Sample Rinker 342 2014

TIPTON MARINE SURVEYS
INDEPENDENT MARINE SURVEYOR

2005 Rinker 342
"Removed for Privacy"
P.O. Box 1 Lenoir City, TN 37771
(865) 406-3029
MEMBER OF SOCIETY OF ACCREDITED MARINE SURVEYORS
Report of Marine Survey
Of The Vessel
"Removed for Privacy"
2005 Rinker 342
Conducted by
James R. Tipton, Surveyor Associate
PREPARED EXCLUSIVELY FOR:
Removed for Privacy
May, 2014
MEMBER OF SOCIETY OF ACCREDITED MARINE SURVEYORS
TABLE OF CONTENTS
TOC "Removed for Privacy" surveyed by Tipton Marine Surveys - Lenoir City, TN 37771
SECTION PAGE NO.
I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
INTRODUCTION
1
II. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
GENERAL INFORMATION
4
III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SYSTEMS
6
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . HULL DECK AND SUPERSTRUCTURE 6
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CABIN APPOINTMENTS 9
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PROPULSION 11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FUEL SYSTEM 13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ELECTRICAL SYSTEMS 14
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FRESH WATER SYSTEM 17
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SANITATION 18
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . STEERING SYSTEM 19
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . GROUND TACKLE 19
. . . . . . . . . . . . . . . . . . . . . . . . . . . . ELECTRONICS AND NAVIGATION EQUIPMENT 19
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . THRU-HULLS 20
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BONDING SYSTEM 22
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SAFETY EQUIPMENT 22
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OUT OF WATER INSPECTION 23
. . . . . . . . . . . . . . . . . . . . . . . . AIR CONDITIONING AND HEAT (AIR CONDITIONING) 25
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SEATRIAL REPORT 25
IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
FINDINGS AND RECOMMENDATIONS
28
V. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SUMMARY AND VALUATION
33
VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
PHOTOGRAPHS
37
TOC "Removed for Privacy" surveyed by Tipton Marine Surveys - Lenoir City, TN 37771
I. INTRODUCTION
Page 1 of 42 "Removed for Privacy" surveyed by Tipton Marine Surveys - Lenoir City, TN 37771
SCOPE OF SURVEY
Acting at the request of Removed for Privacy, the attending surveyor conducted a Pre-Purchase
Marine Survey of the "Removed for Privacy" a 2005 Rinker 342, beginning on May 13, 2014 at
09:45 A.M. through 16:45 P.M. where she was docked at Harbortowne Marine, 280 Tellico Port
Rd., Niles Ferry Industrial Park, Vonore TN 37885.
The weather was mild with occasional showers and temperatures in the mid to high eighties. The
ship's papers were available and appeared to be in order. The Hull Identification Number (HIN)
RNKXXXXXXX as indicated on the vessel's state registration was able to be verified on the
transom. A sea trial and an out of the water inspection of the vessel's underwater machinery and
the exterior of the hulls wetted surface area was performed following the in the water portion of the
survey. The broker for the potential sale, Mr. Scott Clements was present during portions of the
survey and piloted the vessel during the sea trial.
The reason for the survey, was to ascertain the physical condition and value of the vessel for
Removed for Privacy for possible purchase. AC and DC power was used to check the operation
of the electrical systems specified in this report only. Electronic equipment was checked for
''power up'' only. No reference or information should be construed to indicate evaluation of the
internal condition of the engines or the propulsion system's operating capacity.
This vessel was surveyed without removal of any parts, including fittings, tacked carpet, screwed
or nailed boards, anchors and chain, fixed partitions, instruments, clothing, spare parts and
miscellaneous materials in the bilges and lockers, or other fixed or semi-fixed items. Locked
compartments or otherwise inaccessible areas would also preclude inspection. The owner is
advised to open up all such areas for further inspection. Further, no determination of stability
characteristics or inherent structural integrity has been made and no opinion is expressed with
respect thereto. This survey report represents the condition of the vessel on the above date, and
is not to be considered an inventory or a warranty either specified or implied.
Where installation of double hose clamps are recommended throughout this report, it is
understood that double clamps should only be installed where there is sufficient length of tailpiece
/ pipe available and hose length overlap to allow correct installation. No clamp shall be installed
closer than 1/4" to the end of the hose and must fully engage the tailpiece / pipe or fitting. Any
clamp extending over the end may cause the hose to be cut internally or force the hose off the
fitting and is an incorrect installation.
Solid, unperforated type hose clamps utilizing 316 stainless steel with rolled edges are
recommended for all hose to pipe joints particularly when located below the waterliine.
CONDUCT OF SURVEY:
THE MANDATORY STANDARDS PROMULGATED BY THE UNITED STATES COAST
GUARD (USCG), UNDER THE AUTHORITY OF TITLE 46 UNITED STATES CODE (USC);
TITLE 33 AND TITLE 46, CODE OF FEDERAL REGULATIONS (CFR), AND THE
VOLUNTARY STANDARDS AND RECOMMENDED PRACTICES DEVELOPED BY THE
AMERICAN BOAT AND YACHT COUNCIL (ABYC) AND THE NATIONAL FIRE
PROTECTION ASSOCIATION (NFPA) HAVE BEEN USED AS GUIDELINES IN THE
I. INTRODUCTION
CONDUCT OF THIS SURVEY.
Any moisture readings taken and referenced within the body of the report, were taken
using a General Electric Aquant Surveymaster (BLD5760) and/or a Ryobi Moisture meter.
Electrical readings were taken using a Fluke 77 IV multimeter, Hyoki 3280-20 Digital
Clamp On meter and an ExTech CT-70 AC Circuit Load Tester.
The use of the word ''appears'' is intended to indicate that a close or complete
inspection was not possible or it was not deemed appropriate at the time of this survey.
The deficiencies reported herein reflect the conditions observed at the time the survey
was conducted.
Use of asterisks * in the body of the report will indicate that a finding will be listed in the
Findings and Recommendations section pertaining to the asterisked item, following the
body of the report.
I. INTRODUCTION
VESSEL DESCRIPTION
The "Removed for Privacy", a Rinker 342 Fiesta Vee is a midsize express style cruiser built on a
wide beamed semi-V hull, with a lowered floor in the salon and taller, foredeck tooling that
increased cabin headroom and overall living space over previous year models. The cockpit, with
seating for six to eight, includes a full wet bar with sink refrigerator and icemaker. Additional
features include a walk-through windshield, electric engine hatch, extended swim platform, central
vacuum system and transom shower. She is powered by twin Mercruiser 350 MPI Horizon 5.7L
gasoline engines.
