Planning to sell your yacht?

If you are an owner planning to sell your yacht, the maritime attorneys at Kokkinakis Law can provide expert legal guidance on yacht sales agreements, yacht listing agreements, yacht seller financing and corporate ownership share or membership interest transfer.

Private sale:

If you are a private individual selling a boat or even multiple owners, we strongly recommend drawing up a written agreement documenting what has been agreed with the buyer. This will help reduce the risks involved in selling such as issues regarding deposits and limiting your liability. Consider our advice on this and for preparation of a legal agreement for your sale.

Company sale:

If the boat you are selling is held under a company structure, perhaps a partnership or trust, we can deal with the legalities involved in selling boats which are owned in this manner. We would be happy to discuss ‘legal and beneficial ownership’ with you. If the vessel is held under a company structure for example, transferring the shares in the company which owns the vessel may in certain circumstances allow the sale to be effected much more easily, quickly & cheaply and we would be pleased to offer advice on a case by case basis.

Having difficulties selling your yacht?

If you are struggling to sell your boat don’t hesitate contacting Kokkinakis Law to discuss alternatives to selling such as:

  • boat exchanges
  • forming a syndicate
  • chartering
  • investment opportunities – how to  earn money from your boat
  • fractional ownership
  • enlisting the help of one of our trusted brokers

We are here to guide you through the entire process of yacht sale– from the initial negotiations to delivery.

Yacht Registrations and Consulting
Contact Us today for help and advice for all your yacht selling enquiries