Buying or Selling a Vessel: Legal Pitfalls to Avoid

Episode Summary:  In this episode of *Anchored in Law: The Maritime Podcast* Maritime Todd Lochner reveals the unexpected legal pitfalls that often catch boat buyers and sellers off guard. From hidden vessel liens to the importance of verifying documentation, Todd sheds light on crucial aspects that can impact maritime transactions. Key Timestamps: 00:00 – Introduction 01:30 – Existence of Prior Liens on Vessels 04:15 – Risks of Loss in Boat Transactions 06:30 – Verification of Liens and Documentation 09:45 – Regulatory Complexities in Boat Sales 12:20 – Broker Contracts and Hidden Terms About the Show: *Anchored in Law: The Maritime Podcast* is a podcast hosted by Maritime Todd Lochner, offering expert insights and practical advice on navigating the legal complexities of maritime transactions. Join Todd as he shares his wealth of experience in protecting vessel owners and businesses from costly legal surprises.