Marine Condition and Value Survey

Harbor View Marine Surveying

Marine Condition and Value Survey

Most boat owners will require a marine survey at some point. A marine survey can be conducted for any number of reasons. However, the four most common types are:

• The marine condition and value survey (often referred to as a pre-purchase condition and value survey if conducted while a vessel is being bought).
• The Marine insurance survey.
• The Marine appraisal inspection.
• The Marine damage survey.

Marine Condition and Value Survey

The most comprehensive assessment a vessel will likely receive, a marine condition and value survey, provides clients with an informed, professional opinion of a boat's condition and fair market value. It includes an in-depth visual inspection of structural integrity, safety equipment, and all other miscellaneous onboard systems (electrical, propulsion, sanitation, potable water, navigation, etc), as well as an out-of-water hull inspection and test run or sea trial.

The written report of a C&V survey provides detailed information on the vessel and contains a list of noted discrepancies or variations from the American Boat and Yacht Council (ABYC) and National Fire Prevention Association (NFPA) standards, as well as deviations from the United States Coast Guard requirements and prudent seamanship. The report will also contain a "Recommendations" section listing safety, maintenance, and repair items that need to be addressed.

A Marine Condition and Value survey should always include a haul-out and external inspection of the hull, running gear, and external hardware.