This is a 50% share purchase, details below:
Purchase a 50% interest in Patrician LLC which owns Patrician
Purchase price would be 50% of the current FMV of Patrician.
Pay 50% of the ongoing costs of Patrician: Annual decommission and recommission, unscheduled repairs, insurance, cost of slip, annual property taxes on boat, etc.
Pay 50% of documenting partnership
Pay for their own operating costs of diesel, transient slips etc. while cruising
- Boat would remain at its current slip at Schooner Cove, Stamford, CT and be serviced by the two mechanics there, unless more ... read more
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