pheran
New member
When buying a 'previously enjoyed' boat, how do you ensure that it is not subject to some finance agreement or lien that could see you parting with huge lumps of wonga to someone when its not their's to sell? I know the Part 1 gives some protection but supposing the boat isn't registered. In the past, I have relied (somewhat naively I guess) on the brokers assurances. But how did he check? And what about buying privately, or abroad? Clearly a previous Bill of Sale will provide some assurance as to ownership but that doesn't mean there isn't finance outstanding. What do I do to avoid sleepless nights?