What documents are needed to purchase a yacht?
To purchase a yacht, the following documents must be prepared:
Purchase and sale agreement: Confirms the transfer of ownership from the seller to the buyer.
Registration documents: Confirm the registration of the yacht in the relevant maritime register.
Seaworthiness Certificate: Confirms that the yacht has passed all necessary checks and meets safety standards.
Insurance policy: Provides insurance coverage for the yacht in case of various incidents.
Documents of origin: Confirm that the yacht has no debts and does not participate in court proceedings.
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