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What Typically Goes with the boat in a sale?

Old 06-18-2019, 05:45 AM
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Default What Typically Goes with the boat in a sale?

Hey Guys...I am under contract to sell my boat. What is typical to leave on the boat for the new owner? There is nothing in the contract that identifies any inventory. The buyer got a little nit-picky so I plan to be fair but not generous. Thanks as my broker seem to want me to leave my lines, fenders (oversized, fleece covered) and a CG kit. Thanks.
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Old 06-18-2019, 05:51 AM
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Usually there is a section in the contract of what is included, where you can make an itemized list. If the contract says nothing I would assume nothing.
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Old 06-18-2019, 05:58 AM
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Whatever is stipulated in the purchase agreement. There is no standard. Can be everything including a dock space or nothing at all; just hull, motors, electronics, and anything bolted to the hull.

If you are the buyer or the seller CYA and get it / put it in writing. This manages expectations and keeps everyone happy.
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Old 06-18-2019, 05:59 AM
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In our purchase agreement, the seller and I (buyer) agreed to list out the life jackets, fenders, dock lines, and safety equipment.
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Old 06-18-2019, 06:10 AM
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/\ /\ /\ /\ /\ /\ /\
What they said.
Entirely up to you if not specified in the contract and not attached to the boat.
You can be what you see as fair or keep what you'd like to have on the next boat (Fenders, lines, etc, etc) or a little of both
Fourth option is to assume nit-picky buyer is treating people as he would like to be treated and nit-pick your ass off
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Old 06-18-2019, 06:38 AM
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Other option is to consider that the buyer assumes the sale of the boat includes all equipment on the boat except for personal items. I am sure the contract doesn’t specify a motor but obviously the motor would be included. So the question might be-do you want to blow a sale for a couple hundred dollars worth of accessories?
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Old 06-18-2019, 11:35 AM
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what you see is what you get if there is no explanation prior to the sale
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Old 06-18-2019, 01:42 PM
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Whatever was there when the buyer saw the boat unless you said something to the contrary that day.
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Old 06-18-2019, 03:19 PM
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I agree with the others about whatever the agreement says is what is included and if nothing has been written un, then it is just the hull and items such as motors and electronics that are physically attached to the boat, the only loose items that would be included are things that are integral to the operation of the boat or its systems like wireless remotes for lights/autopilot/radio/etc and keys. This would especially be the case if the boat was shown by the broker while still being in service by you vs on a lot or blocked up in a yard. Woth a broker involved I'd assume you were not present when they saw the boat so you don't know for sure what was promised or told to them by the broker about the contents of the boat but it's not your problem either, it's the brokers and he can buy them some lines and fenders and safety equipment if he told them those things would come with it.

You can also think about it from this perspective as well, if the sale agreement doesn't include any named items be included, then by the time the new owners take possession of the boat and find out those things are not there, the sale will have closed and you will already have your money and their only reasonable and legitimate repercussions will be as unhappy customers of the broker.
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Old 06-18-2019, 05:28 PM
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Here's another perspective. If your boat is a constructive total loss, and your insurance company pays you policy limits, then the boat belongs to the insurance company and all "boat equipment" goes with it. Electronics, life jackets, flares, anchors, dock lines, etc. You only get to remove "personal equipment." Fishing tackle, linens, dishes, foul weather gear. Tools can go either way. If it is required to operate, navigate, or maintain the boat then it is boat equipment and goes with the boat. So "lines, fenders (oversized, fleece covered) and a CG kit" would go with the boat.

