Must New Owners Pay Old Yard Bills?

By
Melanie Neale
-
Published:
0
Unless otherwise specified, the new owner is responsible for all yard bills and costs associated with the launching of their new boat.
Unless the Purchase and Sale Agreement or the Acceptance of Vessel forms specify otherwise, the buyer is responsible for any work that is done to the boat after the closing date, including rigging and splashing. If you are selling privately, it’s important to use the verbiage “as is, where is” in the wording of your […]
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