Anyone who has shared, or thought of sharing, a boat has had to face the question of how much to charge partners. In a shared ownership or syndicate scenario the question gets a little easier, i.e., split all costs according to percentage of ownership for each owner. When you want maintain ownership but share your […]
One of the primary questions we get at Nautical Monkey is about boat sharing contracts and syndicate agreements. Specifically what are the primary questions we should be asking, where we can find sample agreements, and what kind of partnership should we create. We will be publishing a set of articles about boat sharing contracts in […]
Since we get so many questions about what kind of legal entity a person should use when setting up a boat sharing partnership, I wanted to take a moment to provide a brief outline of the some of the common choices using a scenario that was submitted to our forum this week, i.e., someone owns […]
While the question is a little fanciful, it is actually designed with a serious purpose – to examine whether there are good reasons, other than cost savings, for bringing partners on a boat. To be sure, money is a perfectly valid and compelling reason to share a boat, but it may not be enough to […]
Give us your good, your bad and your ugly. We want it all. Best story gets a free year of Nautical Monkey and, of course, Accolades, Fame and Notoriety Worldwide!! Who can take part? Anyone who has experience with, an opinion about, or wants to start a dialog about, sharing a boat. What we want […]
Nautical Monkey had the guys from Thrillist Austin come out for a tour of our web site and the boat that spawned the idea – Dot Calm. Have a look at the absolutely hillarious video they produced and read the article here at Thrillist Austin
One of the primary questions we get asked when people are thinking of sharing a boat is how many partners they should have. Most people can get their mind around two people sharing a boat. Communication and scheduling aren’t too difficult with two people and if something happened to the boat and you didn’t do […]
We have seen a myriad of different partnership arraignments work. Family partnerships, business partners or friends who purchase a boat together, relative strangers who become a member on a boat and remain for years – there really doesn’t seem to be a single defining characteristic that insures success in a boat sharing relationship. There are, […]
