Paperwork & Payments
The closing process is the final step to completing your boat’s sale, and handling the details correctly ensures everything goes smoothly. Together, we’ll complete the required Bill of Sale and transfer any U.S. Coast Guard or state titles to the buyer. If your boat has an outstanding loan, we’ll finalize loan payoffs and obtain lien releases.
Secure payment methods are critical at this stage. Typically, wire transfers are the safest and most efficient option. We’ll verify all bank details before proceeding to avoid any issues, ensuring the transaction is completed securely and efficiently.
Handing Over Keys & Accounts
Once the sale is complete, it’s time to hand over the boat to its new owner. This includes providing all keys, manuals, and access to transferable accounts like MMSI numbers, remote monitoring systems, and Starlink subscriptions. For any accounts that can’t be transferred, ensure they’re deactivated to avoid ongoing charges.The goal is to make the transition as seamless as possible for the buyer, ensuring they have everything they need to safely operate and enjoy their new boat from day one. A smooth handoff leaves a positive final impression and marks the successful end of your boat’s journey with you.
Post-Sale Follow-Up
After the sale is finalized, there are a few final tasks to complete. Cancel your insurance policy for the sold boat to avoid unnecessary premiums. Notify your marina of the ownership change and settle any outstanding slip or storage fees, ensuring that the buyer can take over without complications.
Finally, keep digital copies of all closing documents for your records. While the sale is complete, having these documents organized can be helpful for future reference. By following these steps, you’ll close the sale cleanly and confidently, knowing everything has been taken care of.
A Smooth Finish
Closing the sale is an exciting milestone, and attention to detail ensures a positive and hassle-free experience for both you and the buyer. With proper paperwork, secure payments, and a seamless handoff, your boat’s sale will end on the best possible note. Together, we’ll make sure every detail is handled professionally, leaving you free to move forward to your next adventure.
