Selling your boat
Be sure to write up a sales agreement with a statement in it that the boat is being sold as a used boat, where is, as is, and no warranty expressed or implied and with all defects that may exist. Also put a statement in the agreement that the buyer has completely inspected the boat and paperwork and is totally satisfied with both. Also state how and when the money will be paid and when ownership of the boat will transfer to the buyer. If there is a deposit, state under what circumstances the deposit will be returned to the buyer. If the buyer is coming from another location and sends a deposit to hold the boat, make sure that he understands that if he doesn't show, the deposit is forfeited. That part doesn't have to be in the sales agreement because it will probably occur before the agreement is reached. Close out the agreement with a statement that this agreement is a total record of the agreement and that it supercedes any statements verbal or otherwise that buyer heard or thought he heard. Buyers of big ticket items now-a-days seem to have a way of finding defects or faults later that they can get an attorney to come after you to fix or pay for. You want to make sure that the total sale takes place at your location so if they take the boat off to Arizona, they have to bring any legal action in your jurisdiction rather than getting home and suing you there. In all probablity, you won't have a problem at all, BUT if the buyer is of the type to pull something, you have yourself covered. You can be the most honest and forthright person in the world but with a crook on the other end, you WILL get screwed.
