What Happens During a Pre-Purchase Yacht Survey?
A pre-purchase survey is an independent inspection carried out for a prospective buyer before completing the purchase of a vessel. Its purpose is to identify defects, assess the vessel's condition and provide the buyer with a clearer understanding of what they are purchasing.
What is inspected?
The survey normally covers the hull and topsides, deck structure, machinery installation where accessible, steering, stern gear, electrical systems, fuel and water systems, seacocks and skin fittings, safety equipment, accommodation, rig and deck equipment where applicable, and other accessible structural and operational items.
How is the vessel surveyed?
A marine survey is primarily a visual and non-destructive inspection. Accessible areas are examined closely and appropriate instruments may be used, including moisture meters, percussion testing equipment and electrical test equipment. Machinery and systems may be function-tested where conditions and the scope permit. Areas hidden behind fixed linings, tanks, machinery or furniture cannot normally be inspected without dismantling.
Why does the report matter?
The resulting report records the vessel's condition at the time of inspection, identifies significant defects and sets out recommendations for repair or further investigation. It can also help a purchaser decide whether specialist engineering, rigging or other inspections are required before completion.
Before you buy
A survey should be arranged before you become contractually committed wherever the purchase process allows. Give the surveyor enough time to inspect the vessel properly, ideally both afloat and ashore where underwater areas are within scope.
