"Capt" Rob said:
the contract
clearly lists the gear included and we are OBLIGATED to make good on
that whether the boat is ours or not.


Dave wrote:
What is the basis of this conclusion? Does the broker's contract with the
seller say so?

Umm, yes.
If the buyer signs a contract to buy the boat, *with*
specifically listed gear included, then that contracts "says
so."

Maybe your understanding of contracts is different. Let's
say just for example, a licensed broker decides that he
wants more than just his commission, so he strips off the
nicest gear from a yacht he just brokered and sells the
stuff on Ebay. Is this ethical IYHO? Is it legal? Is it
acting within the expectations of profession conduct? Is it
acting in good faith? Does the buyers 'due diligence'
include protecting himself from the expectation that the
broker is going to steal?

Regards
Doug King