Buying through a broker:
I strongly advise young yachtsmen to buy their boats through a broker, if it is a second-hand craft. These men are up to all the tricks of the trade, and are thus able to safeguard a client’s interests. If the boat is registered, they will attend to the custom-house part of the transaction, and get the thing put through properly, besides saving you endless bother. If she is not registered, they will get you a proper bill of sale, and see that the boat has no liens or mortgages lying against her. I have known several cases where men have bought and paid for boats only to find that the vessel was mortgaged, or else somebody unknown was a part owner.