Selling a boat

Post Options Post Options   Likes (0) Likes(0)   Quote Buggar-me Quote  Post ReplyReply Direct Link To This Post Topic: Selling a boat
    Posted: 02 Oct 2021 at 5:55pm
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Hey guys need some advice.

I'm selling my boat and cannot find anything about change of ownership.
It seems only the trailer needs to change ownership.

Is this correct?

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Post Options Post Options   Likes (0) Likes(0)   Quote Alan L Quote  Post ReplyReply Direct Link To This Post Posted: 02 Oct 2021 at 9:04pm
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Titanium
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Yep.
The trailer is registered - with Govt. Your boat is not.
BUT what you should do - to safeguard yourself, is draw up a sale/purchase form - on an A4. Sold to.....on date..... for $..... in Full. Description of boat and whatever else goes with it.
So there is no dispute later over what transacted. Signed by both. 2 copies.
It is a legal sale/purchase doc.
Alan
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Post Options Post Options   Likes (0) Likes(0)   Quote MB Quote  Post ReplyReply Direct Link To This Post Posted: 03 Oct 2021 at 8:11am
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That's a great idea Alan. 
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Post Options Post Options   Likes (0) Likes(0)   Quote bazza Quote  Post ReplyReply Direct Link To This Post Posted: 03 Oct 2021 at 10:26am
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Originally posted by Alan L Alan L wrote:

Yep.
The trailer is registered - with Govt. Your boat is not.
BUT what you should do - to safeguard yourself, is draw up a sale/purchase form - on an A4. Sold to.....on date..... for $..... in 

Full. Description of boat and whatever else goes with it.
So there is no dispute later over what transacted. Signed by both. 2 copies.
It is a legal sale/purchase doc.

Alan

Many years ago was given some very sage advice by my dad that
such an agreement should include the words ... "As inspected this day'' ... stating an appropriate date.

Doing so puts complete onus on the buyer to satisfy themselves they are happy with the purchase & cannot claim further down the track problems exist that they had not been aware of.

Also it is important to both parties that it is made quite clear which items or accessories such as aux motor, electronics, life jackets, safety gear etc are included or excluded in the sale price & also if any money is owing on the items being sold ... not that doing so removes all risk of a claim being made by creditors.

At the same time it affords the seller the option to compensate for any such claim/s at their discretion, if considered to be fair & reasonable but no obligation to do so.

A few photos would not go amiss either.
Scored a much needed hair cut this morning so now on the way to Mitre 10 to take back the hedge trimmer !!
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Post Options Post Options   Likes (0) Likes(0)   Quote Fish 4T Quote  Post ReplyReply Direct Link To This Post Posted: 03 Oct 2021 at 11:18am
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(This is for buyer not seller)

If you buy from private seller, proof of boat was paid in full also not a bad idea.

3rd party lender could put security, pps or interest to the boat,
just like a car but we don't have carjam to check it.





 
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Post Options Post Options   Likes (0) Likes(0)   Quote bazza Quote  Post ReplyReply Direct Link To This Post Posted: 03 Oct 2021 at 12:14pm
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OBE - Over Bloody Eighty

Joined: 12 Dec 2006
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Originally posted by Fish 4T Fish 4T wrote:


(This is for buyer not seller)

If you buy from private seller, proof of boat was paid in full also not a bad idea.

3rd party lender could put security, pps or interest to the boat,
just like a car but we don't have carjam to check it.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Perhaps a search on the trailer rego might help Boby.





 
Scored a much needed hair cut this morning so now on the way to Mitre 10 to take back the hedge trimmer !!
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