What is a pre-purchase marine survey?
A pre-purchase marine survey is an independent inspection of the vessel’s condition and installed systems for the prospective buyer. The exact scope depends on the surveyor, vessel type and access available on the day of inspection.
What is the difference between a yacht survey and a sea trial?
The survey evaluates the yacht’s physical condition and systems, while the sea trial evaluates how the vessel and its machinery operate underway. Buyers commonly use both because a boat can appear satisfactory at the dock but reveal operating issues under load.
Do I need a separate engine or machinery inspection?
Often, especially on larger or higher-value boats. A marine surveyor evaluates the vessel as a whole, while an engine or machinery specialist may use manufacturer-specific diagnostics, service records, operating data and specialized testing within the agreed scope.
Why is a haul-out important during a yacht survey?
A haul-out allows inspection of areas that cannot be properly evaluated while the boat is in the water, including the bottom, running gear, props, rudders, shafts, struts, trim systems and other underwater hardware.
Who chooses the marine surveyor?
The prospective buyer typically chooses and hires an independent surveyor. The buyer’s broker can help coordinate scheduling and logistics, but the surveyor should remain independent and responsible for the scope and conclusions of the survey.
Who pays for the survey, haul-out and engine inspection?
That depends on the purchase agreement and the arrangements made for the transaction. Buyers commonly pay their own surveyor and technical specialists, and haul-out or yard charges may also be allocated to the buyer, but the actual contract and yard arrangements control.
What happens if the survey finds problems?
The buyer should review the findings against the purchase agreement and its deadlines. Depending on the contract and the parties’ choices, the buyer may accept the vessel, reject it, or attempt to negotiate a resolution. The agreement controls what rights are available and how they must be exercised.
Is the deposit refundable after survey or sea trial?
Refundability depends on the purchase agreement and whether the buyer follows its notice requirements and deadlines. Many yacht purchase agreements include due-diligence protections, but the specific contract language—not a general rule—controls the deposit.
Should the seller repair every survey item before closing?
Not necessarily. Survey reports often include observations ranging from material defects to maintenance recommendations. Whether an item leads to a repair, price adjustment, rejection or no change depends on the contract, the seriousness of the finding and what the parties negotiate.