Articles

 

Surveyors: are your marine valuations putting you at risk?

More often than not Surveyors undertaking standard Pre-Purchase Condition Surveys are requested, almost sometimes as an afterthought, to advise as to value, particularly if the vessel is of an unusual type (and thus not capable of being readily valued by reference to sister-ships currently on the market). There is sometimes ...

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Harbour Rights: a major factor in the value of your home

The increased value of any harbour side property means that commensurate attention now has to be paid in all transactions to securing the entitlement to the use and enjoyment of the adjoining harbour, in circumstances where other competing organisations or authorities are increasingly looking to exercise sole control. In Medieval ...

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Verisona Law

Foreign transactions and brokers: buyer (and seller) beware

With many buyers already owning foreign property, the English yacht buying market is increasingly involved in foreign purchases, albeit of British Registered vessels kept abroad (principally the Mediterranean). Often such sales are initiated from research on the internet using a number of the extremely clever web based databases. Such databases ...

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Verisona Law

Certified document copies and their limitations

During recent purchases the status of certified documents has been raised. In particular, documents which are not original, but which have been certified by a Lawyer as a fair and true copy of the original (otherwise known as “certified copies”) have been proffered on the basis that they are for ...

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Verisona Law

Buying Overseas: five things to consider along the way

There are all kinds of boats and all kinds of purchasers, and with cheap flights, google translate, and the reassurance of broadly similar commercial practices throughout Europe, there is no reason why it should not be relatively easy to buy a vessel overseas. There is however a number of key ...

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Verisona Law

Selling your business: a checklist

If you are selling (or buying) a business there are various facts that need to be on the table before a deal can be done. Gathering this information is known as Due Diligence. There is a lot to compile, from obvious items such as company accounts and ownership details, to ...

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Verisona Law

Business succession - keeping it in the family

Handing over a family business to the next generation may seem straightforward but it can create unforeseen problems. In fact, succession plans involving family members may contain more risks than handovers involving complete strangers. With strangers, people tend to be cautious and get legal advice; with family they often rely ...

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