Craft marine case

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Craft marine case

The Condition Survey provides a detailed assessment of all areas made available by the owner or vendor.

Craft marine case

The commissioner is provided with a more thorough understanding of the favourable and less favourable aspects of the boat or intended purchase. In the case of Pre-Purchase, the survey report aims to assist the potential buyer when it comes to the decision on whether or not to purchase the boat.

In order that the full value of the survey can be realised this type of boat survey should rarely be carried out if the craft has not been placed out of the water and ideally only when the below water areas have been cleaned back.

A number of methods of assessing the boats structure are employed and include, on metal craft, Craft marine case destructive thickness detection which is carried out using an Ultrasonic thickness testing device. After the boat survey has been carried out a detailed written report is provided with a list of recommendations and Craft marine case suggested time scale by which completion of the rectification work should have been concluded.

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If required, and as an additional component, an estimated market value of the boat can be provided as part of the pre purchase report document. In some instances they will accept an assessment or survey of the Hull only, combined with a Boat Safety Examination.

BSS [ Link to BSS ] This type of boat survey is limited to the areas externally accessible, below water hull areas and external components of the rudder and sterngear only.

The quality of the build, the degree and relevance of wear and a direction on future maintenance form components to this survey.

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The written report generated by the boat survey, offers recommendations on wear and future maintenance aimed to be of use to the boat owner as well as the boat insurance underwriters.

By the very nature of this type of boat survey the craft must have been docked or removed from the water prior to the survey. This survey is less exhaustive than a full condition survey of the same areas. VALUATION SURVEY A Valuation survey, if undertaken in separation to a condition survey, is not an in depth examination or assessment on the condition of a craft, it is solely an opinion on the sale price that the boat surveyor feels the craft may achieve on the open market if offered for sale and sold within a reasonable time period.

Valuation Surveys may be required for a variety of purposes. Insurers will often require a valuation before new cover terms are offered. However, in this scenario it is more usual for a valuation to form a part of a Condition Survey, whereas a valuation survey in isolation may be appropriate if an increase to the insured value of a boat with an existing policy is being sought.

Valuations are often requested as part of asset evaluation for the accounts of companies, by executors administering the estate of a decided owner, by domestic couples who are divorcing or separating or where an abandoned craft is to be disposed of.

In order that the full value of the valuation survey can be realised this type of survey should rarely be carried out if the craft has not been placed out of the water and ideally only when the below water areas have been cleaned back. A number of methods of assessing the craft structure are employed and include, on metal craft, non destructive thickness detection which is carried out using an Ultrasonic thickness testing device.

After the survey has been carried out a detailed written report is provided with a list of recommendations and a suggested time scale by which completion of the rectification work should have been concluded. If required, and as an additional component, an estimated market value of the craft can be provided as part of the pre purchase report document.

However a craft owner, in dispute with their insurers can request an independent survey in order to assess their position.

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A damage survey can be of value to an uninsured claimant, or an insured party wishing to take additional opinion on a matter. Registration under Part 1 is generally required if the vessel is to be used as security for a marine mortgage.

This boat survey does not relate to any aspect of the condition of the boat, but is a quite simply a measurement of the boat to a specific set of criteria combined with a verification of other aspects of the boat. Such certificates can only be issued by approved surveyors such as ourselves.LMR Custom Rods and Tackle!

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