Having a Marine Surveyor look over the prospective vessel you are considering for purchase is just good common sense. With the price and complexity of recreational vessels increasing every year it is more important now than ever to get a proper Marine Survey.
A Pre-Purchase Marine Survey can inform you of problems in the vessel's systems and structures that may require extensive and expensive repairs. The Pre-Purchase Marine Survey can help you decide if the vessel is right for you and whether you want to go ahead with the purchase or search for another.
Insurance and Finance companies may request a Condition and Value or Insurance Marine Survey to determine the surveyed condition of the vessel or yacht and to make you and your insurance company aware of any serious deficiencies. The Condition and Value or Insurance Marine Survey will also list some of the major equipment aboard and determine a Fair Market Value for the vessel.
Marine Surveys are a good idea for vessels of any size but typically most that are surveyed are over 22 feet.
Both old and new vessels are the subjects of a marine survey. Older vessels may have extensive modifications and systems that have not been maintained or are in need of being renewed. New vessel marine surveys can uncover warranty problems that need to be addressed before the warranty runs out.