Question: “What is the legal obligation of a marina when a lender seeks to do a ‘friendly repo’ from a marina?” Answer This question came to us from a reader
Question: I am a resident in a waterfront community with a marina. We are members of a home owner’s association that governs our homes, the common areas within the
Question: I purchased a boat two years ago through the purchase of a “single-asset” Delaware LLC. The hailing port on my Coast Guard documentation is identified as Wilmington, Delaware, and
Question: I am on the race management committee for my yacht club and our committee is concerned about exposure of the club and its volunteers to liability during races and
Question: I had a dispute with a boat mechanic last year regarding the amount of his final invoice. It was a big job, but I made payments along the way
Question: I just bought a 65 ft. boat on the East Coast, and I am looking at different methods for transporting the boat to California. Since it’s too big for
Question I loaned money to a former business partner and took a security interest in his boat as collateral for the loan. I perfected the security interest by recording
Question: I made an offer to purchase a boat through a yacht broker and the offer was accepted. The offer was contingent on a sea trial and survey, but I
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