View Single Post
  #6   Report Post  
Terry Spragg
 
Posts: n/a
Default

Denis Marier wrote:

Terry, thanks for the information. My situation now, is I already owned a
sailboat for the 25 years. I can understand that the broker does not want
to waits his time and uses the law of probably by having a large listing.
In Canada the brokers commission runs at about 10%.
Some people believe that the broker is legally responsible for the content,
the quality and the quantities of the equipment listed for the boat and to
ensure that the titles are cleared.
My friend bought a sailboat lately and found out the listed gears and
equipment shown on the specs. did not matched what was on the boat. When he
asked the broker the answer he got was that the fine prints in the broker's
contract stated that he was not responsible for the exactness of the content
and the condition of the boat.


Of course! How is he to control what the seller does after the
brochure is printed up?

If he has done his bit, it is then up to the buyer and the broker to
sue the seller for scotching the deal.

Doesn't everyone want the same thing?

Caveat emptor.

Terry K