On Sun, 29 Oct 2006 19:18:44 GMT, in message

"tkranz" wrote:

Hello all,
It's been a couple of years since I've spent much time on this NG and I'm
pleased to see that it is still an active group. Hopefully I can get some
constructive advice here on a non-traditional boat sale agreement.

I am planning to sell my small custom trawler at a near giveaway price ($500
after adjustments). In return for the very cheap sale price I want to
retain the right to use the boat once a year for a short cruise.

The details can be read on my website
www.st-johns-river.com

I would love to hear from others who are or who have shared ownership or use
of cruising boats. How did your contracts handle issues of liability or the
total loss of the boat while one or the other partner was using it? What
other issues did you try to anticipate in your contracts?

As an alternative you could consider retaining ownership and allowing
your partner access to the boat in return for him/her paying operating
and maintenance expenses, mooring, etc. I followed that approach this
year with a very simple agreement. I agreed to maintain liability
insurance (cheap) and we agreed to a (small) total loss cost if the
boat got written off.

Ryk