Legal & trust
Inspection & Survey Process
Last updated: 1 July 2026 · Staging environment — demo product content.
How independent inspection and sea trials fit the transaction.
Summary
Before funds are released, the buyer may arrange an independent marine survey and sea trial while funds remain protected in escrow.
The process
- Buyer may appoint an independent marine surveyor.
- A sea trial is scheduled with the seller's cooperation.
- Inspection is scheduled within an agreed window.
- Defects may lead to renegotiation, acceptance, rejection, or cancellation per the agreement.
Seller obligations
The seller provides reasonable access to the yacht for survey and sea trial.
Costs
Survey and sea-trial costs are typically borne by the buyer unless otherwise agreed.
Inspection before release
Funds in escrow are released only after inspection outcomes and closing conditions are satisfied.
Frequently asked questions
Who pays for the survey?
Usually the buyer, unless agreed otherwise.
Can I cancel after a bad survey?
Yes, subject to the conditions in the escrow/sale agreement.
Questions?
Contact our team through Contact / Support. This is demo product content; final production legal texts require review by qualified legal counsel in the relevant jurisdictions.