|
Friday, 18 January 2008 |
Why should I get a pre-purchase survey
Firstly, to find out what problems there may be with the boat you have made an offer on, and to discuss with the surveyor the severity of any problems and how they may be repaired, if necessary.
Secondly, to establish an independent value. Usually the bargaining process establishes a fair value, bur not always!
Thirdly, to provide a document that can be used to get insurance.
When should I get a survey?
After you have made a written offer with an agreed price and have added subjects, if necessary, such as: Subject to survey; subject to satisfactory financing; subject to sale of current boat; subject to acceptance by (Date); subject to repair of (item); subject to clear title; subject to engine survey; subject to sea trial; etc.
Does it pay to get a survey?
A good surveyor should be able to identify problems so that you can either, if you wish, ask the seller to repair the problems or reduce the price. Generally speaking, safety issues are the responsibility of the seller and maintainance issues the responsibility of the buyer.
At a minimum, the survey should give you peace of mind that all visible items should have been discovered, and also some invisible items, such as delamination. A good surveyor, from experience or knowledge of similar boats, should also be able to deduce some problems that may not be obvious.
What does a pre-purchase cover?
A complete and thorough inspection and investigation of the vessel, both in the water and hauled out.
The major items covered are:
The underwater hull, including hammer sounding hull and rudders; rudder bearings, shafts, propellers, struts and bearings and all zincs; any blisters and condition; condition of bottom paint.
Hammer sounding of the deck, coachroof, transom and engine bearers, including use of a moisture meter, where applicable.
Steering system, including cables, quadrants, pulleys,wheels, rudder angle and power steering equipment.
AC and DC systems, including panels, breakers, wiring, receptacles, generators, air conditioning and alarm systems.
All instrumentation, such as depth and knot meters; VHF, GPS, radar, engine gauges, and lighting.
All tanks, heads and plumbing including fuel, fresh water, grey water, black water and holding tank systems.
Propane systems and compliance with safety standards.
Masts, sails, winches, and rigging where applicable.
Life lines and all safety equipment.
Deck equipment including anchors, rodes and windlasses.
Bulkheads, tabbing, interior condition including upholstery.
Through hull fittings, including bilge pumps and systems.
Vessel identification (registered or licensed) and serial numbers on equipment.
All components are examined using the ABYC (American Boat and Yacht Council) recommendations and the NFPA (National Fire Protection Association) recommedations.
|
|
Last Updated ( Friday, 18 January 2008 )
|
|
Survey Questions 
