July 21st, 2009
Sharing ownership in a large yacht. How does that work in real life? Edo Ankum answers this question (in Dutch).
A seperate agreement, entered into by the owners, sets out the ‘rules of the game’ regarding private use of the vessel. See
‘Project structure’ for detailed info on this matter. It all comes down to each owner being entitled to use Long Tall Sally exclusively for one month a year. Alternatively, an owner can release his or her right to exclusivity. In return such owner shall be entitled to stay on board for a much longer period, up to three months. He or she will share Long Tall Sally with other owners and/or charterguests and thus be able to share travelling experiences with lide minded passengers.