II. GENERAL INFORMATION
GENERAL INFORMATION
. . . . . . . . . . . . . . . . . SURVEY PREPARED FOR: Removed for Privacy
. . . . . . . . . . . . . . . . . . . . . . . NAME OF VESSEL: "Removed for Privacy"
. . . . . . . . . . . . . . . . . . . . . . . . TYPE OF SURVEY: Pre-Purchase for Buyer
. . . . . . . . . . . . . . . . OVERALL VESSEL RATING: ABOVE AVERAGE (BUC)
. . . . . . . . . . . . . . ESTIMATED MARKET VALUE: $70,231
. . . . . . . . ESTIMATED REPLACEMENT COST: $305,000 PER BUC.com
. . . . . . . . . . YEAR/MAKE/MODEL OF VESSEL: 2005 Rinker Fiesta Vee 342
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BUILDER: Rinker Boats, Nautic Global Group,
4500 Middlebury Street, P.O. Box
1158 Elkhart, IN 46516
. . . . . . . HULL IDENTIFICATION NUMBER (HIN): Removed for Privacy
. . . . . . . . . . . STATE REGISTRATION NUMBER: TN 3181 DL
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OWNER: Removed for Privacy
. . . . . . . . . . . . . . . . . . . . . . PLACE OF SURVEY: Harbortowne Marine, 280 Tellico Port
Rd., Niles Ferry Industrial Park,
Vonore TN 37885
. . . . . . . . . . . . . . . . . . . DATE/TIME OF SURVEY: May 13, 2014 from 09:45 to 16:45
. . . . . . . . . . . . . . . . . . . . . . . . . . HULL MATERIAL: Fiberglass Reinforced Plastic (FRP)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . HULL TYPE: Semi deepV
. . . . . . . . . . . . . . . . LENGTH OVER ALL (L.O.A).: 37' 0" (w/ swim platform) per
Powerboat Guide
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BEAM: 12' 0" per Powerboat Guide
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . DRAFT: 2' 11" (w/ Drives down) per
Powerboat Guide
. . . . . . . . . . . . . . . . . . . . . . . . . DISPLACEMENT: 14,280 Lbs per Powerboat Guide
. . . . . . . . . . . . . . . . . . . . PROPULSION SYSTEM: Twin Mercruiser 350 MPI Horizon 5.7L
gasoline engines
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FUEL TYPE: Gasoline.
. . . . . . . . . . . . . . . . . . . . . . . . . . FUEL CAPACITY: 235 US Gallons per Powerboat Guide
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . AC POWER: Two (2) 125 volt, 30 amp. Inlets
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . DC POWER: 12 Volt DC
. . . . . . . . . . . . . . . . FRESH WATER CAPACITY: 51 US Gallons per Powerboat Guide
II. GENERAL INFORMATION
. . . . . . . . . . . . . . . . . . . . . . . . . . HOLDING TANK: 45 US Gallons per Powerboat Guide
. . . . . . . . . . . . . . . . . . . INTENDED USE/BUYER: Recreational near coastal cruising.
. . . . . . . . . . . . . . . INTENDED CRUISING AREA: Near coastal Florida.
DEFINITION OF TERMS:
The terms and words used in this report have the following meanings as used in this Report of
survey:
APPEARS - Indicates that a very close inspection of the particular system, component or item
was not possible due to constraints imposed upon the surveyor (e.g. no power available, inability
to remove panels, or requirements not to conduct destructive tests).
FIT FOR INTENDED USE - Suitable for use intended by Survey Purchaser (present or
prospective owner).
SERVICEABLE or ADEQUATE - Sufficient for a specific requirement.
POWERS UP - Power was applied only to determine if the system or component would energize.
It does not validate the operation of any system or component unless specifically indicated.
EXCELLENT CONDITION - New or like new.
GOOD CONDITION - Nearly new, with only minor cosmetic or structural discrepancies noted.
FAIR CONDITION - Denotes that the system, component or item is functional as is with minor
repairs. (MONITOR OFTEN)
POOR CONDITION - Unusable as is. Requires repairs or replacement of system, component or
item to be considered functional.
USE OF * - The use of * in the body of this report will indicate that a finding will be listed in the
''Findings and Recommendations'' section pertaining to the * item.
III. SYSTEMS
HULL DECK AND SUPERSTRUCTURE
HULL CONSTRUCTION
TYPE:
Semi deep V hull
MATERIAL:
The hull of the "Removed for Privacy" is constructed of fiberglass; chopped strand mat,
roving and polyester resin. Structural members are fiberglass encapsulated wood. The
liner is single piece fiberglass secured to hull using adhesives.
EXTERIOR HULL:
*C1
The exterior hull is painted a navy blue with a high gloss. A gold foil boot stripe runs the
perimeter of the vessel atop a band of white gelcoat above the bottom paint which is of a
type made for freshwater. The overall exterior condition of the topsides is very good with
few minor scuffs and abrasions. There is evidence of two previous repairs that have been
accomplished in the area of the starboard bow. Both repairs appear to be of good quality
and must be looked at closely to see them. The boot stripe and graphics are in good
condition. Random moisture readings and percussion soundings were unremarkable.
PORTLIGHTS:
Two acrylic opening portlights are positioned to both sides of the bow just below the
rubrail. Both portlights appear to be in good condition.
STRINGERS:
Main hull stiffness provided by wooden longitudinal stringers encased in FRP. Complete
inspection not possible due to limited access. Appears serviceable where observed.
STEM:
*C2
Stem is smooth and undamaged with two scrapes in the paint above the padeye.
TRANSOM:
FRP transom with walk-thru transom gate. Opening hatch allows access to storage area
behind aft cockpit seat unit. A FRP swim platform approximately 3 feet in length extend
the breadth of the vessel and is bolted to the transom.
BILGE:
The bilge (visible only in the engine compartment) is grey colored CSM (Chopped Strand
Mat) colored a light grey is fairly clean and dry.
CHAIN LOCKER (DRAINAGE):
The chain locker is forward and accessible through an access port at the head of the
forward berth. The locker was unable to be fully visualized due to access. Areas visible
appeared to be dry. An undetermined length of 1/4" chain and 1/2" rope serve as the
anchor rode. The locker drains to port via a thru-hull located immediately below the boot
stripe at the bow.
III. SYSTEMS
HULL CONSTRUCTION (continued)
LIMBER HOLES:
Limber holes are of adequate size and clear where sighted.
<User Define>
*C3
The design of the vessel includes a swim platform which is created by extending the fantail
out over the outdrives several feet. This creates an excellent swim area. It also creates
the potential for carbon monoxide to get trapped underneath the platform. It is
recommended that swimmers be advised of this potential danger and avoid swimming
under and surfacing under the platform.
DECK CONSTRUCTION
TYPE:
*C4
Molded FRP (fiber reinforced plastic) with balsa core white gelcoat and non-skid surface.
Moisture readings and percussion soundings were unremarkable.
HULL-TO-DECK JOINT
TYPE:
The hull and deck are FRP and joined in shoebox (overlap) fashion with adhesives and
stainless steel screws every 4" to 6" on average.
RUB RAIL:
The rub rail is stainless steel and encircles the perimeter of the boat and is secured with
stainless steel screws. The railing runs smooth and appears to be undamaged in all
locations.
DECK FITTINGS
BOW PULPIT (BOW RAIL):
*C5
1 1/8" Stainless steel stanchions and rail system. Very good condition.
VENTILATION:
Ventilation is provided by three Bomar Aluminum and acrylic hatches in the foredeck. One
(1) deck hatch forward above V-berth 20'' Bomar. Two opening 12" hatches located further
aft and above galley and dinette. All three hatches are in good condition and operated
normally.
WINDLASS/GIPSY:
Horizon 900 windlass installed at bow with controls located at helm. Documentation
located in main salon. Was not tested.
DECK SURFACE:
White gel coat non-slip texture. Good condition, percussion sounding and moisture
readings detected no abnormalities.
