July 12, 2023
All Harris & Ellis contracts, unless specified by the buyer, will have a condition of survey. A survey report is usually required by marine insurance companies, especially if you are a new or inexperienced boater. Marina operators and yacht clubs require you to have insurance coverage to keep your boat...
July 12, 2023
From the first tour of the vessel to taking possession of your new pleasure craft, a professional yacht broker is an important part of the boat buying—and selling—process. Our job is to learn as much as possible about the boats we sell, and we’ll be honest with you about what...
July 12, 2023
In the purchase of a boat, it’s natural to wonder who pays for what costs. Here’s a rundown. The Purchaser is responsible for the cost of the: surveyor marina haul-out for survey and re-launch if the boat is currently in the water mechanical inspection insurance coverage after the closing day...
A step-by-step guide to buying a boat
July 12, 2023
Purchasing a new boat is an exciting journey. Once you and your broker have found the perfect boat, here are four important steps to making it yours—plus a bonus one. Step 1: Make an offer To write the Agreement of Purchase and Sale, your broker will need the following from...
What to expect from your engine inspection
July 12, 2023
Most buyers will invest in a yacht survey before purchasing a boat. Another option is to also engage a professional to inspect and test the engine(s). It’s an added cost but can save time and money down the road if it identifies serious engine issues. Even when there are few...
How to get your boat ready for trucking
July 3, 2023
It’s fun to move your boat to a new harbour on her own bottom, but sometimes, due to time constraints or geography, you need to ship it. For decades, we’ve been helping clients get their boats ready for trucking. Thorough preparation, plus good communication with the transport company and original...
Transferring ownership – who’s responsible?
July 3, 2023
Congratulations! You have closed on the purchase of your new boat. All closing documents have been signed, and the funds have been transferred as part of the sales agreement. Now is the time to put the boat officially in your name. The buyer is responsible for transferring ownership; at Harris...
What you’ll learn in a sea trial
July 3, 2023
Your boat deal will likely be subject to conditions, the two most common being the survey and the sea trial. The sea trial or water test, as it is sometimes called, usually happens after the survey and just prior to closing. If your survey is primarily to inspect the structural...
Helpful homework before viewing a boat
July 3, 2023
Viewing boats with your yacht broker is one of the fun parts of purchasing. But your time on each one can be brief. Here are a few tips to help you get the most out of each showing. First things first: do your homework. Before you start looking, have a...
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