Hi, my friend has paid a broker in St Maarten for a catamaran for sale
by The Moorings in Oyster
Here is the exact catamaran
Details from the Moorings about progress on the agreed upon repairs
from the survey
were sketchy and frustratingly lacking in details from the Moorings so he decided to fly in and oversee them. He just arrived from the USA to oversee final equipment
refits and take ownership
, only to find the cat has been chartered and it is now scheduled to be chartered for at least
6-8 more weeks more according to the Moorings (who laughed off his inquiry about taking possession of his boat). Here is the deal: he paid for the boat a month ago. He had a survey
from the survey were completed or being completed (according to the Moorings). He has equipment
from local vendors ready to be installed (genset, water
maker, lifeboat refit). Yet the boat is not there anymore and won't be available for some time.
His broker at Oyster
Pond, "Gary", is acting very surprised. Maybe he really is, we don't know.
Sorry, but where do we begin to unravel this? What could have gone wrong and how do we fix this? The survey is no longer valid in my opinion, since the condition of the boat could be massively different by the time the charters are done. The boat was bought close to a month ago. Why did The Moorings in Oyster Pond charter
it out after it was sold and surveyed? How could the broker ("Gary") not know what was going on and why did none of this get communicated before the new owner showed up to take possession of his boat?
I am looking for perspective on the events
and even speculation on culpability to help my friend make sense of this fiasco. What would you do in this situation? Where did my friend make mistakes
? What might have lead to this: broker not passing on the money
? Owner got greedy? Moorings got greedy? My friend not understanding how this works?
As this unfolds I will keep this post alive with updates.
I appreciate your perspective. Thank you very much for your experienced help and opinion.