III. SYSTEMS
DECK FITTINGS (continued)
GRAB RAIL:
Two molded in grab rails integral to outer surface of radar arch. Both are in good condition.
CLEATS:
Eight stainless steel 10" cleats are positioned around the vessel. Four at aft quarters, two
amidships and two at the bow. All appeared to be in very good condition.
ANCHOR PLATFORM:
Stainless steel anchor platform with bow roller. Appears serviceable.
COCKPIT AND HELM
MATERIAL:
FRP molded helm console is located midships to starboard. Appears to be in good
condition.
SEATS:
An adjustable two person bench style seat with white vinyl upholstery located at helm. Also
has drivers cushion that flips up to allow an elevated seating position while navigating the
vessel. An additional white vinyl cushioned bench seat with stowage beneath. is located to
port with a third seat running athwartships at the stern. All upholstery appeared to be in
excellent condition with no tears or stains visible.
WINDSHIELD:
A glass windshield framed with stainless steel encloses three sides of the "Removed for
Privacy"'s cockpit. All glass appeared to be in good condition.
CARPETING:
*C6
Removable carpets cover the cockpit sole and are held in place with snaps. Several snaps
are missing from both carpet sections.
ADDITIONAL EQUIPMENT AND ACCESSORIES
ACCESSORIES:
Cockpit and Radar Arch overhead lights provide additional and convenient task lighting.
CANVAS AND COVERS:
The cockpit of the vessel is covered by a Canvas enclosure with clear vinyl windows for
good visibility all around. Overall condition of the canvas is good with the exception of two
missing snaps located at the aft port corner. The clear vinyl windows are in good condition
but very dirty and need to be thoroughly cleaned.
FENDERS:
Six fenders similar to Polyform Model HTM-2 are provided with two at the aft quarters and
four more stored in racks at the bow. Two additional Taylor-Made PC-2 style fenders were
located under the port side seat in the cockpit. All fenders were in like new to very good
condition.
III. SYSTEMS
ADDITIONAL EQUIPMENT AND ACCESSORIES (continued)
COCKPIT WET BAR:
A wet bar with sink, built-in blender and waste container is provided immediately aft of the
helm seat. The counter surface is a tan colored Corian and is in very good condition. A
U-Line Icemaker and Tundra 2.2 Cu Ft Refrigerator are installed beneath the sink and
counter. All three appliances powered up and appeared to operate satisfactorily.
U-Line Icemaker
Model # ULN-B195BTP-03
Serial # 047628-08-0033
Tundra 2.2 Cu Ft Refrigerator
Model # T22AC
Serial # 4Q71991
CABIN APPOINTMENTS
INTERIOR DESCRIPTION:
JOINERY AND FINISH:
The interior of the "Removed for Privacy" is comprised of cherry wood surfaces, beige
carpets and neutral toned fabric coverings. All joinery appeared to be well made and finely
fit. Positive latching mechanisms were installed on all opening drawers and doors.
CABIN BRIGHT WORK:
All surfaces, doors, counters, walls were in excellent condition.
INTERIOR BULKHEADS:
The interior bulkheads were solid and well fitted where sighted.
WATER INTRUSION SIGNS:
No evidence of water intrusion was noted. Surveyor's personal observation made at
request of the buyer - Interior of boat smelled fresh at the time of survey. Did not detect
any odor of dampness or excessive moisture.
STORAGE AREAS:
The cabinets, lockers, drawers, and shelving were well crafted and finely fit where sighted.
HEADLINERS:
Headliner material in the cabins appeared to be a light colored vinyl. Appeared to be in very
good condition.
DOORWAYS:
Doorway into head and shower were of constructed of good materials and operated
smoothly.
FABRIC AND CUSHIONS:
Light colored patterned fabrics for berths, and pillows. Galley cushions covered with beige
vinyl upholstery. All appear to be in very good condition.
III. SYSTEMS
CABIN APPOINTMENTS
INTERIOR DESCRIPTION: (continued)
FLOOR AND WINDOW COVERINGS:
Light beige colored pile carpeting covers the sole of the main salon. Appeared to be in very
good condition.
ACCOMMODATIONS:
The forward or main berth is large enough for two adults and can be separated from the
main salon via a privacy curtain. A second berth is located aft and below the helm area
which can also be closed off with a privacy curtain.
HEADS:
Aft of the galley on the port side is the head which features a wash basin (sink), electric
toilet and separate stall shower.
SHOWERS:
A separate shower enclosure is provided in the head and has
FAUCET FIXTURES:
The faucet fixtures and sinks were operable in head, at wet bar in cockpit and in the galley.
LIGHT FIXTURES:
12 volt cabin lights throughout the vessel were operable.
AIR CONDITIONING UNITS:
Single Marine Air unit located forward beneath forward berth. Control located at dinette seat
in galley. Unit appeared to operate satisfactorily.
TELEVISIONS:
22" Sharp Flat Screen TV/DVD player (Model # LC-19AD22U) unit located on aft bulkhead
of main salon. Powers up.
STEREO, ETC.:
Sony AM/FM/CD player installed in main salon. Powers up.
GALLEY
LOCATION:
The galley is located to port and features a single basin sink, microwave, coffee make, two
burner electric stove and a refrigerator.
SINKS:
Single round polished stainless steel sink in like new condition.
REFRIGERATION:
Tundra Model # T42AC 12 Volt 4.2 Cu. Ft. Powers up and appears to operately
satisfactorily.
STOVE/OVEN:
Kohler two burner electric stove. Powers up.
III. SYSTEMS
CABIN APPOINTMENTS
GALLEY(continued)
MICROWAVE:
Emerson Model # MW87778 powers up.
ACCESSORIES:
Mr. Coffee 10 Cup Coffeemaker powers up.
PROPULSION
MAIN ENGINES
TYPE:
The "Removed for Privacy" is powered by twin Mercruiser 350 MPI Horizon 5.7L gasoline
engines
SERIAL NUMBERS:
Port Engine
Engine Serial # 0W064455
Tramsom Serial # 0W175918
Drive Serial # 0W258577
Starboard Engine
Engine Serial # 0W064458
Tramsom Serial # 0W175658
Drive Serial # 0W258576
LABELS AND NOTICES:
The engines were very clean and all required labels appeared to be in place and readable.
HORSE POWER:
Per Mercruiser 300 HP
NUMBER OF CYLINDERS:
Eight (8) in a V configuration.
INDICATED HOURS:
Port Engine - 438 Hours per Mercury Electronic display at Helm
Starboard Engine - 435 Hours per Mercury Electronic display at Helm
THROTTLE CONTROLS:
Mercury Mechanical lever/cable type.
FLAME ARRESTOR:
Installed and appears serviceable.
EMERGENCY SHUT DOWN:
None sighted.
III. SYSTEMS
PROPULSION
MAIN ENGINES (continued)
ENGINE MOUNTS AND BED:
Engine mounts are affixed to FRP encased wooden stringers via lag bolts. Appeared
serviceable. Moisture readings and percussion soundings were normal.
DRIP PANS:
None Sighted. Engine fluid and loose debris falls into bilge area.
LUBRICATION:
*C7
Oil Level indication is normal both port and starboard. Note: The surveyor recommends
that all engine fluids and filters be renewed as soon as possible.
