Iain C
Well-Known Member
Happy 2018 everyone!
Following on from this thread...
http://www.ybw.com/forums/showthread.php?487617-Oh-no-another-quot-which-boat-quot-thread
...I'm excited to say that I'll be shortly be completing the deal on a Bavaria 32. I want to understand legally what paperwork etc I need to complete the transaction. It should in theory be as simple as it gets...it's a boat belonging to another member of my club, so there's no brokerage involved, it's a cash (bank transfer) sale (deposit already paid).
So question 1 is what paperwork do I need to get signed to transfer ownership? Bill of sale? Does this have to be in a specific format?
Question 2 is what else do I need to do immediately? Obviously I need to insure her in my name and presumably amend CG66 details, and get the MMSI and SSR info changed. Anything else?
Question 3 is around a name change...I don't like the current name for a number of reasons, so once I've decided on a new one I'll want to get that sorted. So, I'm thinking insurance company, CG66, SSR, MMSI, and of course the physical name change on the boat. Anything else?
Question 4 is sail number...she does not seem to have a sail number, either builder's chronological number or RYA issued GBRxxxx number. I suppose I should check with the RYA just in case it's been issued but numbers have never been stuck on the sail. However assuming there is nothing registered, how do I do this? I'll be doing the odd club race and the RTIR so could do with one ideally.
If there's anything else I've missed do please let me know...I guess these questions must get asked a lot!
Following on from this thread...
http://www.ybw.com/forums/showthread.php?487617-Oh-no-another-quot-which-boat-quot-thread
...I'm excited to say that I'll be shortly be completing the deal on a Bavaria 32. I want to understand legally what paperwork etc I need to complete the transaction. It should in theory be as simple as it gets...it's a boat belonging to another member of my club, so there's no brokerage involved, it's a cash (bank transfer) sale (deposit already paid).
So question 1 is what paperwork do I need to get signed to transfer ownership? Bill of sale? Does this have to be in a specific format?
Question 2 is what else do I need to do immediately? Obviously I need to insure her in my name and presumably amend CG66 details, and get the MMSI and SSR info changed. Anything else?
Question 3 is around a name change...I don't like the current name for a number of reasons, so once I've decided on a new one I'll want to get that sorted. So, I'm thinking insurance company, CG66, SSR, MMSI, and of course the physical name change on the boat. Anything else?
Question 4 is sail number...she does not seem to have a sail number, either builder's chronological number or RYA issued GBRxxxx number. I suppose I should check with the RYA just in case it's been issued but numbers have never been stuck on the sail. However assuming there is nothing registered, how do I do this? I'll be doing the odd club race and the RTIR so could do with one ideally.
If there's anything else I've missed do please let me know...I guess these questions must get asked a lot!