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Boat is located at ________________________________________________________________. The asking price for the YACHT and all included equipment described on the attached inventory listing is $________ .It is understood that the OWNER may elect to reduce the asking price or to accept a lower offer. DEATON YACHT SALES agrees: To develop and distribute sales information
describing the YACHT, and to advertise and show the YACHT. To present all bona
fide purchase offers to the OWNER in accordance with his instructions. To inform immediately Deaton Yacht Sales of any changes in equipment, condition, and location of the YACHT . To pay Deaton Yacht Sales a brokerage sales commission of 10% of the selling price (or $1,000, whichever is greater) when the YACHT is sold through Deaton Yacht Sales or if privately sold within a year of the termination of this agreement to a purchaser introduced to the YACHT through Deaton Yacht Sales. To allow Deaton Yacht Sales staff to board and show the boat in its usual slip or any other location(s) where it may be from time to time and to provide insurance on said vessel and to hold harmless the broker during required (including sea trials) movement of said vessel. To provide proof of ownership; clear title and documents necessary for transfer on or before closing. If a purchase deposit made on a sales contract is forfeited by the BUYER, the OWNER and Deaton Yacht Sales shall divide the retained deposit equally as liquidated damages. This brokerage agreement shall be for a minimum of (6) six months, after which it may be canceled by either party with 60 days written notice. SIGNED: ________________________________ OWNER/SELLER DATE ______________ Print Name
_______________________________ Key or
Combo ____________________
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