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New Hampshire Admiralty / Maritime Questions & Answers
1 Answer | Asked in Admiralty / Maritime for New Hampshire on
Q: Foreign boat transaction question

A US citizen living in Vermont owns a foreign company that holds a boat as an asset within the company. A US broker is contracted to sell the boat for a 10% commission. The broker is not responsive to offers and the Foreign company sells the boat to a US citizen after import to the US on its own.... Read more »

Tim Akpinar
Tim Akpinar answered on Apr 5, 2020

It's difficult to say based on these facts alone. It could depend on the provisions of the brokerage agreement, communications between the parties, and other issues. Good luck

Tim Akpinar

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