Legal and Administrative Aspects of Selling a Used Boat

Addressing the legal and administrative aspects of selling a used boat is essential to ensure a safe transaction that complies with current laws. This section of the site is structured to guide you through the various procedures and documentation required, optimising the sale process of your boat with efficiency and transparency. Below, you will find details of each in-depth topic dedicated to specific legal and administrative needs.

The transfer of ownership is a crucial process and must be handled with precision. Here, we will explore the necessary steps to draft and register the sales contract, as well as describe the methods for properly notifying local and international maritime authorities, ensuring that the change of ownership is officially recorded.

Every vessel is registered under a specific national flag that determines its legal jurisdiction. In this section, we will discuss the process of cancelling the old flag and the requirements for registration under a new flag, including all necessary documentation.

Selling a boat to a private individual or a company involves different legal and tax considerations. We will address the specifics of each option, including the various contractual aspects and tax implications, providing a clear guide on how to proceed in each case.

The choice between a formal Bill of Sale or a simple sales declaration may depend on various factors, including the legal requirements of the country where the boat is registered. We will analyse the differences between these documents, helping you choose the most suitable one for your specific situation.

Before finalising the sale, it is essential to verify the absence of financial liabilities, such as mortgages or other encumbrances. This section will guide you through the process of obtaining the RID extract and how to manage any financial liabilities associated with the boat.