Boat Purchase Agreement

					                                 Purchase Agreement for C&C 27 “Name”

                                              Year Serial #
                                           Yanmar 2GM Serial #
                                               Licence #
                                               Located in

Seller:
Name, Address, Phone #, e-mail


Buyers:
Name, Address, Phone #, e-mail

Name, Address, Phone #, e-mail


The above purchasers hereby offer to purchase “name” a 19??1 C&C 27, white hull and deck,
teak interior wood, teak and holly sole and aluminum mast, boom and spinnaker pole. Boat
includes all equipment, sails, rigging etc. as described in the attached inventory. In addition,
assorted docklines, a Force 10 propane barbeque and extra filters, water pump impeller, winch
covers and a cockpit cover are also included.

In accepting this offer, the seller confirms that the boat is free of all liens or obligations,
encumbrance of any nature and will convey to the purchaser at the time of final payment a
transfer of registration and title.

Until the time of the completion of the sale the seller is responsible for storage, care and
insurance, and in the event that the boat is damaged or destroyed before the Buyer takes
possession of it, the Buyer shall have the option of canceling and nullifying the purchase and
sale, and in such case the seller shall return any deposit already paid.

The seller will place all of the boat’s equipment and gear on board the boat for transportation,
except the mast which is located in a mast rack on the side of the storage building. Prior to the
final sale the buyer will have access to the boat for reasons of a survey or general inspection.
The seller warrants that the Yanmar diesel engine is being sold with the boat and is in working
order at the time of sale.

The buyer agrees to pay $XX,000 in total for the purchase of Name and the listed equipment. A
deposit of $X,X00 (10%) is included with this offer. Acceptance of the deposit shall be
confirmation of acceptance of the terms of this offer. Within 14 days of accepting this offer, the
seller shall sign this offer and return it to the purchaser as a receipt.

The balance of the purchase price, $ XX,000 , less $500 as noted below ($XX,000 - 500), shall
be payable in a bank cashier cheque on or before acceptance of the boat, which shall happen on
or before DDD. The Seller will provide the purchaser or his/her representative access to the boat
for transportation from the seller’s site.

At the time of acceptance of the boat, the purchaser shall also provide the seller with a separate
cheque in the amount of $500.00, which may be post-dated no later than one month after date of
acceptance of the boat. This “hold-back” is in consideration of the warranty provided by the
seller that the Yanmar engine is in good working order at the time of sale. This sum may only be

57b47889-158b-4e89-a72a-891020a9130c.doc         Page 1 of 3                                May 23, 2005
                                 Purchase Agreement for C&C 27 “Name”

withheld if it is determined upon launching the vessel that there are major mechanical problems
with the engine which could not be assessed while the boat was out of the water.

The seller will provide a receipt of payment for the final payment at the time of payment. The
sale will be conducted according to the laws of the Province of XXX.


The buyer(s) agrees to purchase the boat and listed equipment according to the terms of this
agreement.

Buyer’s Name:

Signature:____________________              Dated:______________ in _______________________

Buyer’s Name:

Signature:____________________              Dated:______________ in ______________________


The seller accepts this offer and agrees to sell the boat and listed equipment according to the
terms of this agreement. This acknowledges receipt of $X,X00.00 as a deposit toward this
purchase.

Seller’s Name:

Signature:____________________              Dated:______________ in ______________________




57b47889-158b-4e89-a72a-891020a9130c.doc        Page 2 of 3                               May 23, 2005
                                 Purchase Agreement for C&C 27 “Name”

                                              Bill of Sale
                                            Year 1981 Serial #
                                           Yanmar 2GM Serial #
                                                Licence #
                                               Located in


Seller:
Name, Address, Phone #, e-mail

Buyers:
Name, Address, Phone #, e-mail

Name, Address, Phone #, e-mail


In accordance with the purchase agreement signed _____________ by Name 1, _____________
by Name 2, and _____________ by Seller, this Bill of Sale confirms the sale of the above
referenced C&C 27 in accordance with the terms of aforementioned purchase agreement.

The buyers acknowledge delivery of the boat and listed equipment in good order.

Buyer’s Name:

Signature:____________________               Dated:______________ in _______________________

Buyer’s Name:

Signature:____________________               Dated:______________ in ______________________


The seller acknowledges receipt of a bank draft in the amount of $XX,000 and a check in the
amount of $500, dated XXX, as payment in full for the above referenced C&C 27.


Seller’s Name:

Signature:____________________               Dated:______________ in ______________________




57b47889-158b-4e89-a72a-891020a9130c.doc         Page 3 of 3                          May 23, 2005

				
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