Most buyers work with a licensed yacht broker. In Florida, yacht brokers and salespersons are licensed by the state under Chapter 326, Florida Statutes.
A typical purchase includes an offer with conditions, a deposit in escrow, a survey (hull, machinery, systems), sea trial, and closing with title and registration.
Budget for annual running costs, which commonly include crew, insurance, dockage, maintenance and fuel.
FAQ
Florida requires yacht brokers to be licensed. Verify a broker's license with the state.
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