Buyer and Seller Sale Confirmation

Buyer legal name and address [DETAILS]. Seller legal name and address [DETAILS]. Auction identifier [ID]. Vessel year make model [DETAILS], HIN [HIN], registration or documentation [DETAILS]. Trailer year make VIN [DETAILS OR NONE]. Included equipment [LIST OR APPROVED LISTING ATTACHMENT]. Attach the accepted listing and disclosures dated [DATE].

Purchase price payable to seller is $[WINNING BID]. The separate Ballast buyer fee is not credited against this price. Any purchase deposit paid directly to seller or an independent provider is $[AMOUNT OR ZERO], held by [HOLDER], credited toward the price, and refundable or forfeitable only under the following agreed lawful conditions [SPECIFY]. Balance $[AMOUNT] is payable by [METHOD] at closing on [DATE AND LOCATION]. Independent escrow or closing instructions, if used, are attached and accepted by the parties and provider.

Seller will convey the property with transferable title and free of liens except [IDENTIFIED LIENS TO BE PAID AT CLOSING OR NONE]. Required documents and releases are [LIST]. Any lender payoff follows the attached written instructions and is verified directly with the lender. Possession and risk of loss transfer at [SPECIFIC EVENT]. Until that event, seller will maintain the property in substantially its disclosed condition and notify buyer promptly of material damage. Delivery location is [LOCATION]. Buyer and seller allocate transport, storage, taxes, registration, and closing costs as follows [DETAILS], subject to applicable tax law.

Known condition and defects are those in the attached listing and additional signed disclosures [DETAILS OR NONE]. Any agreed inspection, financing, or other contingency and deadline must be stated here [DETAILS OR NONE]. TO THE EXTENT PERMITTED BY LAW, AND SUBJECT TO EXPRESS WRITTEN PROMISES, ACCURATE MATERIAL DISCLOSURES, AND SELLER’S TITLE OBLIGATIONS, THE PROPERTY IS SOLD AS IS AND WHERE IS WITHOUT IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. This does not waive remedies for fraud or rights that cannot legally be waived.

A party discovering a performance problem will promptly notify the other in writing and allow a reasonable opportunity to cure when feasible. The parties retain applicable legal remedies; no automatic forfeiture or predetermined damages are created by this confirmation. Governing law and court venue are [COUNSEL APPROVED LAW AND VENUE], subject to mandatory law. Changes require both parties’ written agreement. This confirmation and its attached accepted listing and addenda record the sale terms; Ballast’s separate fee rights remain governed by the platform agreements.

Buyer signature ____________________ Date ____________________ Seller signature ____________________ Date ____________________