(443) 716-4400

Boat Brokers and Brokerage Agreements

Here at Boatinglaw, we were recently contacted by a seller who told the following story: he sold his boat the week prior through a broker on Kent Island, Maryland.  The buyers surveyed and sea trialed the boat before closing, paid their money and received the keys and...

Buyer’s Due Diligence When Buying a Boat

Do I Own My Boat? How to prevent a Buyer from losing title to his boat! This Article was published by YBAA Association of Yacht Sales Professionals, on their website on December 17, 2018. Article below was edited for content. Do I own my boat? A simple answer in 99%...

Offshore Yacht Registration

BOATINGLAW.COM’S GUIDE TO OFFSHORE YACHT TRANSFERS British Virgin Islands • St. Vincent • Marshall Islands • Vanuatu Lochner Law Firm’s clients often present the question as to what is the best method to protect their assets and to mitigate the possible...

What is a Maritime Lien?

A lien is a claim for an amount of money which is secured by a piece of personal or real property. A maritime lien entitles the lien-holder to have a vessel seized and sold to satisfy a debt. Since vessels can move, a maritime lien is enforceable by arresting the...