As you say the three items are
NOT part of a
usual Pre Purchase Survey and normally specified as such in the report,
The problem with these items is both technical in nature and the requirement for specialist knowledge but also time related as most prospective owners although wanting a decisive report dont like the financial aspects of such inclusive action points,
I for one always ask prior to a Survey what specific area's if any would the client wish to include and present the cost for doing so, the acceptance form for the client to sign prior to the Survey
should out line the area's not included as there are many others such as
removal of fixed panels/fixed floor boards etc as again time consuming but comes with issues from the current owners as to removing things on there vessel and it's liability,
For a normal Pre Survey report i would ask for a sea trial (with the owners on board) and check the engine gauges/general starting and running condition/ full or near full
power for 20 minutes etc .
Here's a few more tips regarding purchase of a used vessel:
Make sure that when you put in an offer you indicate that it is subject to a
Marine Survey and, if necessary,
a sea trial.
Dry Docking
If using Marine Finance to make the purchase, will the finance company be responsible for registering the
boat for you? Part 1
Registration is recommended and some finance companies insist on this, particularly if you are utilising a Marine Mortgage.
Make sure you know exactly what will be included in the
price of your second hand
boat.
Check that the
price you are paying is fixed and understand when you are required to pay deposits and payments.
Do you have a valid and recognised
contract? Check with the BMF who provide examples of standard contracts.
Check that the
delivery date given is guaranteed.
Will clear title be guaranteed and how can this be proved?
Know when you become responsible for the boat so that you can commence the necessary insurance cover.
Does the current owner have all the correct
ownership documents available?
Is there any outstanding finance on the boat? If so, ensure this is cleared before completion.
Cheers Steve(MIIMS-Lloyd's Maritime)