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The Boat Purchase And Sale Agreement is a crucial legal document used in Belgium for transactions involving the sale and purchase of various types of vessels, from pleasure craft to commercial boats. This document is essential when transferring boat ownership and must comply with Belgian maritime law, including the Belgian Maritime Code and relevant Royal Decrees. It should be used whenever a boat sale occurs within Belgian jurisdiction, whether between private individuals, commercial entities, or a combination of both. The agreement includes comprehensive details about the vessel, payment terms, warranties, registration requirements, and transfer procedures. It also addresses specific Belgian requirements regarding vessel registration, VAT status, and environmental compliance. The document typically requires review by legal professionals familiar with Belgian maritime law and may need notarization depending on the vessel's value or type.

1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and registration numbers if companies

2. Background: Context of the sale and brief description of the transaction

3. Definitions: Definitions of key terms used throughout the agreement

4. Vessel Description: Detailed description of the boat including make, model, year, registration number, hull identification number, and specifications

5. Purchase Price: The agreed purchase price, payment terms, deposit requirements, and payment method

6. Conditions of Sale: Statement that the vessel is sold 'as is' or with specific warranties, disclosed defects, and current condition

7. Title and Registration: Confirmation of seller's ownership, process for title transfer, and registration requirements

8. Closing and Delivery: Details of the closing process, delivery location, timing, and transfer of possession

9. Representations and Warranties: Standard representations and warranties from both parties regarding authority to enter agreement and vessel condition

10. Risk and Insurance: Transfer of risk and insurance requirements during the transaction period

11. Default and Remedies: Consequences of default by either party and available remedies

12. Governing Law: Specification of Belgian law as governing law and jurisdiction

13. Execution: Signature blocks and execution requirements