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The Yacht Lawyer Will See You Now
Ep. 25

April 29, 2026

43 min

The Yacht Lawyer Will See You Now

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Whether you're a buyer, seller, or industry professional, understanding the nuances of contracts like the IYBA PSA and MYBA MOA can make or break your transaction.

πŸ”” Subscribe to Full Displacement, the Current Yachts podcast.

Contact & Resources:

βš“οΈ Robert Allen Law, Maritime & Yachting Lawyers: https://currentyachts.com/resources/directory/robert-allen-law
⬇️ Download the Current Yachts boat buying spreadsheets & checklists: https://youtube.currentyachts.com/downloads
πŸŽ₯ Watch The Full Displacement Podcast from the start: https://podcast.currentyachts.com/all

Key Findings:

πŸ”Ž The fundamental differences between IYBA and MYBA purchase and sale agreements
⏰ Significance of "Time is of the essence" clause and its absence in IYBA
πŸ’° Deposit deadlines, default rights, and remedies under both agreements
✍🏼 Acceptance and rejection procedures for vessels, including strategic uses
πŸ“‹ Inventory, exclusions, and dealing with offsite storage and leased items
πŸ‘©πŸ»β€βš–οΈ Jurisdiction, dispute resolution venues, and arbitration options
⚠️ The importance of clear disclosures, owner certifications, and minimizing disputes
πŸ—ΊοΈ How regional preferences influence agreement choices in the industry
βš“οΈ Practical insights on risk management and buyer/seller protections
🧐 The impact of AI and software-generated documents on contract integrity

Who is Current Yachts?

We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way.

We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. How?
1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions. And the buyer-side commission (called co-brokerage) only gets paid if a co-broker is present.
2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need t protect their interests.
3️⃣ Our modern platform streamlines the listing intake process including an listing agreement you can generate and signed digitally within minutes. Our platform ensures real-time communication with a dedicated team and provides analytics for all parties.

🏁 The result? More transparent yacht sales, and faster, more efficient transactions.

We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike.

Connect with Current Yachts

Facebook | Instagram | LinkedIn | πŸ“© Contact Current Yachts | πŸ›₯️ Browse our yacht inventory

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The yacht brokerage industry is changing, and Current Yachts is leading the way. Our innovative platform and service-based approach combine the best of traditional brokerage expertise with modern technology and fair pricing.

Ready to protect your equity while working with seasoned professionals? Contact Current Yachts today and experience yacht brokerage done right.

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