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.
A veteran sailor brings celestial navigation skills to a motoryacht’s transatlantic passage.
Bearings From The Editor’s Desk
Nordic Strength Meets Yamaha Power
Palm Beach’s Newest Space Ship
The company is scaling up production on its innovative replacement to marine plywood derived from 100 percent recycled plastic waste.
Sprains, strains and fractures are common onboard injuries, each with specific treatments.
The big puma from a powercat pioneer
We walk you through hull number 3, one of the first in the states.
The three-stateroom model is a sophisticated and stylish little ship.
Essential Boat Pre-Departure Checklist for Cruisers
