KenMcCulloch
New member
You would think that, wouldn't you? Our experience buying our present boat however provides a counter-example. The broker, part of a well known brokerage company, was utterly ignorant of the distinction between joint ownership (where all the owners jointly own the whole boat), and co-ownership with defined shares. It was only by dealing directly with the sellers, whom I knew well, that we were able to correct the broker's error. In this instance, in my opinion they made their commission under false pretences.4) A brokered sale SHOULD have the paperwork done properly, and protect both buyers and sellers interests. Usually when we see weird or completely missing documentation it is because of a private sale previously.