Next message: Arild Jensen: "RE: lv-ab: Re: Test for electical faults in marina?"
I have a friend who was in a multiple ownership with a boat quite successfully.
He said the key is to have in writing each person's responsibilities and times of use. Then the people can swap times and jobs at will but always keep everything in writing.
Norm
S/V Bandersnatch
Underway for Norfolk VA
----- Original Message -----
From: Kar Ish
To:
Sent: 6/7/2007 5:17:36 PM
Subject: lv-ab: buy 1/2 a boat - boat share pitfalls
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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