VENTILATION:
Power blowers port and Starboard with flexible pick-up tubing . Natural, flow ventilation
provided by hull vents. Appears adequate.
EXHAUST SYSTEM:
Cast Iron risers with Dry Elbow. Appears serviceable where sighted.
INSULATION:
Aluminized foam rubber sound deadning insulation was noted in engine room. Appears
serviceable.
ENGINE ALARMS:
Low oil pressure alarm and coolant over heat warning audible at helm station. Appears
serviceable.
ENGINE SYNCHRONIZER:
Electronically controlled.
CONDITION AND DEFICIENCIES:
Engines appeared to be in good condition. All fluid levels appeared to be adequate and in
good condition. No sign of leakage observed.
IGNITION PROTECTION:
It appears that all Ignition protection protocols are being followed without deviation.
COOLING SYSTEM
TYPE:
Closed reservoir type cooling with raw water cooled exhaust.
RAW WATER STRAINERS:
Bronze alloy with sight glass. Appears serviceable.
COOLANT LEVEL:
Normal level observed.
III. SYSTEMS
PROPULSION
COOLING SYSTEM (continued)
HOSES AND CLAMPS:
Hoses and clamps appeared to be in good condition. Double clamped where required.
BELTS AND PULLEYS:
Serpentine belts appear serviceable.
SEACOCKS AND STRAINERS:
Raw water seacocks were ball valve type and were operable, and in like new condition.
FUEL SYSTEM
MAIN ENGINE(S) FUEL SYSTEM
FUEL TYPE:
Gasoline.
NUMBER OF TANKS:
Two (2)
TANKS CAPACITY:
235 US Gallons per Powerboat Guide
LOCATION:
Tank(s) are located forward of engine compartment but were not sighted due to access.
FILL PIPE LOCATIONS:
Port and starboard at aft quarters.
FILL PIPE GROUNDED:
Appears to be properly grounded.
FILL PIPE MATERIAL:
Type B1 USCG approved hose. Appears serviceable.
FILL PIPE FITTINGS:
Fill deck fitting clearly marked as GAS.
HOSE CONNECTIONS, CLAMPS:
Appears serviceable and approved where sighted.
FUEL LINES AND FITTINGS:
Grade USCG type A1. Appears serviceable where sighted.
FUEL MANIFOLD VALVES:
Ball type valves, operable.
VENT LOCATION:
Not sighted.
III. SYSTEMS
FUEL SYSTEM
MAIN ENGINE(S) FUEL SYSTEM (continued)
SHUT-OFF VALVE:
Ball valves located on forward engine compartment bulkhead. Appeared serviceable.
FUEL FILTERS:
Engine mounted spin on/off type. Recommends that if the vessel is purchased, the fuel
filters for both engines be serviced before the vessel is next underway.
ELECTRICAL SYSTEMS
ELECTRICAL SYSTEM (D.C. SYSTEM)
VOLTAGE:
Lead acid battery powered 12 volt system.
BATTERIES:
Two batteries wired for starboard engine and port engine.
MAIN BATTERY SWITCHES:
Two (2) main battery switches of the Guest rotary type mounted on the DC electrical panel
located to starboard at aft cockpit . Appeared serviceable.
PANEL:
Locations: DC Control panel starboard side aft cockpit, Helm and main electrical panel in
main salon. Overcurrent Protection: Circuit breakers.
TYPE CONNECTORS:
Round Lugs: Captive type, where sighted. Condition: Appears serviceable.
ROUTING/SUPPORT:
Well supported and secured where sighted.
CHARGING SYSTEM (BATTERY CHARGER):
Intelli-Power Marine
Model # PD2040
CHARGING SYSTEM (ALTERNATOR):
Two (2) Mercury Marine engine mounted belt driven alternators. Rating: 70 amp. Appeared
serviceable.
OUTLETS:
12 Volt outlets were sighted in the helm station and at Dinette area in main salon was of
cigarette socket type. Appeared serviceable.
ELECTRICAL SYSTEM (A.C. SYSTEM)
SHORE POWER INLET:
Number: Set of two (2) Marinco 30 amp. Location port side at midships. Labeled Air
Conditioner and Shore Power. Very good condition.
III. SYSTEMS
ELECTRICAL SYSTEMS
ELECTRICAL SYSTEM (A.C. SYSTEM) (continued)
SHORE POWER:
*A1
Two 30 amp/125 volt Cords approximately 30' long. One white, one yellow. White cord in
good condition. Yellow cord missing locking ring, and appears to have been damaged by
heat.
AC SOURCE SELECTOR SWITCH:
Generator power switch is locked out at Main Electrical Panel in salon. This is due to
installation of power inverter. A manual plastic slide type switch is located in the cockpit at
sub-electric panel at Wet Bar in Blender storage well.
MAIN BREAKER:
Two (2) in the main electrical panel port side of main salon.
BRANCH BREAKERS:
Thirteen (13) individually switched branch breakers. Location: Main Electrical panel in main
salon. Well marked.
CIRCUIT LOAD MONITORS:
*B1
Switchable voltage meter indicating voltage of Main (Shore Power) input or Air Conditioner
input power located at Main Electric Panel. Note the control switch lever is broken making
it difficult to switch from one source to the other.
CONNECTIONS (TYPE):
Not sighted.
WIRE TYPE (SIZE AND RATING):
Size and rating, where sighted, appears well routed and supported, serviceable for intended
use.
ROUTING:
Well routed and supported where sighted.
OUTLETS:
Various A.C. outlets available throughout yacht, appear adequate and conveniently located.
Tested ok for proper polarity. GFCI (ground fault circuit interrupter) outlets sighted at galley
and head. All tested OK, informational note; Convenience outlet at Wet Bar is GFCI
protected by GFCI in Galley.
POLARITY:
Two (2) indicators one (1) for each 30 amp circuit. At electrical panel in galley. Appeared
to operate correctly.
GALVANIC ISOLATOR:
Yandina 30 Amp Galvanic Isolators installed on each Shore Power Inlet. Appeared
serviceable. Accessed via storage area under port side cockpit seat.
III. SYSTEMS
ELECTRICAL SYSTEMS
ELECTRICAL SYSTEM (A.C. SYSTEM) (continued)
NOTE:
Tested boat for current leakage into water. Results were satisfactory, no apparent leakage
seen.
GENERATORS AND INVERTERS
TYPE:
Generator driven by gasoline powered internal combustion engine.
MANUFACTURER:
Kohler Gasoline 5 KVA Generator
Model # 5E
Serial # 200
KILOWATT RATING:
Kolher 5.0 KW per label
VOLTAGE RATING:
120 Volts @ 41.7 amps per label
INDICATED HOURS:
400.7 per Hour meter on unit
LOCATION:
Engine compartment on port side.
FLUID LEVELS:
Coolant normal. Oil normal. Surveyor recommends that all fluids be renewed according to
the manufactures recommended specifications as soon as possible.
COOLING SYSTEM:
Closed coolant and raw water exhaust type.
FUEL FILTER:
Remote spin on/off type mounted to forward engine compartment bulkhead.
LUBRICATION SYSTEM:
Engine mounted mechanical oil pump with spin on/off type filter.
