Yacht Sale & Purchase
Yacht Sale & Purchase
The sale and purchase of a yacht can be both technically and legally sensitive. Interlegal, a law firm specializing in shipping and maritime law, provides professional support at every stage of the transaction, whether the client acts as the seller or the buyer. Our team helps clients minimize legal risks, protect their interests and ensure that the transaction proceeds smoothly and efficiently.
Our Yacht Sale & Purchase services include:
Due diligence of the yacht and the parties
Before the transaction is executed, Interlegal lawyers conduct legal due diligence of the yacht, including verification of documentation,ownership history and legal status. We also carry out due diligence of the seller, whether a natural person person or a legal entity. This allows us to confirm that the yacht is free from encumbrances, arrests or other legal risks. Where our client acts as the seller, we may also review the buyer’s financial standing and provide recommendations regarding financial compliance.
Drafting and review of the Sale & Purchase Agreement
We prepare or review the Sale & Purchase Agreement depending on the client`s role in the transaction. Particular attention is given to: transfer of ownership provisions, payment terms, liabilities of the parties, list of documents required for closing, closing procedure and dispute resolution mechanisms.
Advice on taxation and customs clearance
Depending on the jurisdiction and the location of the yacht, a transaction may trigger various tax and customs implications. We advise clients on the most appropriate structure and assist with preparation of tax documentation and customs declarations where required.
Full support throughout the transaction
We provide full legal support throughout the entire transaction, including participation in negotiations, agreement of key terms and preparation or review of all transaction documents. On the closing date, we coordinate the actions of all parties involved to ensure a smooth transfer of ownership and avoid delays or misunderstandings.
Yacht registration under a new flag
Following completion of the transaction, we assist with re-registration of the yacht, including change of flag or deletion from the previous registry. Our services include preparation of registration documents, submission of applications to the registry and coordination of the entire registration process.
Why Interlegal?
Interlegal has extensive experience in supporting yacht sale and purchase transactions and a strong understanding of the legal and practical aspects involved. We provide our clients with legal certainty and efficient management , ensuring that the deal is completed smoothly and without unnecessary delays. For many clients, a yacht is not only an asset, but part of their lifestyle. Our goal is to make the legal process as smooth as your future voyages. By choosing Interlegal, you gain confidence in the legal security and reliability of your yacht transaction.
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Specialists
Arthur Nitsevych
Specialization: Transport and logistics, transactions and investments, ports and terminals
Mykola Melnykov
Maritime Law, Arbitration, Yachting, Corporate, Transactions, and Investments
Artem Skorobogatov
Transport & Logistics, Ports & Terminals, International Trade
Karyna Gorovaya
International trade, litigation & arbitration, investment & transactions
Valeriia Fetysenko
Yachting, Sales and Purchase agreements
Dmytro Ochkolias
Ports & Terminals, Antitrust and Railway Law
Irina Maltseva
International trade, litigation & arbitration, investment & transactions
Larysa Roshu
International trade, litigation & arbitration, English Law
Diana Mykhailova
Shipping, Litigation & Arbitration, Ports and Terminals, English Law
Anastasiia Kovalska
Yachting, Sales and Purchase agreements
Oleksandra Savielieva
Corporate, Investment & Transactions
Anastasiia Kuznetsova
Corporate, Investment & Transactions
Alina Uzun
International trade, litigation & arbitration, English Law
Sofiia Babych
International trade, litigation & arbitration, English Law
