Ask a Maritime Attorney: Can we force our partners to accept a fair market value buyout offer on a boat we are in partnership with?

January 17, 2025
David Weil. Esq.

Question: My wife and I own a 48-foot motor yacht in partnership with another couple. The partnership has worked well for three years, but we are now interested in buying out our partners

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Ask a Maritime Attorney: Can we force our partners to accept a fair market value buyout offer on a boat we are in partnership with?

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