth the rest of the nonsense, either. Sell the boat with a very simple agreement, "as is", for a cash amount or for specified payment arrangements. I just bought my new boat with a "sales contract" written on a sheet of notebook paper. Valid, legally enforcable, and perfectly effective - considering the sale price wasn't higher than the broker fee you list.
give these folks a try
http://www.nolo.com/resource.cfm/catID/C9502B11-CF56-4AF7-9E2A8D8EA9FCF85E/111/277/257/ Services eForm: Boat Bill of Sale by Nolo Order online or call 1-800-728-3555 Security & Privacy Pub. Date: Apr 2006 Edition: 2.0 ISBN: 1-4133-0261-0 Email to a Friend View Product Details Requirements for Use eForm (RTF 7 KB) Download this electronic form and fill it out instantly. Includes instructions. No shipping fees. Download Instructions. List Price: $14.99 Our Price: $9.99 You Save: $5.00 F57S5 This form also available in: 101 Law Forms for Personal Use eBook contains this form and 105 others! Available for download immediately after purchase. Requirements for use. List Price: $29.99 Our Price: $22.49 You Save: $7.50 SPOTC Summary System Requirements Summary This bill of sale covers boats of all kinds, as well as helpful notes about the details of the boat, engines, electronics and other equipment that are to be part of this transaction. Be sure to read the full instructions for this form before proceeding. We recommend an inspection and disclosure of all defects before finalizing the sale. Important to Know: If you’re the buyer and you don’t know the seller personally, check with the motor vehicles department where the vehicle is registered to be sure no one else claims an interest (lien) in the boat. Why Use Nolo Documents? Our downloadable forms are always the most current available -- and they provide the plain-English legal and business information, advice and alerts you need to use them effectively.
http://www.nolo.com/resource.cfm/catID/C9502B11-CF56-4AF7-9E2A8D8EA9FCF85E/111/277/257/ Services eForm: Boat Bill of Sale by Nolo Order online or call 1-800-728-3555 Security & Privacy Pub. Date: Apr 2006 Edition: 2.0 ISBN: 1-4133-0261-0 Email to a Friend View Product Details Requirements for Use eForm (RTF 7 KB) Download this electronic form and fill it out instantly. Includes instructions. No shipping fees. Download Instructions. List Price: $14.99 Our Price: $9.99 You Save: $5.00 F57S5 This form also available in: 101 Law Forms for Personal Use eBook contains this form and 105 others! Available for download immediately after purchase. Requirements for use. List Price: $29.99 Our Price: $22.49 You Save: $7.50 SPOTC Summary System Requirements Summary This bill of sale covers boats of all kinds, as well as helpful notes about the details of the boat, engines, electronics and other equipment that are to be part of this transaction. Be sure to read the full instructions for this form before proceeding. We recommend an inspection and disclosure of all defects before finalizing the sale. Important to Know: If you’re the buyer and you don’t know the seller personally, check with the motor vehicles department where the vehicle is registered to be sure no one else claims an interest (lien) in the boat. Why Use Nolo Documents? Our downloadable forms are always the most current available -- and they provide the plain-English legal and business information, advice and alerts you need to use them effectively.
sales contract
I agree with Matt B. I have bought and sold several sailboats and with the exception of my Catalina 30 have NOT used a sales contract. Here in California you need to sign off on the boat AND the trailer AND it's a GOOD IDEA to send in the relevant document to the DMV to verify that the boat and trailer is no longer owned by you or in your name. Novelman
I agree with Matt B. I have bought and sold several sailboats and with the exception of my Catalina 30 have NOT used a sales contract. Here in California you need to sign off on the boat AND the trailer AND it's a GOOD IDEA to send in the relevant document to the DMV to verify that the boat and trailer is no longer owned by you or in your name. Novelman
Broker
Don't blame you for wanting to get away from a broker. Around here they charge 10% of the sales price==and in most cases for nothing much in return. There are a FEW good ones, though. Is there something like a "Buy Owner" for boats===if not their needs to be.
Don't blame you for wanting to get away from a broker. Around here they charge 10% of the sales price==and in most cases for nothing much in return. There are a FEW good ones, though. Is there something like a "Buy Owner" for boats===if not their needs to be.
Jay Stormer Or Dick Frenzel
Bob, I have a contract from a reputable broker here in California, would not do you much good in Texas though. Get in touch with Jay Stormer, he is a great guy, and would likely have a sample, or can steer you in the right direction; Dick, his partner is another stand-up guy too. Jay: 281-330-9966 www.dixielandmarine.com He's in Kemah, if he cannot help with this problem, no one can. Very valid question, good luck!
Bob, I have a contract from a reputable broker here in California, would not do you much good in Texas though. Get in touch with Jay Stormer, he is a great guy, and would likely have a sample, or can steer you in the right direction; Dick, his partner is another stand-up guy too. Jay: 281-330-9966 www.dixielandmarine.com He's in Kemah, if he cannot help with this problem, no one can. Very valid question, good luck!
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