Boat Purchase Agreement Template

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BOAT PURCHASE AGREEMENT

BETWEEN

Cameron McCoy

AND

Charlie's Boat Sales

Parties

This BOAT PURCHASE AGREEMENT (“Agreement”) dated September 20, 2031, is made by and between Cameron McCoy of 3043 Arbutus Drive, Miami Springs, Florida 33166 (“Buyer”) and Charles Avery of Charlie's Boat Sales (“Seller”).

Purchase and Sale

The Buyer shall purchase a light Vessel, of which the Seller shall sell, transfer, and deliver to the Buyer, on or before October 25, 2031. The Vessel is herein described as:

A Bali 4.1 Catamaran Yacht; Model 2018, with Hull ID Number: US-NSW4231Q518. The full description and specification of the Vessel are detailed in a document attached to this Agreement.

The Parties hereby agree on the purchase price of $300,000.00 (“Purchase Price”) for the Vessel. Now and therefore, for and in good consideration, the Parties hereby agree to the terms and conditions of the purchase as follows.

Terms and Conditions

PAYMENT

The Parties agree that payment for the Vessel’s Purchase Price shall be made in two equal parts. A down payment of $150,000.00 shall be made by the Buyer upon signing this Agreement. Another $150,000.00 shall be paid upon the delivery of the Vessel to the Buyer.

INSPECTION

The Seller shall give the Buyer the opportunity to inspect the Vessel before closing the purchase. The inspection shall be performed within 10 days before the date of closing.

CLOSING

The Parties agree that the purchase shall be closed and finalized at the Seller’s office at 1908 Golden Street, Miami Springs, Florida 33135, on September 30, 2031.

DELIVERY

The Seller shall deliver the Vessel to the buyer at the Miami Yacht Club 1001 MacArthur Causeway, Miami, FL 33132. The Seller shall deliver the Vessel along with its registration certificate and other necessary documents to the Buyer. Delivery shall be made on the date specified above.

WARRANTY

The Seller warrants title and ownership of the Vessel and has full rights of its disposal. The Seller further warrants that the Vessel is free from all and any defects, liens, and encumbrances.

GOVERNING LAW

The terms and conditions of this Agreement shall be governed by the State of Florida.

AGREEMENT

The terms and conditions of this Agreement shall bind the Parties herein upon its execution.

Signature

Signature *

Name *

Signature *

Name *