Pre-Purchase Survey (Condition & Value Survey)
     Strongly advised prior to purchase of any vessel
     Complete inspection for condition, value & risk

     Most lenders require a professional survey

     Most insurance companies require for older vessel

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Inspection includes:

    Hull & structural condition, equipment and systems

    (electrical systems, navigation, spars and rigging, propulsion

      system, fuel system, all machinery and electronics)

    In water and out of water inspection
    Extensive sea trial
    Estimated local market value based on condition, 

    general maintenance and findings

 

An extensive report submitted includes boat safety standards by 

     ABYC ~ American Boat & Yacht Council 

     CFR ~ US Coast Guard Federal Regulations

     NFPA ~ the National Fire Protection Agency

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Insurance Survey/C&V or Damage Surveys

     Determine acceptable risk include structural integrity and safety
     Damage survey as result of accident or other event

     Fair market value identified

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Boat/Yacht Appraisal Survey

     Market Value of a boat for
     Financing, Donation, Legal Cases, Estate Settlements