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.
Outer Reef announces the 540, its second Adventure series model
Cruising the Down East Circle Route on a Krogen Express 52
Gift Ideas for Boaters 2025
Proportional throttle, soft docking, and joystick precision make docking a non-issue.
Proper fuel management is key to hassle-free, long-range power cruising.
A short film on the Western Flyer
The Omikron OT-60 is an elegant, Mediterranean island-hopper, and surprisingly more.
Smart, removable chocks for safer, clutter-free tender stowage.
The steel Doggersbank 67 Heritage recently launched at Altena shipyard in the Netherlands.
Abandoning ship should be a last resort, not a way to handle predictable challenges.
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