EXHAUST SYSTEM:
Aqua lift type FRP (fiber reinforced plastic). Raw water cooled with metal canister, flexible
coupling sections double clamped where sighted. Appears serviceable.
FLAME ARRESTOR:
Yes, USCG approved.
WARNING LABELS:
Required labels appeared to be in place and readable.
III. SYSTEMS
ELECTRICAL SYSTEMS
GENERATORS AND INVERTERS (continued)
IGNITION PROTECTION:
Ignition protection protocols appear to be intact where sighted.
DC/AC INVERTER:
Prosine 2.0 Inverter / Charger
LOCATION & VENTILATION:
Control panel located on starboard bulkhead at dinette in main salon. Batteries located to
starboard in engine compartment. Ventilation provided through normal passive engine
compartment ventilation.
INVERTER INPUT VOLTS/AMPS:
12 Volts DC
INVERTER OUTPUT VA/WATTS:
2,000 watts at 115 Volts AC
NOTE:
Inverter power is activated by 'Electronics' switch located at Helm. Main Breaker is located
at Wet Bar in Blender storage well.
FRESH WATER SYSTEM
FRESH WATER SYSTEM: (POTABLE WATER)
STORAGE TANKS:
51 US Gallon storage tank (per Powerboat Guide) not sighted due to access.
FILL PIPE LOCATION:
Starboard side in aft quarter marked WATER.
VENT PIPE LOCATION:
Starboard side in aft quarter aft of Water Fill pipe.
ACCUMULATOR TANK:
None Sighted.
PUMPS:
JABSO PAR-MAX 2+ 40 PSI 12 volt 2.8 GPM pump mounted to forward bulkhead of engine
compartment. Functioned normally.
Model # 31595-0592
Serial # 03J35655
HOSES AND CLAMPS:
PVC pipe, and reinforced plastic tubing at various areas throughout vessel, copper lines
sighted at fixtures and appliances. Appears serviceable where sighted.
DOCK SIDE PRESSURE REGULATOR:
None Sighted.
III. SYSTEMS
FRESH WATER SYSTEM
FRESH WATER SYSTEM (HOT WATER SYSTEM)
TYPE:
110 electric. Marine grade.
MANUFACTURER:
Atwood
Model # EHM6-SM
Serial # 94595014301
CAPACITY:
6.0 Gallons per Label
PRESSURE RELIEF VALVE:
Yes, bronze pressure relief valve installed on tank. Drains to bilge.
SANITATION
SANITATION (BLACK WATER)
MANUFACTURER:
Raritan Crown, electric flush.
LOCATION OF HEADS:
One head located to port off of main salon.
M.S.D TYPE USCG SYSTEM:
Certification Type: MSD U.S.C.G. Type III. (Holding tanks)
RAW WATER SUPPLY AND CLAMPS:
Thru-hulls at individual head locations; double clamped and serviceable (see thru-hull
diagram).
PUMP-OUT LOCATION:
Port side deck midships. Clearly marked WASTE.
HOLDING TANK:
Not sighted due to access. Capacity 45 US Gallons per Powerboat Guide
SANITATION (GREY WATER)
BASINS, SHOWERS, HOSES AND CLAMPS:
The basins and showers on this vessel drain overboard in the near vicinity of the specific
basin or shower pan. No sump collection sighted.
DISCHARGE:
Overboard, port topsides.
III. SYSTEMS
STEERING SYSTEM
STEERING SYSTEM
TYPE:
Single station Mercruiser Hydraulic with engine mounted pumps. Appeared serviceable
where sighted.
GROUND TACKLE
GROUND TACKLE
ANCHORS:
CQR Anchor estimated at approximately 22 pounds. Appears serviceable.
RODE MATERIAL:
1/4" galvanized chain and 1/2 rope of unknown length. Appeared serviceable where
sighted.
WINDLASS:
Simpson-Lawrence 900 Windlass, Appears serviceable. Controls at helm. Mounting
appears adequate for service required.
ELECTRONICS AND NAVIGATION EQUIPMENT
VHF:
Standard Horizon Eclipse +. Powers up.
MULTIFUNCTION NAVIGATION DISPLAY:
Raymarine C70 - Powers up.
SPEED LOG:
*B2
None Sighted.
DEPTH SOUNDER:
Faria digital depth gauge located at helm. Powers up.
COMPASSES:
Ritchie 3" located at helm station. Appears to function normally.
ANTENNAS:
Radome - Raymarine 2kW 18" Radome. Appears serviceable.
Product Code M92650-S
Serial # 0940523
Shakespeare Sea Watch TV Antenna - Appears serviceable
SHIPS CLOCK:
Located at helm. Powers up.
III. SYSTEMS
ELECTRONICS AND NAVIGATION EQUIPMENT (continued)
ELECTRONIC ENGINE INDICATOR SYSTEM:
Mercruiser Smart Craft Engine monitoring system. Powers up.
THRU-HULLS
THRU-HULLS:
THRU-HULLS ABOVE WATER LINE (DIAGRAM):
Abbreviation Description
ACD AC Dischg
BP Bilge Pumps
CD Condensate Drain
DF Deck Fill
EP Exhst Ports
ShD Shower Drain
SkD Sink Drain
VH Vent Hose
WP Waste Pumpout
**Red Icon(s) with white text indicates inoperable item.
III. SYSTEMS
THRU-HULLS
THRU-HULLS: (continued)
THRU-HULLS BELOW WATER LINE (DIAGRAM):
Abbreviation Description
AC A/C Raw Water In
ENGINE Engine
GEN Generator
Head Head - Raw Water In
SC Seacock
TD Transducer
**Red Icon(s) with white text indicates inoperable item.
NOTE:
The below the water line thru-hull valves on this vessel were ball valve type and were all
operable.
BONDED:
Bronze thru-hulls were bonded where sighted. Appears serviceable.
GALVANIC ISOLATION:
Galvanic isolation accomplished via two Galvanic Isolators affixed to each Shore Power
Inlet. Accessible from port side seat storage area in cockpit. Appears serviceable.
III. SYSTEMS
BONDING SYSTEM
BONDING SYSTEM
MAIN BONDING CONDUCTOR:
The bonding system appears to be well established where sighted. A separate bonding
system inspection was not performed and I did not use a corrosion meter to establish the
level of protection. However the bonding system is using individual green insulated wire
and appeared to be serviceable were sighted. A hull mounted anode was not sighted.
SAFETY EQUIPMENT
SAFETY EQUIPMENT (UNITED STATES COAST GUARD)
NUMBER AND TYPE OF PFD'S:
*C8
A total of nine Type I USCG approved PFD's were observed. Two stored beneath aft
cockpit seat, and seven stored beneath port side cockpit seat. All appeared to be in good
condition.
NUMBER OF THROWABLE PFD'S:
Three Type IV-U.S.C.G. approved throwable devices located in cockpit. Appear to be in
good condition.
FIRE EXTINGUISHERS:
*A2, A3
One FE-241 cylinder in engine compartment with no current inspection tag. Insufficient
number of fire extinguishers onboard for a vessel this size.
VISUAL DISTRESS SIGNALS:
*A4
Flares were 12 gauge style Day/night visual distress signals and are past expiration
(November 2010) located in Main Salon.
SOUND DEVICES:
Horn operated normally.
FLAME ARRESTORS:
Installed, USCG approved.