Looks like your broker screwed up here and didn't write a very good contract. Perhaps you should suggest that the broker give up a little $$$ to make everyone happy.
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Old 06-18-2019, 06:04 PM
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Originally Posted by kicker30 View Post
I agree with the others about whatever the agreement says is what is included and if nothing has been written un, then it is just the hull and items such as motors and electronics that are physically attached to the boat, the only loose items that would be included are things that are integral to the operation of the boat or its systems like wireless remotes for lights/autopilot/radio/etc and keys. This would especially be the case if the boat was shown by the broker while still being in service by you vs on a lot or blocked up in a yard. Woth a broker involved I'd assume you were not present when they saw the boat so you don't know for sure what was promised or told to them by the broker about the contents of the boat but it's not your problem either, it's the brokers and he can buy them some lines and fenders and safety equipment if he told them those things would come with it.

You can also think about it from this perspective as well, if the sale agreement doesn't include any named items be included, then by the time the new owners take possession of the boat and find out those things are not there, the sale will have closed and you will already have your money and their only reasonable and legitimate repercussions will be as unhappy customers of the broker.
Disagree, any boating equipment essential to the safe operation of a boat not specified as personal is a part of the sale.
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Old 06-18-2019, 06:32 PM
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I give it all to them. Then when you get a new boat buy all new stuff
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Old 06-19-2019, 04:21 AM
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When I sold my last boat, all that went was the Boat. When you purchase from a dealer, everything is extra...CG pkg, anchor, chain, rode, etc. I was pruchasing another boat, so I wanted it for the new boat. You pruchased it, you own it. I sold a boat, not a marine package as well.
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Old 06-19-2019, 04:35 AM
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I listed my last boat as "turnkey ready" and included a full compliment of lines, 4 PFD's, throwable, fenders, etc. Basically everything needed to be legal minus flares. Stuff was all in good shape, just wanted to start fresh on the next boat. Also seemed to help move it quick.

Doing that isn't standard or customary, but does have it's advantages when listing.
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Old 06-19-2019, 09:31 AM
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Thanks, guys. Nothing was listed. I am going to go with basic safety gear, two fenders, and 4 lines. It seems to be fair especially for a buyer who asked me to replace wiper blades.
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Old 06-19-2019, 09:55 AM
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Originally Posted by waytooslow View Post
So the question might be-do you want to blow a sale for a couple hundred dollars worth of accessories?
This stuff adds up quick. I'd say a thousand or two, not hundreds

Originally Posted by Sammylulu View Post
Thanks, guys. Nothing was listed. I am going to go with basic safety gear, two fenders, and 4 lines. It seems to be fair especially for a buyer who asked me to replace wiper blades.
That's what I would do.
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Old 06-20-2019, 06:31 AM
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Let us know how this comes out. That is, any pushback at closing.
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Old 06-20-2019, 06:37 AM
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Just my $.02

I would leave what they need to be USCG compliant. Flairs, flare gun, orange life vests (i would take the nice ones), enough dock lines to tie up, anchor and line, any boat specific parts such as fuel filters and impellers, a few fenders, anything bolted to the boat such as fender holders, TV etc.

Dinghy and outboard are not typically included.
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Old 06-20-2019, 06:38 AM
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Originally Posted by Sammylulu View Post
Thanks, guys. Nothing was listed. I am going to go with basic safety gear, two fenders, and 4 lines. It seems to be fair especially for a buyer who asked me to replace wiper blades.
Sounds like this guy operates by waring people down. Do you want him chasing you after the sale?
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Old 06-20-2019, 07:50 AM
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Originally Posted by waytooslow View Post
Other option is to consider that the buyer assumes the sale of the boat includes all equipment on the boat except for personal items. I am sure the contract doesn’t specify a motor but obviously the motor would be included. So the question might be-do you want to blow a sale for a couple hundred dollars worth of accessories?

I'm guessing the motor probably is identified in the contract and probably includes the VIN if an outboard but regardless it is bolted to the boat so it's not really in question unless explicitly excluded from the sale.

All I can say is that when I was shopping, I asked on every boat I was interested in what was included in the sale but it sounds like there was not discussion here.

I agree with the OP's plan of basic USCG required equipment, 2 fenders and dock lines.
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