I listed my boat for sale through a broker last year, but we were unable to find a buyer for quite a while. The broker finally faxed an offer to me several months ago, but the buyer was apparently unable to qualify for bank...
David Weil has been the proud author of the “Ask a Maritime Attorney” column in The Southern California Log Newspaper and Sea Magazine since 2006, with over 300 installments of the column. We have provided links in this section to those articles, covering a wide range of topics of interest to the California maritime and boating communities.
How long does a yacht broker need to keep a deposit in his trust account before he can release it to the seller? My boat is listed for sale with a broker, and I accepted an offer that was made by a buyer over six months ago....
Probate Law for Boat Transfers
June 14, 2007
My father passed away last month, and I am working to get his affairs in order. He owned a 36 ft. sailing yacht that he purchased three years ago, but after his death I learned that title for the boat is still in the name of...
Tax Lien Concerns
May 31, 2007
I am buying a boat and am concerned about the possibility of a tax lien being recorded with the Coast Guard after title transfers to me. My broker has asked for a copy of last year’s property tax bill and proof of payment,...
Boat Warranties Often Prove Complex
May 17, 2007
I am in the process of buying a high-end used boat. I am particularly concerned about the warranty, but this is my first boat and I’m not sure how a boat warranty works. What is generally covered, and how long is a typical...