What are the steps taken when closing a deal on a purchase of a yacht?

Once having chosen a yacht the buyer makes a formal offer to purchase the vessel. This is then presented by Oceda to the seller on a standard Sale and Purchase Agreement between Seller and Buyer to buy the yacht. It also outlines the timing for sea trial, survey, acceptance and closing. Making your offer should also require a deposit of the offer price. The seller finally accepts the offer to buy, and the survey and sea trials are done and acceptance and closing of the yacht are to be agreed upon.

Oceda handles all offers and negotiations until the buyer and seller agree term, from the initial Offer to Purchase and Bill of Sale to licensing and registration. Oceda is also equipped with a legal advising department to fully engage in all legal matters in regard to the sale and purchase of a vessel.