The sail yacht management with early guaranteed income is totally equivalent to the guaranteed income and also provides:
- the charter or bareboats company pays the annuity guaranteed for all the years of the contract in advance and in a single payment as agreed in the sail yacht management contract.
- At the time of sailboat purchase , the shipowner then pays just the rest of the sailboat, except the first income.
- The sailboat management program varies from a minimum of 3 years to a maximum of 7 years.
- In the event of early split of the sail yacht management contract, the shipowner returns the part of the annuity anticipated and not used by the charter and bareboats company, plus an interest rate accrued.
- It is not a usual practice, but any used sailboats can be taken into consideration by the bareboats company for sailboats and yachts management programs.
- the charter and bareboats company can apply the sail yacht management criterion with guaranteed advance payment also for the purchase of one of its used sailboats.
FIND MORE
FIND MORE
FIND MORE
FIND MORE