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When selling a used boat....

Posted on 10/25/12 at 11:32 am
Posted by avid lurker
houma
Member since May 2008
925 posts
Posted on 10/25/12 at 11:32 am
By law what does the seller have to disclose?
Posted by Motorboat
At the camp
Member since Oct 2007
22666 posts
Posted on 10/25/12 at 11:35 am to
Sell it "as-is" and you shouldn't have to worry about unless the buyer asks a specific question about that condition.

However, if the boat has some issues, it is probably best to lay it all out there so some redneck doesn't come back on you with a shotgun.

for big boat$, a survey should be done--sort of like a home inspection.
Posted by TBoy
Kalamazoo
Member since Dec 2007
23652 posts
Posted on 10/25/12 at 11:36 am to
How about "any material fact known by you." If you conceal any material fact, that can be considered fraud, which can cost you a lot of money. In Louisiana, fraud is defined as follows:

"Fraud is a misrepresentation or a suppression of the truth made with the intention either to obtain an unjust advantage for one party or to cause a loss or inconvenience to the other. Fraud may result from silence or inaction."
Posted by avid lurker
houma
Member since May 2008
925 posts
Posted on 10/25/12 at 11:52 am to
Thanks for the info.
Posted by Chad504boy
4 posts
Member since Feb 2005
166135 posts
Posted on 10/25/12 at 11:53 am to
quote:

avid lurker
When selling a used boat....
By law what does the seller have to disclose?


saved.
Posted by Who Me
Ascension
Member since Aug 2011
7090 posts
Posted on 10/25/12 at 12:18 pm to
What type of boat are you selling? Specifically what model and a description so I can tell my buddy not to buy it
Posted by Chad504boy
4 posts
Member since Feb 2005
166135 posts
Posted on 10/25/12 at 12:23 pm to
quote:

What type of boat are you selling? Specifically what model and a description so I can tell my buddy not to buy it

Posted by Who Me
Ascension
Member since Aug 2011
7090 posts
Posted on 10/25/12 at 12:24 pm to



I think that'll do for full disclosure
Posted by OldSouth
Folsom, LA
Member since Oct 2011
10940 posts
Posted on 10/25/12 at 12:49 pm to
Posted by avid lurker
houma
Member since May 2008
925 posts
Posted on 10/25/12 at 12:51 pm to
No im on the other end of this one
Posted by VernonPLSUfan
Leesville, La.
Member since Sep 2007
15815 posts
Posted on 10/25/12 at 12:57 pm to
That boats is fiya.
Posted by Chad504boy
4 posts
Member since Feb 2005
166135 posts
Posted on 10/25/12 at 12:57 pm to
quote:

That boats is fiya.
We don't need no water—Let the motherfricker burn!
Burn, motherfricker, burn!
Posted by VernonPLSUfan
Leesville, La.
Member since Sep 2007
15815 posts
Posted on 10/25/12 at 1:02 pm to
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