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Old 25-09-2013, 15:49   #1
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Partnership in Cheoy Lee OS40 (yawl)

a partnership in a 1970 Choey Lee OS 40 is being offered. This boat was purchased in 2011 by two people for the intent of circumnavigation. The situation has developed that one partner wishes to sell, while the other (the author of this post) wishes to continue on with the quest.
This boat is registered with the international registry of ships #718825 under the name "Minhad Notion." This is a significant feature as by being registered in this way provides international legal title to the vessel, as well as making the purchase exempt from any duties or excise tax.
Listed in point form:
-No outstanding debts are being held for this boat.
-no liens against it.
-This boat was independently and professionally surveyed in 2011 and valued at $72,000 can.
-This boat is in the process of being totally refurbished with new electronics, sails, rigging, plumbing, and wiring, new oven, countertop in galley, refrigerator, hot water heater, anchoring system and more.

The author of this post still wishes to circumnavigate, and is advertising for an equal partner (financially as well as otherwise).
It would appear at this point that the co-owner would accept $26,000 Canadian for their share of the boat.

Obviously this would be a very serious purchase as well as consideration by anyone inquiring, therefore
all receipts for new rigging/gear/electronics,
proof of ownership/ official certificate of registry
copy of survey
copy of insurance policy held
as well as a large number of pictures of the work that has been done will be produced for serious inquiries.

The boat is currently stored for the winter at the Long Cove Marina in Trinity Bay Newfoundland, Canada. She is out of water in her cradles, and is insured with the current policy not expiring until July 2014.

The Author of this advertisement is looking for a mature, financially independent partner in this venture. Male or female partnership would be considered, but please note that this is not in anyway a romantic proposal.
I am looking for a full and equal partnership in a circumnavigatiion commencing by June 2015.
Initial responses to this advertisement can be made to this website, with further discussion and interviews by phone and in person.
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