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Vessel Bill Of Sale
"I need a Vessel Bill of Sale for the transfer of a cargo vessel currently registered in Singapore to a Japanese buyer, with completion scheduled for March 2025, including specific provisions for crew transfer and bunker fuel inventory."
1. Parties: Details of the seller and buyer, including full legal names and addresses
2. Background: Brief description of the vessel and context of the sale
3. Definitions: Key terms used in the document
4. Vessel Details: Complete specification of the vessel including registration number, IMO number, and technical details
5. Purchase Price: Amount and payment terms
6. Transfer of Title: Declaration of transfer of ownership
7. Warranties: Seller's warranties regarding vessel ownership and condition
8. Execution: Signing provisions and witness requirements
1. Conditions Precedent: Conditions that must be met before completion - used when there are specific prerequisites to the sale
2. Inspection Rights: Buyer's rights to inspect the vessel - included when inspection is part of the sale process
3. Crew Arrangements: Provisions regarding existing crew contracts - used when the vessel is sold with existing crew
1. Vessel Specifications: Detailed technical specifications of the vessel
2. Inventory List: List of equipment, spare parts, and other items included in the sale
3. Certificate of Registry: Copy of current registration certificate
4. Classification Certificates: Copies of relevant classification and compliance certificates
5. Protocol of Delivery: Document confirming physical delivery of the vessel
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