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.
The crew of Celt, a Nordhavn 43, explore Australia and Indonesia on their multiyear circumnavigation.
All the right things, in all the right places.
Bearings from the Editor’s Desk
Devising a safe, easy way to get our dog on shore from an anchorage required some innovation.
Before you go to sea, know how to access telehealth services, acquire medication refills and get medical care.
Planning for loss of steering and engine control requires familiarity, not new equipment.
A set layout is paired with an impressive list of standard equipment on a proven hull design.
When you can’t go any faster or slower, there are other options to help you arrive safely.
Let’s bring back these nautical words and terms. They’re better than the way we communicate today.
Once a rescue craft, this Norway-built steel trawler is the ticket to ride for a venturesome crew.
