After a condition survey, the surveyor issues a “Vessel Condition and Valuation Report,” detailing the vessel’s physical state and fair market value.
In a pre-purchase survey, Yacht and Small Craft Surveyors examine the hull, electrical systems, engine, and other essential components to assess the vessel’s overall condition.
A valuation survey assesses the market value of a vessel, commonly for sale, insurance, or financing purposes.
Yacht and Small Craft Surveyors focus on assessing the condition, valuation, and safety of recreational vessels.
Extensive fiberglass damage on the hull could compromise the vessel's structural integrity, which is a serious concern.
