For those buying a boat, seeking to obtain finance or in some cases for those seeking to obtain insurance the Condition Survey can be required.
The Condition Survey provides a detailed assessment of all areas made available by the owner or vendor. The commissioner is provided with a more thorough understanding of the favourable and less favourable aspects of the boat or intended purchase. In the case of Pre-Purchase, the survey report aims to assist the potential buyer when it comes to the decision on whether or not to purchase the boat.
In order that the full value of the survey can be realised this type of boat survey should rarely be carried out if the craft has not been placed out of the water and ideally only when the below water areas have been cleaned back.
A number of methods of assessing the boats structure are employed and include, on metal craft, non destructive thickness detection which is carried out using an Ultrasonic thickness testing device.
After the boat survey has been carried out a detailed written report is provided with a list of recommendations and a suggested time scale by which completion of the rectification work should have been concluded. If required, and as an additional component, an estimated market value of the boat can be provided as part of the pre purchase report document.