POWER EXHAUST BLOWERS:
Operable.
NAVIGATION LIGHTS:
*A5
Sidelights are operable.
All-round lights is inoperable.
Sternlight is operable.
Anchor lights are inoperable.
III. SYSTEMS
SAFETY EQUIPMENT
SAFETY EQUIPMENT (UNITED STATES COAST GUARD) (continued)
"NO OIL DISCHARGE" PLAQUE:
Properly displayed in engine space.
TRASH DISPOSAL PLACARD:
Located at Wet Bar in cockpit.
FCC STATION LICENSE (VHF EQUIPPED ONLY):
None Sighted.
AUXILIARY SAFETY EQUIPMENT
SMOKE DETECTOR:
*C9
No Smoke Detectors observed. Highly recommended.
BILGE WATER ALARM AND SAFETY SWITCHES:
*C10
None sighted. Recommend installing Audible Bilge alarm system.
FIXED FIRE EXTINGUISHING SYSTEM (HALON TYPE):
Fireboy FE-241 Fire Extinguishing system containing Chlorotetrafluoroethane. Bottle
provides coverage for up to 100 cubic feet and is mounted to forward bulkhead of engine
compartment. The status indicator is mounted at the helm station and shows the system
to be charged and ready. No inspection tag was present.
SEARCH LIGHT:
ITT / Jabsco Remote Controlled searchlight mounted at bow, controlled from helm.
Operated satisfactorily.
FIRST AID KIT:
Located in starboard side in main salon.
FUME SNIFFER ALARM SYSTEMS:
None installed.
BILGE PUMPS
LIST:
Rule 1100 Bilge pump with Rulematic float switch located at centerline in engine
compartment. Not tested.
OUT OF WATER INSPECTION
BELOW WATERLINE MACHINERY
PROPELLER(S):
Both drives fitted with Mercury Marine Bravo Three Duo Props 22P all propeller blades
appear to be in very good condition with no sign of impact or other damage.
III. SYSTEMS
OUT OF WATER INSPECTION
BELOW WATERLINE MACHINERY (continued)
TRIM TABS:
Vessel is fitted with LENCO trim tab system operable from helm station. Test OK.
THRU-HULLS:
Six (6), including drain plug, Bronze thru-hulls fittings all serviceable.
TRANSDUCERS:
Depth transducer mounted to starboard of centerline paralell to Generator Raw Water In
Scoop.
STRAINERS/SCOOPS/SCREENS:
Main engine pickups, Generator, Air Conditioning strainers are external bronze alloy slotted
type. Clear and appear serviceable.
GROUNDING PLATES:
None Sighted.
ZINCS:
*B3
Current sacrificial anodes are Magnesium (fresh water). These anodes are not suitable for
a saltwater environment. Recommend replacement with Zinc anodes.
OUTDRIVES:
*A6
Twin Bravo 3 outdrives appear to be in good condition casings are undamaged and exhibit
very light corrosion. Inspection of the bellows assemblies indicated that the bottom bellows
on the starboard outdrive was badly torn. Bellows assemblies on both outdrives were stiff
and non-pliable.
TRANSOM LIGHTS:
*C11
The vessel is fitted with two downward pointing LED transom lights. The port side
operate, but starboard side is only half lit.
CONDITION OF HULL (WETTED SURFACE)
BLISTERS:
No blisters sighted.
CONDITION OF BOTTOM PAINT:
*C12
Bottom paint is freshwater type and in fair condition. Broker reports that it was repainted
last year.
III. SYSTEMS
AIR CONDITIONING AND HEAT (AIR CONDITIONING)
AIR CONDITIONING AND HEAT (AIR CONDITIONING)
TYPE:
Dometic Marine Air Systems
Model # VCD16K/1
Serial # 43586146
NUMBER OF UNITS:
Single Compressor unit located beneath forward berth. Single air handler unit located at
foot of forward berth. Controls located to starboard above dinette.
BTU CAPACITY:
Compressor rated at 16,000 BTU
THRU-HULL STRAINER:
None sighted.
HOSES, CLAMPS AND CONNECTORS:
Appear to be adequately sized and serviceable for application.
RAW WATER COOLING PUMP:
Not sighted.
DRIP TRAYS:
At base of unit. Appears serviceable, condensate drains to port side through fitting at boot
stripe.
SEATRIAL REPORT
INTRODUCTION
INTRODUCTION:
The "Removed for Privacy" was operated from the Harbortowne Marine facility for sea trial
beginning at 2:15 P.M. until its arrival back at Harbortowne for Haul-out at 3:00 P.M. The
vessel was operated by the broker, Scott Clements. No other personnel were onboard
during the trial.
III. SYSTEMS
SEATRIAL REPORT
OBSERVATIONS
OBSERVATIONS:
1. Both engines started immediately without excessive cranking.
2. The engine exhaust appeared normal.
3. The cooling water exhaust appeared adequate and normal.
4. The engine instruments operate within normal operating limits at idle, cruising speed,
and maximum throttle.
5. Manufacturer's recommended max WOT RPM is 4400-4800
6. The steering system operated normally.
7. The throttles operated normally.
8. Shifting from Forward to Reverse and back was accomplished by both engines
normally/smoothly.
9. The back down test was satisfactory.
10. There were no excessive vibrations noted.
11. The engine synchronizer worked properly, the trim tabs operated normally.
12. There were no oil or coolant leaks observed. (On main engines or in exhaust water)
The water temperature is in Fahrenheit. The oil pressure is in pounds per square inch.
RPM refers to revolutions per minute. Batts are in volts of charge from the alternator.
These figures are comprised of data read from the vessels gauges while underway on the
above stated date and time of the sea trial.
TRIAL RUN DATA
PORT ENGINE:
Port RPM Speed Oil (PSI) Ind. Temp (F) Volts Exh Riser (F)
Idle 500 0 48 140 13.5 96
1500 0 50 165 13.5 105
2000 0 52 160 13.5 105
80% 3000 0 52 160 13.5 110
WOT 4400 0 55 160 13.5 110
III. SYSTEMS
SEATRIAL REPORT
TRIAL RUN DATA (continued)
STARBOARD ENGINE:
Starboard RPM Speed Oil (PSI) Ind. Temp (F) Volts Exh. Riser (F)
Idle 550 0 48 120 13.5 98
1450 0 50 150 13.5 100
2000 0 55 160 13.5 100
80% 3200 0 58 160 13.5 110
WOT 4400 0 60 165 13.5 115
NOTE:
Note: The speedometer did not function during the sea trial. This was not noted until
afterwards. Broker disclosed that it was a known issue that would be resolved during
haul-out.
IV. FINDINGS AND RECOMMENDATIONS
Deficiencies noted under ''SAFETY'' should be addressed before vessel is next underway.
These findings represent an endangerment to personnel and/or the vessel's safe and proper
operating condition. Findings may also be in violation of U.S.C.G. regulations.
Deficiencies noted under ''OTHER DEFICIENCIES'' should be corrected in the near future so as
to maintain standards and to help the vessel to retain it's value.
Deficiencies will be listed under the appropriate heading:
A. SAFETY DEFICIENCIES
B. OTHER DEFICIENCIES NEEDING ATTENTION
C. SURVEYORS NOTES AND OBSERVATIONS
A. SAFETY DEFICIENCIES:
A.1 (PAGE 15) SHORE POWER:
FINDINGS RECOMMENDATIONS
Yellow shore power cable missing locking
ring and has signs of heat damage to one
lug. Due to fire hazard, made broker aware
of issue.
