Unlike buying a vessel from a dealership or a specialized salesperson, the Consumer Protection Act does not apply to a private boat sale between individuals.
Why sell or buy a used boat through a verbal agreement only?
Why not close the sale of a boat by a written agreement and by taking the time to do the necessary basic checks?
This website offers a boat sale agreement between individuals that includes several clauses which allow you to conclude your sale with peace of mind:
A description of the vessel;
A statement that the boat is free of any lien, claim, movable hypothec or marine mortgage, etc.;
The transfer of warranty, if any;
The seller is actually the rightful owner of the boat.
If you wish, we can check for you if the boat you wish to purchase is free of any right or claim in the RDPRM. However, if the boat is subject to a registration certificate, it would also be necessary to check the Canadian Register of Vessels to ensure that no marine mortgage affects the boat.
You may find a host of information on various legal matters on .
Summary of clauses available for the preparation of your boat sale agreement.
Identification of the Parties
Breakdown of the sale price (If applicable)
balance of sale price (optional)
insurance (If applicable)
Declarations and obligations of the purchaser
Transfer of ownership and possession
Statement concerning the preliminary contract
Election of domicile
Additional clause (The parties may insert custom clauses)
* These fees may be changed within a 60-day notice and in accordance with section 71 of the Code of ethics of notaries.
GST and QST not included.
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