Used boat contract
February 10, 2017 | 50,00 EUR | answered by Jan Wilking
Hello,
I have sold a used boat with a trailer, received the purchase price, handed over the keys, the papers as well, but did not receive the signed purchase contract back. The buyer refuses to sign the contract. Now the boat is still officially registered to me, as the buyer has also not transferred it. The trailer as well. What can I do to get him to do this? What risk am I facing of experiencing financial damage if the new owner has an accident with the boat or trailer? I have cancelled the insurance for the boat.
Thank you and regards
Dear inquirer,
Thank you for your inquiry.
If the buyer has paid you the full purchase price, you have handed over the boat and trailer to him, and he is now using both, then it can be assumed that a verbal purchase agreement has been made, even without a signature on the document. The buyer, as the new owner, is then also liable for accidents.
It is important that you notify both the insurance company and the registration office of the change in ownership, providing the buyer's information.
Best regards
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