The following statements concerning the procedures for surveying this vessel are for your information and benefit. Two survey reports will be provided only to the person authorizing this survey or as agreed to between this surveyor and his client. Please sign and return the attached Work Order before survey date. Please call (561) 547-0509 for fax or if you have any questions.
Surveys are commonly performed on most used boats 20 feet or larger and are usually required to obtain insurance and financing, especially on boats older than 10 years. A survey can save a prospective buyer thousands of dollars by advising him of possible defects and by determining the fair market value of the vessel. The seller of a boat may also request a survey to determine the fair market value before placing the boat on the market. If a vessel is damaged, the owner’s insurance company will require a survey be performed to determine the cost of repairs.
The survey will include the inspection of all parts of the vessel where accessible, including the condition and safety of all accessible parts and equipment, to determine the “fair market and replacement values” of the vessel. The report will include “Findings & Recommendations”, which will include what problems must be addressed to insure safety and whether the boat is “Fit For Its Intended Service And Suitable For Its Intended Use”.
I urge that all gasoline and diesel engines have a more detailed survey be performed by a qualified Engine Surveyor to determine the condition of the engines, gears and pumps, heat exchangers, coolers, etc. Oil samples are also recommended for each engine and transmission. I recommend a “Sea Trial” be performed and that the vessel be hauled out for an out-of-water inspection of the vessel’s hull and underwater machinery.
Time and additional expenses can be saved by preparing the vessel for inspection by clearing miscellaneous equipment from lockers and cabin areas, to make the vessel more accessible. As well as having appropriate documents and maintenance records available at the time of survey.
It may be necessary to require minor dismantling of interior ceilings, headliners or flooring in order to gain access to suspected areas. Fasteners on wood boats or keel bolts on sail boats may need to be inspected for corrosion. Removal and re-installation of these parts are the responsibility of the owner of the vessel and should be done by qualified persons. No joiner work or fasteners will be removed, nor will any destructive testing be performed, without written consent by the owner. Only accessible areas will be inspected, and it is understood that the surveyor assumes no responsibility for any defects not found in non-accessible areas and is not responsible for conditions subsequently arising. Rigging surveyed on sailing vessels above eye level (aloft) must be arranged in advance, and will depend on the vessels equipment condition, available personnel and weather conditions if the mast is to be ascended.