I Co-Own The East Coast Lady.  It was not a hard choice for me. I would
never be able to keep my boat at the marina as I do now, with the $ help of
a partner. My sailing partner is 10 or 12  years older than me and my wife.
This works out for the older couple now. We can only sail on the weekends
and vacations. They can sail every day. 10 years from when we retire, we
will be sailing all the time and  partner will be tired and only want to
sail once in a while. The boat is mine on paper and will remain so. The
deal to the partner is we split the operational cost, up-fit cost,
Maintenance fuel fees dockage, haul-out fees, etc. etc. you own the boat
and share the rest. Work out sailing times. It has worked great for us and
to be quite frank the 2 of us don't use it enough. Just make sure you
explain going into the relationship the the deal has nothing to do wioth
ownership. Its only usage. Make sure they are as anal as you on the
cleaning of the bottom and the bird poop on top. Make sure you like them
cause you will find your self sailing with him more than you think.  Have
fun... Like I said it works great for us.



On Sat, Jul 12, 2014 at 4:19 PM, Jimmy Kelly via CnC-List <
cnc-list@cnc-list.com> wrote:

> has any one tried shared ownership of sailboat?  have owned & operated  my
> cnc 41 for 40 years..am finding not using enough..but do not wish to sell
> her...younger co owners as well as us in 70s...could work something out..to
> mutual benefit....boat in good shape needs very little   other than
> marina&insurance costs..would this be good way for younger couple to get
> into larger boat....any ideas are welcome...boat currently west coast ...
>
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-- 
"All men dream: but not equally. Those who dream by night in the dusty
recesses of their minds wake up in the day to find it was vanity, but the
dreamers of the day are dangerous men,for they may act their dreams with
open eyes, to make it possible."

T. E. Lawrence

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