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Can a vessel “fail” its pre-purchase C&V survey?

April 26, 2017fail pre-purchase Survey vessel

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Can a vessel “fail” its pre-purchase C&V survey?

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All vessels will have items requiring attention, however in most cases these will not in themselves preclude the sale. The buyer has the option of purchasing the vessel and making the changes or recommendations, or renegotiating the selling price if warranted.