Yacht Purchase And Sale Agreement: Fill & Download for Free

I would argue that the first question should be: Where do you buy your boat? After you sort that out, then the question of what boat to buy becomes a little simpler.The availability of boats and therefore the cost effectiveness of one brand over another depends on location. Not suprisingly, European built boats are more available and generally cheaper in Europe than in the US and vice versa. Your desire to cruise the Mediterranean suggests buying in the Med and hence focusing on European built yachts, but . . . not so fast:Buy in the Med. Buying a boat that is a long distance from your home can run up costs that add no value:Travel. The internet makes searching for a boat anywhere in the world relatively easy. But unless you plan to buy the boat sight unseen, you will have to travel to the boat. Further, you have to plan to see more than one boat; after all, how likely is it that you will want to decide on one boat without seeing other boats on the market? After selecting a boat and negotiating a purchase and sale agreement, you will want to do a sea trial and have the boat surveyed; creating a second trip or an extended stay from the first trip. Next, if you commission any work, then you will have to travel to manage that project or extend your stay from the second trip.Provisioning. Provisioning a boat long distance can also add costs. If you buy in the Med, then you face VAT on whatever you buy locally to provision the boat. If you buy in the US (presuming you live there) you will avoid the European VAT, but will incur shipping costs and the hassle of managing shipping (getting it through customs, etc.).VAT on the Boat. If you search for boats on the internet, then you might notice that boats in Europe nearly always report whether the are "VAT paid" or not. This is the value added tax and is due on any boat purchased in Europe for use there. Boats with VAT paid will cost more than an identical boat with VAT not paid. If you purchase there with the intent to leave (and do not overstay whatever the current limit is on visiting yachts), then you can avoid that tax, assuming that it is not already paid (it is only owed once in its life). So here's the deal: if you buy a yacht VAT paid and don't need it, then you will be paying more for the yacht than you would otherwise. Alternatively, if you buy a yacht anywhere in the world and bring it into European waters and overstay the limits on visiting yachts, you will owe VAT, which can run to 18% of boat value.Buy in your Home Country (outside Med). If you live outside the Med, then your alternative is to buy close to home and then get the boat from there to the Med. This also has some costs and benefits.Finding and Buying. There is a lot to recommend buying a boat close to home, if you are lucky enough to live in or near a city with an active boat market. The cost of finding the boat, arranging and managing the survey and arranging and managing any work on the boat falls dramatically. Provisioning also gets a lot easier. And your shake-down cruises can be close to home, which is good if things don't go quite as you expected. This, however, needs to be traded off against . . .Getting the Boat from Home to the Med. If you are a relative novice sailor (or novice to blue-water sailing), then you may not want your first cruising experience to be crossing the Atlantic. On the other hand, starting your cruising life close to home and working up to an Atlantic crossing by cruising the Caribbean first, is not exactly tough duty.Whew! That was a lot and we haven't even got to which boat yet. So . . .A Really Small Boat. 25 feet is an awfully small boat. There are a number of "pocket" cruisers in this range, but it's tough to do extended cruising on a boat this small. Where do you put the dinghy? the outboard? extra fuel for dinghy and auxiliary engine? etc. etc. Go to a a boat show and sit inside a boat of 25 feet and then one of 35 feet. There is a reason why there hasn't been a production 25 foot blue-water cruiser built in the last fifteen years.However, if you are hard over about living aboard a 25' boat, consider the Flicka, which was built by Pacific Seacraft (for part of its life), a builder known for quality. This proven blue-water cruiser was featured in "The World's Best Sailboats", by Ferenc Mate.OK, Maybe a Little Larger. For an extensive list of blue-water capable small boats in the 25 to 35 foot range, look at the Good Old Boats List, compiled by James Baldwin, who, since 1987, has cruised aboard his sailboat Atom, a 28-foot 1963 Pearson Triton.Full Disclosure. We bought our first boat in Europe. We bought it new, so we faced fewer issues with traveling for boat selection. We also bought it for export, so we did not pay VAT, but had to manage our stay in Europe so as not to overstay the then-current limits on visiting yachts and trigger VAT.

