LEGAL PROCESS AND SURVEYS
Once you’ve found a suitable boat, the next stage is tomake an offer, subject to a satisfactory survey, evidence of title, financeapproval (if appropriate) and evidence of VAT paid status.
A written contract is vital at this stage, and is usuallyaccompanied by a 10 per cent deposit. If the boat is sold through a brokerthat’s a member of the Yacht Brokers Designers and Surveyors Association, then the YBDSA contract should be used. Alternatively,the RYA has a standard contract that members can download via the association’swebsite. New boats in the UKwill normally be sold under the British Marine Federation’s standard contract. 书面合同在这阶段非常重要，通常包括10%的预付款。如果船通过隶属于（帆船经纪人设计者和检测者协会YBDSA）的会员经纪人销售，那么应该用YBDSA的合同。或者，RYA有标准合同供其会员通过该协会网站下载。在英国，新船通常用不列颠海事联盟标准合同销售。
The purpose if this contractual process is to protectagainst potential pitfalls, including whether the vendor is actually the legalowner and whether there are any charges such as unpaid mooring fees, repairbills, loans or marine mortgages that third parties may have levied against thevessel.
It’s also important to recognise that, unlike offering tobuy a house in the UK,your offer becomes legally binding at this early stage, usually with arequirement to complete the purchase within 14 days. Given the legal obligationto complete the purchase, insurance should be in place when the contract issigned.
If the survey finds materialdefects that would in aggregate cost more than around 10 per cent of thepurchase price to repair you have a number of choices. These includerenegotiating the price (often the estimated repair costs are shared betweenbuyer and seller), asking the seller to make good the damage to the surveyor’ssatisfaction, or withdrawing from the purchase.