Checklist if you are selling a boat

If the decision has been made to sell the boat, there are a few things to keep in mind. First and foremost, the potential buyer should be informed about everything that is known about the boat. The clearer the information regarding its condition and features, the better the transaction will be.

Many buyers want to test drive the boat they are interested in, and in such cases the seller should make sure to come along on the test run. Before allowing a potential buyer to test drive the boat, it is also advisable to ask to see some form of identification. If someone were to drive off with the boat, theft insurance does not always apply, since the keys have been handed over voluntarily.

Also watch out for boat brokers who may be dishonest. If you want help from a broker to sell your boat, make sure to check the company thoroughly in advance. You can look it up on the website allabolag.se, but Google is also very useful for finding information about a company. What should be avoided with a dishonest broker is that they give a small deposit and then disappear with the boat. If a private individual uses a broker to help sell the boat, it should also be kept in mind that the Consumer Sales Act may become applicable to the purchase. Among other things, this means that the complaint period will then be three years instead of two years under the Sale of Goods Act. Defects and deficiencies discovered within six months may also be considered to have existed at the time of purchase if the seller cannot prove otherwise.

Once a buyer has been found, it is time to draw up a purchase agreement for the boat. It can be useful to know that oral agreements are just as valid as written ones when it comes to buying and selling boats. However, written agreements are beneficial, as they often provide an opportunity for the buyer and seller to sit down and discuss the details of the purchase and the object of purchase, in this case the boat. It is important to be as honest as possible about what is known regarding the boat and its condition. Many times, dissatisfaction and complaints about the boat purchase or demands for a price reduction arise when the buyer’s expectations are not met. If care has been taken to inform the buyer about the boat’s condition, functions, and any damage before the purchase, this helps ensure that the buyer is aware of any defects and deficiencies and also prevents the buyer from complaining about defects and deficiencies that have already been disclosed.

A free boat purchase agreement template can be downloaded at www.båtjuristen.se