Replace defective power cable with proper
locking cable. Broker stated he would
replace.
A.2 (PAGE 22) FIRE EXTINGUISHERS:
Insufficient number of fire extinguishers
onboard for a vessel this size. USCG
Regulations require that a vessel 26' to
<40' with a Fixed Fire Extinguishing
system in the engine compartment must
also carry at least (one) additional B-I fire
extinguisher.
Procure and install additional required Fire
Extinguisher. Institute a monthly inspection of
all portable fire extinguishers.
A.3 (PAGE 22) FIRE EXTINGUISHERS:
USCG regulations require that all FE-241
extinguishers must be weighed annually
to assure that the minimum weight is as
stated on the extinguisher label.
Have unit inspected and tagged by a
recognized authority on an annual basis.
A.4 (PAGE 22) VISUAL DISTRESS SIGNALS:
Day/night visual distress signals past
expiration date.
Replace flares with new and dispose of out of
date flares properly.
A. SAFETY DEFICIENCIES:
A.5 (PAGE 22) NAVIGATION LIGHTS:
All around white light/anchor light
inoperative.
Repair as required.
A.6 (PAGE 24) OUTDRIVES:
Bottom bellows torn on starboard
outdrive. Other bellows assemblies are
stiff and non-flexible.
Recommend service of both outdrives to
replace bellows assemblies on both units.
B. OTHER DEFICIENCIES NEEDING ATTENTION:
B.1 (PAGE 15) CIRCUIT LOAD MONITORS:
Main/Air Conditioner Voltage indicator
switch is broken in the Main Electrical
Panel in main salon. Difficult to switch
meter between Main (Shore Power) and Air
Conditioner Power.
Replace switch.
B.2 (PAGE 19) SPEED LOG:
Speedometer inoperative at helm. Broker
is aware and stated it would be repaired at
haulout.
Repair as required.
B.3 (PAGE 24) ZINCS:
Current sacrificial anodes are Magnesium
(fresh water). These anodes are not
suitable for a saltwater environment.
Recommend replacement with Zinc anodes.
C. SURVEYOR'S NOTES AND OBSERVATIONS:
C.1 (PAGE 6) EXTERIOR HULL:
Evidence of previous repairs to hull
located at starboard bow. The first and
largest area is located forward of the air
conditioner discharge thru-hull fitting and
is approximately 15" to 18" in length along
the boot stripe and approximately 10" to
12" in height. This repair is very well done
with only a slight shading difference from
the surrounding area. The second repaired
area is located approximately 20" to 24" aft
of the same thru-hull fitting and
approximately 10" to 12" above the boot
stripe, this area though not as well done
appears as a small scuff again with some
shade difference.
No action required. Information only.
C.2 (PAGE 6) STEM:
Two scrapes to topsides paint located at
stem above padeye.
Monitor for any additional peeling and repair
as necessary.
C.3 (PAGE 7) <User Define>
The design of the vessel includes a swim
platform which is created by extending the
fantail out over the outdrives several feet.
This creates an excellent swim area. It also
creates the potential for carbon monoxide
to get trapped underneath the platform. It
is recommended that swimmers be
advised of this potential danger and avoid
swimming under and surfacing under the
platform.
No action required. Informational only.
C.4 (PAGE 7) TYPE:
Starboard fender rack is positioned too
low causing it to rub against the fore deck.
Recommend adjusting the height of the rack
to prevent damage to deck gelcoat from
continued abrasion.
C.5 (PAGE 7) BOW PULPIT (BOW RAIL):
Bedding compound for Bow pulpit and
railing system appears to be failing.
Recommend rebedding the pulpit railing
system to prevent moisture intrusion into deck
surface and underlying substrate.
C. SURVEYOR'S NOTES AND OBSERVATIONS:
C.6 (PAGE 8) CARPETING:
Cockpit carpets are missing snaps at
several locations.
Replace missing snaps.
C.7 (PAGE 12) LUBRICATION:
As the entire maintenance history of the
boat is unknown, the surveyor
recommends that oil and filters be
changed at earliest opportunity.
Follow manufacturer's recommended types,
quantities and service intervals.
C.8 (PAGE 22) NUMBER AND TYPE OF PFD'S:
USCG requires an approved PFD for
everyone onboard while underway.
Regulations also require that the PFD be
readily available. Stored underneath
seats or in holds does not comply with the
regulation.
Relocate PFD's to insure they are readily
available and in compliance with regulations.
C.9 (PAGE 23) SMOKE DETECTOR:
No Smoke Detectors were observed
during the survey, these safety devices are
highly recommended.
Install as recommended and test monthly.
C.10 (PAGE 23) BILGE WATER ALARM AND SAFETY SWITCHES:
No bilge alarm system installed. Recommend installing Audible Bilge alarm
system.
C.11 (PAGE 24) TRANSOM LIGHTS:
The vessel is fitted with two downward
pointing LED transom lights. The port side
operate, but starboard side is only half lit.
Investigate and repair as required.
C.12 (PAGE 24) CONDITION OF BOTTOM PAINT:
Bottom paint is freshwater type and in fair
condition. Broker reports that it was
repainted last year. Buyer states that boat
will be dry stored and that salt water
compatible bottom paint will not be
necessary for short periods that boat is in
the water.
Recommend repainting bottom with salt water
compatible paint at earliest possible time or
sooner if decision is made to keep boat in
water full time.
NOTE: If cruising more than 25 nautical miles offshore it is also recommended that a
USCG approved self-inflating life raft be fitted to the vessel. And a first aid kit and small
manual watermaker be added to the ships safety gear.
V. SUMMARY AND VALUATION
Page 33 of 42 "Removed for Privacy" surveyed by Tipton Marine Surveys
Lenoir City, TN 37771
STATEMENT OF OVERALL VESSEL RATING OF CONDITION:
It is the surveyor's training and experience that develops an opinion of the OVERALL VESSEL RATING
OF CONDITION after the survey has been completed and the findings have been organized in a
logical manner.
The grading of condition, developed by BUC RESEARCH, and accepted in the marine industry, for a
vessel at the time of survey, determines the adjustment to the range of base values in the BUC USED
BOAT PRICE GUIDE, for a similar vessel sold within a given time period, as a consideration to
determine the Market Value.
The following is the accepted marine grading system of condition. (Source: BUC website.)
''EXCELLENT (BRISTOL) CONDITION'' - Maintained in mint or bristol fashion - usually better than
factory new - and loaded with extras - a rarity.
''ABOVE AVERAGE (BUC) CONDITION'' - Has had above average care and equipped with extra
electrical and electronic gear.
''AVERAGE (BUC) CONDITION'' - Ready for sale requiring no additional work and normally equipped
for its size.
''FAIR CONDITION'' - Requires usual maintenance to prepare for sale.
''POOR CONDITION'' - Substantial yard work required and devoid of extras.
''RESTORABLE CONDITION'' - Enough of hull and engine exists to restore the boat to usable
condition.
