Sale contract template
Sale contract for a boat, three pages to print out
A template for a sale between private individuals. Page 1 takes the parties, the subject of the sale, the price and the passing of risk with the date and the time of day, page 2 the condition with the declaration on previous damage and the inventory list as annex 1, page 3 the papers handed over, the handover record and the signatures. Print all three pages twice, one original for each party.
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Only the three contract pages are printed, without the navigation and the footer. A template without legal force, not legal advice. It is a translation of a template drawn up under German law: only the German wording is binding, and in case of any discrepancy the German version prevails. For sales by traders, sales abroad and registered ships further provisions apply.
Contract of sale for a watercraft
Template for a sale between private individuals · print all three pages twice, one original for each party
NAMMERT
Page 1 of 3
Contract
§ 1Parties to the contract
Seller: surname, first name
Buyer: surname, first name
Street, house number
Street, house number
Postcode, town, country
Postcode, town, country
Telephone, ID number
Telephone, ID number
§ 2Subject of the sale
Type of boat, yard, model
Year of build
Hull number (CIN / HIN)
Boat name, register number
Length × beam × draught
Engine: make, type
Engine number, output (kW)
Engine hours at handover
Equipment is included in the sale only as listed in annex 1 (page 2). Anything not listed there is not part of the sale; the seller removes items that are not included before the handover.
§ 3Purchase price and payment
Purchase price in euro (in figures)
in words
Deposit, paid on
A private sale, with no value added tax shown. The balance falls due at handover.
§ 4Ownership, handover and passing of risk
Handover on (date)
Time of day
Place of handover
Ownership passes on payment in full. Benefits, burdens and the risk of accidental loss pass to the buyer with the handover, on the day and at the time of day stated above. Until then the seller carries the risk and keeps his cover in force, after that the buyer. Both confirm that they have informed their insurer.
The seller warrants that he is the sole owner and that the vessel is free of third party rights, liens and security assignments. Name any existing rights here and redeem them before payment:
Existing finance, bank, redemption date
Certificate of security interest, number
Template of NAMMERT Assekuradeur GmbH, Königs Wusterhausen, Germany · +49 3375 29 12 77 · A template without legal force for a sale between private individuals, not legal advice. It is drawn up under German law and this English text is a translation: only the German version prevails. For sales by traders, sales abroad and registered ships further provisions apply.
Condition and equipment
Condition and previous damage, the equipment included in the sale with its values
Page 2
Condition and
equipment
§ 5Condition, previous damage, exclusion of liability
The vessel is sold used and with liability for defects excluded. The exclusion does not apply to injury to life, limb or health, to intent and gross negligence, nor to defects fraudulently concealed or to warranted qualities.
The seller declares that, beyond those named below, no collision, grounding, fire, sinking or storm damage and no osmosis or laminate damage are known to him:
Why § 4 and § 5 decide about your insurance
“On handover” without a date and a time of day is the most common gap: if the boat is lost on the delivery trip, two insurers argue about whose day it was. And what is not written in § 5 you cannot declare in your proposal, with consequences for the whole policy. Leave neither field empty.
Annex 1Equipment included in the sale, with values, as the basis of the sum insured
| Item | Make, type, year | Condition | Value in € |
|---|---|---|---|
| Outboard / auxiliary engine | |||
| Tender, engine, davits | |||
| Trailer (plates, papers) | |||
| Rig, sails (main, headsails, others) | |||
| Electronics: plotter, radio, radar, AIS, autopilot | |||
| Liferaft (service due), lifejackets, extinguishers | |||
| Cover, sprayhood, bimini | |||
| Anchors, chain, lines, fenders | |||
| Batteries, solar, charger, shore power | |||
| Tools, spares, first aid kit | |||
| Other | |||
| Total value of the equipment |
This list is more than a formality: it is the basis of the sum insured. Anyone who leaves out rig, sails and electronics is underinsured, and then even a partial loss is cut back pro rata.
Annex 1 to the contract of sale of concerning (type of boat, hull number) · Page 2 of 3 · To be initialled by both parties.
Handover and signatures
Papers handed over, record, side agreements, signature of both parties
Page 3
Annex 2, record
Signatures
Annex 2Papers and keys handed over
§ 6Handover record
The vessel was handed over and accepted on the day stated above in the condition agreed. The buyer has inspected it and has either carried out a sea trial or expressly waived one. Photographs of the condition at handover were taken by both parties.
Engine hour meter at handover
Deviations found at the handover
§ 7Side agreements and notes on the handover
Everything agreed by word of mouth belongs here, otherwise it does not count (§ 8). For example: parts to follow with a deadline, open repairs, berth and winter storage costs, a sea trial agreed after the sale.
§ 8Final provisions
Beyond those listed in § 7 there are no side agreements. Amendments and additions must be in writing. Should one provision be invalid, the rest of the contract remains in force. German law applies; the place of performance is the place of handover. This English text is a translation of a template drawn up under German law: in case of any discrepancy the German version prevails. This contract is signed in two counterparts; each party receives one original including annexes 1 and 2. Every page is to be initialled by both parties.
Place, date · Signature of the seller
Place, date · Signature of the buyer
Before you sign: two calls worth making
Settle the question of insurability while you can still negotiate; type, year of build, value and cruising area are enough for a reliable answer. And report the passing of risk from § 4 to both insurers, so that the delivery trip is covered: it is the riskiest trip of the year. +49 3375 29 12 77 · The used boat checklist, the handover record and the emergency sheet are at nammert.com under the forms.
A template without legal force, not legal advice, drawn up under German law and translated: the German version prevails. Sales by traders (consumer sales), cross border sales, registered ships and sales with value added tax shown call for further provisions; have the contract checked by a lawyer in those cases. NAMMERT Assekuradeur GmbH, Königs Wusterhausen, Germany.
Which version to use
This is the English translation of a template drawn up under German law; only the German original is binding. If you want both languages on one sheet, column by column and with the German column binding, take the bilingual version German/English or German/Spanish. For a purchase in Austria the Austrian version under the ABGB applies.