By Yasmine EDDAM
17 April 2025
The idea of buying a boat as a group appeals to many people who love the sea, whether for fishing, pleasure or even a commercial activity. It's an age-old practice that allows you to share the costs and pleasures of sailing. But beware: owning a shared vessel is not something you can improvise. French law provides a specific legal framework for this situation: co-ownership of ships, often associated with the term "quirat". This system is quite distinct from the classic system of joint ownership of property, for example. For a comprehensive understanding of the rights and obligations associated with this system, see our essential guide to ship co-ownership. Understanding how co-ownership of a ship is constituted and how it is organised on a day-to-day basis is fundamental from the outset. It's not just a matter of raising funds; a formal framework is required, involving documents...
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