As a result of my investigation, as shown in the SYSTEMS AND FINDINGS AND
RECOMMENDATIONS section of this REPORT OF SURVEY, and by virtue of my experience and
training it is my opinion that the "Removed for Privacy" should be considered to have an
OVERALL VESSEL RATING:
AVERAGE (BUC) CONDITION
STATEMENT OF VALUATION:
1. The ''FAIR MARKET VALUE'' is the most probable price in terms of money which a vessel should
bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller,
each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus.
Implicit in this definition is the consummation of a sale as of a specified date and the passing of title
from seller to buyer under conditions whereby:
a. Buyer and seller are typically motivated.
b. Both parties are well informed or well advised, and each acting in what they consider their own best
interest.
c. A reasonable time is allowed for exposure in the open market.
d. Payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable
thereto; and
e. The price represents a normal consideration for the vessel sold unaffected by special or creative
financing or sales concessions granted by anyone associated with the sale.
VALUATION METHODOLOGY:
The following method of valuation was used to obtain the FAIR MARKET VALUE (FMV) of the vessel.
Queries were submitted to BUC.com, Soldboats.com and Yachtworld for boats matching the
description 2005 Rinker 342 which resulted in several comparable boats for each data source. The
survey boat has two features that have a positive impact on its value; the first is it is a fresh water boat.
Due to the corrosive nature of the salt water environment, freshwater boats bring a premium price
when compared to their saltwater peers. The second feature is the powerplant, the survey boat is
powered by twin Mercruiser 350 MPI Horizon engines producing 300 HP a significant upgrade over the
standard equipment 280 HP Volvo engines.
The valuation will begin with Soldboats.com:
Soldboats.com - Query Parameters: Used, Rinker, Power, 34', 2005, Sold between 1/1/13 and 5/31/14
Boat # Length Year Model List Price Sale Price Location Powerplant
1* 34' 2005 320 $54,995 $32,000 Florida
2 34' 2005 342 $65,000 $59,000 North Carolina Volvo 5.7
3 34' 2005 342 $74,900 $72,000 Illinois Mercruiser 350
MPI Horizon
4 34' 2005 342 $73,995 $59,500 Florida Mercruiser 350
MPI Horizon
5 34' 2005 342 $72,900 $67,500 New Jersey Not specified
Yachtworld.com - Query Parameters: Used, Power, Rinker, 34'-35',2005, North America
Boat # Length Year Model List Price Sale Price Location Powerplant
6 34' 2005 342 $99,900 _______ New Jersey Volvo
7 34' 2005 342 $99,850 _______ Michigan Mercruiser 350
MPI Horizon
8 34' 2005 342 $84,900 _______ Maryland Volvo
9 34' 2005 342 $71,900 _______ South Carolina Volvo
10 34' 2005 342 $67,900 _______ Florida Volvo
11 34' 2005 342 $78,900 _______ New York Volvo
12 34' 2005 342 $80,000 _______ Iowa Mercruiser 350
MPI Horizon
*Boat # 1, a 32' model boat is incorrectly categorized in Soldboats and must be eliminated to maintain
integrity of the data.
Unfortunately, Soldboats data did not produce a sufficient number of recent comparable boats to prove
a solid valuation of a premium for vessels that are both freshwater and having the desired Mercury
powerplant. To do that properly we must bring more boats into the analysis by considering the listed
comparables in the Yachtworld query. Doing this provides us with a pool of eleven (11) boats for
analysis. To obtain the value of the premium, we must consider boat numbers 3,7,11 and 12 by virtue
of their location as being freshwater boats, all others are considered saltwater. Boats 3,4,7 and 12
possess the desired powerplant, and boats 3,7 and 12 possess both characteristics. Averaging out
the list prices for each characteristic group produces the following results:
Characteristic # of Boats Avg List Premium Value
All Boats 11 $79,186 ------------
Freshwater 4 $83,412 $4,227
Mercury 4 $82,186 $3,000
Freshwater & Mercury 3 $84,917 $5,731
The data indicates that a boat that is freshwater and possessing the desired Mercury powerplant
enjoys a list price premium of $5,731 over the average list price. If you calculate the average sale
price produced by the Soldboats data the result is $64,500. Add to that, the premium value of being a
freshwater boat with the Mercury powerplant yields an average sale price or Fair Market Value (FMV) of
$70,231. This analysis is further supported by BUC.com's valuation which follows:
BUC.com - Query Parameters: Rinker, Power, Length 34, Year 2005, inboard/outboard, two engines,
Mercruiser 350 MPI Horizon, BUC Condition, Region
Current Retail Value Range $67,400-$74,100
Fair Retail Value adjusted for BUC Condition in the South Atlantic & Florida Region $67,000-$73,600
Therefore, after consideration of the reliability of the data, it is your surveyor's opinion that the ''FAIR
MARKET VALUE'' of the subject vessel is:
$70,231
Seventy Thousand Two Hundred Thirty One Dollars
2. The ''ESTIMATED REPLACEMENT COST'' indicates the retail cost of a new vessel of the same
make/model with similar equipment offered by the same manufacturer. ''ESTIMATED
REPLACEMENT COST'' of the subject vessel is:
$305,000
Three Hundred Five Thousand Dollars
SUMMARY:
In accordance with the request for a marine survey of the "Removed for Privacy" for the purpose of
evaluating its present condition and estimating its Fair Market Value and Replacement Cost, I herewith
submit my conclusion based on the preceding report. The subject vessel was personally inspected by
the undersigned on May 13, 2014 from 09:45 to 16:45 and was found to be a well constructed vessel. It
is outfitted with the standard and optional equipment normally found in a vessel of its size and purpose.
The "Removed for Privacy" has been well maintained resulting in it's good condition for a vessel of its
age.
Subject to the correction of any deficiencies listed in section IV A. (Safety), the vessel is considered to
be suitable for its intended use of Recreational near coastal cruising.. Any other deficiencies listed
should be attended to in a timely fashion.
SURVEYOR'S CERTIFICATION:
I certify that, to the best of my knowledge and belief:
The statements of fact contained in this report are true and correct.
The reported analyses, opinions, and conclusions are limited only by the reported assumptions and
limiting conditions, and are my personal, unbiased professional analyses, opinions, and conclusions.
I have no present or prospective interest in the vessel that is the subject of this report, and I have no
personal interest or bias with respect to the parties involved.
My compensation is not contingent upon the reporting of a predetermined value or direction in value or
direction in value that favors the cause of the client, the amount of the value estimate, the attainment of
a stipulate result, or the occurrence of a subsequent event.
I have made a personal inspection of the vessel that is the subject of this report.
This report is submitted without prejudice and for the benefit of whom it may concern.
ATTENDING SURVEYOR:
VI. PHOTOGRAPHS
Hull Identification Number Starboard Quarter
Port Quarter Port Bow
VI. PHOTOGRAPHS
Starboard Bow Helm
Port side Seat Wet Bar
VI. PHOTOGRAPHS
Aft Seat Forward Berth
Main Electrical Panel Galley
VI. PHOTOGRAPHS
Dinette Aft Berth
Head Head Sink
VI. PHOTOGRAPHS
Hauled - Bow View Hauled - Port Quarter
Hauled - Starboard Quarter Hauled - Starboard Bow
VI. PHOTOGRAPHS
Hauled - Port Bow Hauled - Outdrives

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