Terms of Business

Each NYB office operates under its own Terms of Business for brokerage services. These govern:

• Listing a vessel for sale
• Commission structure
• Buyer and seller obligations
• Contractual arrangements
• Anti money laundering requirements
• Fraud prevention procedures
  
• Dispute resolution
  

Clients will receive the relevant office’s Terms of Business when entering a brokerage agreement. A summary will be available on this website.