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Purchase And Sale Agreement

Good Faith

Most purchase and sale agreements stipulate that your deposit is due once the seller accepts your written offer. The amount is normally 10 percent of the contracted price, and typically, it must be received into the broker’s trust account within three business days.

A side three-quarter view of a large, rugged expedition trawler named "PAUL JOHANSEN" cruising through calm open water. The vessel features a dark blue hull creating a white wake at the bow, paired with a cream-colored superstructure and a high pilothouse. A tall central mast holds multiple radar domes and communication antennas, while the upper deck carries a white tender and a bright yellow kayak. An American flag flies from the stern under a grey, overcast sky.

Straight Life

Once a rescue craft, this Norway-built steel trawler is the ticket to ride for a venturesome crew.

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