Complex legal support of sailing yacht purchase

A client applied to Interlegal for legal support of sale and purchase deal, as the Buyer of sailing yacht made in Europe.

Interlegal yachting lawyers and technical expert provided a full set of services upon legal support of the deal, having released the Client from the necessity to perform technical and legal formalities by itself.

In particular, before signing the Sales Agreement, Gennadiy Petrovskyi performed the yacht survey, detailed expertize for technical status and complete set, and sea trial.

After the Buyer confirmed the yacht sound condition and its readiness to the deal, Interlegal senior lawyer Kirina Riashentseva and junior lawyer Marta Sverdlykivska committed the necessary legal actions, namely: drafted the transaction plan, performed Due Diligence in respect of the Seller and the yacht, checked the yacht for absence of registered encumbrances, drafted and agreed with the Seller all the required documentation (Sales Agreement, Yacht Acceptance Certificates, all the documents on concluding the deal and others).

Interlegal proper teamwork facilitated successful sale and purchase deal, with the Interlegal experts engaged at the final stage, followed by transfer of the yacht and documents to the Buyer.
Interlegal provided also full insurance of the yacht (H&M, TPL) at the leading European underwriter.