Re: [PCW] SHARED OWNERSHIP OF A CATAMARAN ???

RZ
ron_zeppieri@juno.com
Sun, Apr 9, 2006 9:09 PM

Hi Dennis

    Interesting idea but fraught with danger. What do you do if one

party causes damage? Will the boat be insurable? How do you get out of
the partnership? One party would have to act as administrator and make
sure that the maintenance gets done on schedule. The parameters that you
proposed make sense and, with those parameters, the "right" people could
make it work. The US made Endeavour Trawler Cat 44 is a better boat than
any of the foreign built ones, and less expensive. Mine is on the market
for $395,000 right now but maybe with 3 or 4 others forming a
partnership, we could still cruise her once in awhile instead of just
losing her altogether?
Have a nice Bahamas cruise. I wish we were joining you!! - Ron &
Judy M/V OdySea

Hi Dennis Interesting idea but fraught with danger. What do you do if one party causes damage? Will the boat be insurable? How do you get out of the partnership? One party would have to act as administrator and make sure that the maintenance gets done on schedule. The parameters that you proposed make sense and, with those parameters, the "right" people could make it work. The US made Endeavour Trawler Cat 44 is a better boat than any of the foreign built ones, and less expensive. Mine is on the market for $395,000 right now but maybe with 3 or 4 others forming a partnership, we could still cruise her once in awhile instead of just losing her altogether? Have a nice Bahamas cruise. I wish we were joining you!! - Ron & Judy M/V OdySea