Originally Posted by Wendi
Pat, that is what I am trying to create in the contract
. The reasonable expectations. But how to make that into legaleeeeze, well that is hard.
I think the boat is a great deal, is fairly new, and I don't want any surprises. If you could create this expectation of reasonableness, how would that be expressed on a contract
? Any ideas?
Wendi, from reading I understand you are looking to purchase
a boat for over 300'000 EUR in Spain
Get a good surveyor
probably something like 3000 EUR, for this money
he/she should deliver a first class report.
If you can't find one in Spain
, or there is a language problem, fly in someone from UK, this might cost you an other 1000 EUR including flight and lodging
Engage a lawyer to make the contract, lets say an other 2000 EUR, he / she can make the contract according to Spanish law and hopefully all aspects will be covered, depending how well you brief the lawyer.
All in all you spend 6000 EUR for professional services .... Or 2% of the amount you are prepared to spend on your new boat.
I bought without survey
, but the value of my boat was one zero less than yours, and I knew I had to spend a substantial amount to upgrade anyhow. As it turned out, I exceeded "my" budget
in no time with some "unexpected" issues.... Still fine for me because it is within acceptable limits and she is a 25 year old boat. With a boat in your price
category I would rather spend the money
on professional advice and services and deduct any findings from the agreed price