By Raphaël MORENON
25 March 2025
Buying a pleasure boat, merchant ship or aircraft by auction can be an excellent opportunity. However, these procedures, which come under the heading of sales by auction, are governed by complex legal rules that are often unfamiliar to the general public. Whether it's a forced sale following a seizure or an auction to get out of a joint ownership situation, the bidder's path is marked out by specific stages. This article provides a complete overview of these mechanisms, clarifying the essential distinctions between the sale of a ship, boat or aircraft. What goods are covered by these auctions? There is a wide variety of goods on offer. An auction can involve an imposing commercial vessel, or a simple pleasure boat. In this category, it is common to find a family sailboat from a certain year, a RIB or a small speedboat. Potential buyers should take a close look at the...
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