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The conditional bill of sale refers to any assignment or transfer of personal chattels to a person by way of security for the payment of money. The conditional bill of sale creates a security in favour of the grantee of the bill whereby the grantee is given personal right of seizure giving right to a security interest of a possessory nature.
The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining .
Norwegian International Ship Register or NIS is a separate Norwegian ship register for Norwegian vessels aimed at competing with flags of convenience registers such as Panama and Liberia.
Ship registration has been done since business on the seas has been important. Originally meant to control ships carrying cargo in European seafaring countries, [1] it was used to make sure ships were being built in the local country, with crews predominantly of the local country. [4]
The owner of the goods pays the third-party a portion of the sale for facilitating the sale. Consignors maintain the rights to their property until the item is sold or abandoned. Many consignment shops and online consignment platforms have a set time limit (usually 60–90 days) at which an item's availability for sale expires.
The boat has a draft of 4.16 ft (1.27 m) with the standard long keel. The boat is fitted with a British Perkins 4-154 diesel engine of 62 hp (46 kW). [8] Out Island 41 Classic (Morgan Classic 41) Example of modified keel on Morgan OI 41 Classic This masthead sloop model was introduced in 1986 and built until 1991, with 150 boats completed.
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