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 […]
Ready to start sharing a boat this season? Would you believe that 2014 is almost three twelfths over already! Whatever your boat sharing plans and aims are for this year, you best get on with them. Time flies after all! Sure it’s still 30 degrees outside, but there’s no time like the present to get […]
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 […]
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, […]
First, for clarification’s sake, an LLC (Limited Liability Company) is a type of corporation. However, for ease of discussion I’ll use the term “corporation” to refer to a Subchapter S Corporation (we will leave C Corporations out of this discussion as impractical for putting a boat into). In the world of boat sharing, there is […]
