When you contact a marine surveyor Fort Lauderdale, he will inspect your boat from top to bottom, inside out, and compile a survey report. The survey report is what provides you with the details you need to know about a boat. While the inclusions in the survey vary depending on the type of survey you are getting, there are certain details that remain the same. In this post, we will be focusing on what a condition and valuation survey report should include.
Condition & Valuation Survey
The condition and valuation survey is the most common type of survey. This is the survey you need to request if you are thinking about buying a used boat or want to understand the current condition and fair market value of your current boat. If this is what you need, you first need to make sure that you hire the right marine surveyor Fort Lauderdale. The best surveyor, in this case, is the one with an untarnished reputation as well as one with experience reviewing boats that are similar to the one you are considering.
Away from hiring the right boat surveyor, you need to know what should be included in the survey. The basic information on the survey report is the names of the owners and/ or buyers, location, and weather conditions. The survey will further include the following information.
- Identify the unique markings on the boat. This includes the name, hull identification number (HIN), hailing port, and state or federal registration numbers.
- Details about the construction of the boat and the installed equipment. These details will be to the degree required or depending on the objective of the marine survey.
- Published dimensions of the boat as well as describe the boat’s construction
- Remark on the condition of the boat and its systems
- Provide recommendations on corrections or repairs required to make the boat safe or functional.
- Photographs of the boat from multiple angles. The images should include the HIN and the registration numbers. Photos of notable deficiencies or improvements will also be included.
- The current fair market value of the boat and its possible replacement value
Qualities of a good survey report
Marine surveys have a very technical nature. They include jargons and terms that are not familiar to the average boat owner. It is the job of the marine surveyor Fort Lauderdale to ensure the survey report is clear, concise, and relays the information required by a customer. A good survey should not require you to keep calling the surveyor for clarifications. You should be able to understand precisely what has been written.