Don Casey - Dragged Aboard Storm Tactics Handbook:
Modern Methods of Heaving-To for Survival in Extreme Conditions
by Lin Pardey and Larry Pardey


      

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Re: lv-ab: buy 1/2 a boat - boat share pitfalls

From: Zed (no email)
Date: Fri Jun 08 2007 - 05:27:17 EDT

  • Next message: (no name): "lv-ab: GPS"

    Just a quick comment...

    I have a 12th share in a 'public' boat and its working pretty well.

    I think the main advantage is having a 3rd party to call upon for
    everything (maintainence, disputes, even advice etc).

    disadvantages: you can't change things on the boat easily

    On 6/8/07, Kar Ish <> wrote:
    > Hi All,
    > I was presented with an opportunity to purchase a 1/2 share of a boat,
    > with a person I'm not familiar with.
    > The boat is documented to a corp. Assuming the the personalities will match
    > - what are pitfalls we should be aware of and what are the best remedies ?
    > TIA,
    > Kar
    >
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