I'm not an aviation attorney (although I did sleep at a Holiday Inn...) but I've owned a few aircraft, and know enough to say "it depends"...There are lots of questions here, which may or may not make a difference in answering your question...It's highly recommended that the buyer hire at least an A&P for a pre-purchase inspection, even if the aircraft has a recent annual in its logbook.Did he do this, or rely on your promise the plane was airworthy?Was there a written statement on the sales agreement that the plane was airworthy? A warranty? Most folks selling anything from a car to a yacht will specify "as-is, as shown, with no warranty expressed or implied". This is common sense for someone selling anything.A plane can be made not airworthy in a heartbeat, like a blown lightbulb, or a failed vacuum pump. After six months of ownership, the buyer shouldn't blame either you or the guy who did the last annual. Unless...If an AD wasn't done when required, or something like a frayed control cable wasn't caught prior or during the last inspection, issues of liability come in. You had no clue, but the inspector who did your annual may be at fault. The plane's new owner has an issue with him, not you...I have been an AOPA member for decades. They have good and specific legal help. Better than mine, but I tried...

SARC ON!Exclusive for Quora: Brand New Russian Board Game “Oligarchy” with Complete (un)Rules!After Kremlin outlawed baby male names that start with the letter “V” (only for commoners; rich are exempt), officials racked their brains for more things to ban.When visiting Children’s World store in Barvikha with his son, a nanny, a British governess and a six-foot supermodel, minister of RusConsumeWatchdog beheld Bad Westernsky Monopoly board game.The minister rubbed two brain cells together, and a Soviet light bulb went on in his bald head.“I shall oust you from the wind-swept planes and arctic oceans of the Motherland, bourgeois aberration! In its stead, sacred Orthodox game anointed by Patriarch Kirill shall be introduced to the tune of five billion rubles from the federal budget, equally divided between me and the others, to educate young people in intricacies of tsarsky-oligarchsky system. I shall name the import substitution Oligarchy!” solemnly pronounced the minister.Without further ado, I’m happy to present the new game to you, Gentlesky Westernsky.Oligarchy (game)Players roll two six-sided dice. Both are loaded and keep falling either on one or six depending on the fine motor skills of the players and pre-game arrangements.Cash is in Russian rubles therefore subject to runaway inflation. After the first round, your cash pile is worth 30% less; after three rounds you might as well burn the whole thing in the oven to stay warm.You’re advised to ask your parents to exchange your rubles for US dollars, Euros, or Swiss Franks to improve your odds of winning the game.There are 5,000 ruble notes, approximately $4 USD; the lower denomination bills are weighed, not counted. You might want to ask your dad to lift stacks when purchasing a pricey property.The white token is modeled after holy oligarch Vladimir Potanin’s fourth super-yacht.The green token is modeled after grotto house holy oligarch Vladimir Doronin gave away to his girlfriend Naomi Campbell.The blue token is modeled after FC Chelsea, the greatest Russian export since Sergey Brin.Whoever pays ten thousand rubles upfront goes first, counter-clockwise to confuse bourgeois pigs who are watching us through their Internet.If the player lands on an unowned property, he should ask the government if he can buy it. He can take part in a secret auction and buy it for one ruble. Otherwise, the government accepts foreign currency (ask parents for donations) and can take the property back at any time randomly.If the property is already owned, or mortgaged at a 7% interest rate and 20% annual inflation, learn your krav maga, hide in London, or go to jail.A player is sent to jail for random reasons that include but not limited to:Refusing to sell your property to your with better connections, bankruptcy, drawing a Go to Jail card from Communist Chest (twenty out of twenty-five cars send you to jail).You can easily get out of jail in exchange for your daddy’s car keys, pay a $50,000 fine, get traded for a captured Russian arms dealer, or surrender all your cash to your opponent.You can collect rent from the mortgaged property without paying taxes if you strike under the table agreement with your opponent. The mortgage is for twenty-five years and with inflation, no re-financing going to make it economically feasible. Maybe you strike oil or gas under your property and sell it to Gazprom.When a player is bankrupt, he goes to jail or escapes to London. If he still has assets left they will be confiscated by the state and the opponents. When a player lands on Luxury Tax, it means he has to pay a big bribe. When a player lands on Income Tax, means it’s a small bribe.Let’s take a look at properties. The Blue group belongs to Chechens. Unless you are a Chechen you can’t own it. Next, are Russia’s green technologies: Gasprom, Notmickel, Rosneft. You can land on space President to become president’s son-in-law or bodyguard and buy a stake there.Following groups are government properties interspersed with FSB spaces that have two types of cards - raiding and donations. None of the properties are for sale but they will have your money.In the end, you have a brown group of properties for sale - a Fitness Center in Salarievo, a Fitness Center in Mukhosransk, and a Soviet canteen in Vladivostok. You can buy them, mortgage them but can’t sell them back. They are not worth much, but you can watch oligarch’s escapades in your daydreams.I hope you will enjoy playing Oligarchy!