Selling a yacht is not the same as selling a smaller recreational boat. The price is higher, the documents matter more and the buyer usually reviews several details before closing. If you are the seller, your disclosures can affect whether the deal moves forward...
Maritime And Admiralty Law
Regulatory documents you might need for yacht construction
Building a large yacht is more than just choosing a design. You also need several documents to make sure your boat follows U.S. and international rules. The exact papers you need often depend on your yacht’s size, how you plan to use it and where you plan to sail. If...
5 differences: Yacht purchase agreements vs standard boat sales
Buying a boat is an exciting adventure, a step toward freedom on the open water. However, a small fishing boat differs greatly from a luxurious yacht. These differences extend beyond paperwork, especially in the sales agreements. Here are five key distinctions between...
How do new lifejacket laws impact boaters’ legal responsibilities?
Recent updates to lifejacket regulations have introduced stricter requirements for boaters. These changes aim to improve safety and reduce drowning incidents. Connecticut law requires children under the age of 13 to wear a lifejacket at all times while on a boat. Some...
FAQs about necessary documents before taking a yacht trip
Embarking on a worldwide trip on your yacht is an exciting adventure that requires careful preparation, especially when it comes to having the right documentation. Ensuring you have all necessary papers in order is essential for smooth sailing across various...
3 things to check when buying a previously owned yacht
Buying a previously-owned yacht can be an exciting venture, but it is essential to conduct thorough checks before making the purchase. The possibility of structural issues or operational failures can lead to fatal accidents when you take the yacht out to sail. Here...
Legal risks to consider as a first-time yacht owner
Owning a yacht can be an exhilarating experience, but it comes with its fair share of legal responsibilities and risks. As a first-time yacht owner, sooner is better when it comes to addressing these potential hurdles. By going into your first yacht transaction with...
Big changes coming to yacht insurance contracts?
With insurance prices in the millions of dollars, having insurance for your yacht is critical to ensure that you are protecting the investment that you have made in your ship. Although it may not be something you think of often, your insurance could potentially be...
Potential violations for illegal charter operations
The Coast Guard caught and ended the illegal operation of a charter vessel last year. These illegal operations carry harsh penalties due to the danger they pose to the public. In the example mentioned above, the Coast Guard and Okaloosa County Sheriff’s Office...
Superyachts and wire-transfer fraud
Sending money electronically or via wire-transfers has its risks. This is especially true when it comes to large amounts of money. As technology makes it much easier for criminals to defraud people, including yacht buyers and sellers, it is critical to understand how...

