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.
Things can move surprisingly fast between making an offer and closing the deal.
That is the question, and it vexes all trawler lovers—especially at boat-show time.
PM’s brokerage expert Jeff Merrill explains how a maritime attorney can help you understand the legal aspects of trawler ownership.
Be as sure about financing and expenses as you are about the trawler you’re buying or selling.
Insurance shouldn’t be an afterthought. It should be a top priority in any trawler purchase.
Forget the 5 percent rule. You’ll give up many other things to pay the price, whatever it is. Love always finds a way.
There’s pleasure in any boating adventure, but for some, it’s better—and safer—to be able to get to your destination a little quicker.
Preparing your team and documents before making an offer on a trawler will save you time and hassles.
AIS networks are a mighty addition to any onboard suite of electronics. They have significant value, but also limitations.
Video Podcast
If you give your engine and generators regular love and attention, they won’t let you down.
A loft-like open layout and a choice of power-train options let buyers choose their own adventure.
Dickie Walker stands proudly as a blend of rugged seaworthiness and luxury design.
Twin 1,000-hp Volvo Penta D13s and 285 nautical miles of range give the new Absolute 70 Fly the room and speed to roam.
After more than 500,000 nautical miles as yacht delivery captains, Assen and Nikolay Alexandrov are still bringing boats home.
A Titan of Marine Journalism
Windlass and ground tackle maintenance can make all the difference in an emergency.
Good seamanship means using every available tool, but never relying on any one alone.
