Lakeshore Professional Marine Surveys, LLC REPORT OF MARINE SURVEY "My Dream"
Transcription
Lakeshore Professional Marine Surveys, LLC REPORT OF MARINE SURVEY "My Dream"
Lakeshore Professional Marine Surveys, LLC 2172 E. 84th, Newaygo MI 49337 WWW.PROMARINESURVEYS.COM REPORT OF MARINE SURVEY SAMPLE---Pre-Purchase Condition and Value of the vessel "My Dream" 1990 Hatteras 52' Cockpit Motor Yacht PREPARED EXCLUSIVELY FOR: John Doe 123 Anystreet Any Town XX 12345 CONDUCTED BY: Bob Ptak, SAMS AMS Society of Accredited Marine Surveyors on 7/1/2014 _____________________________________________________________________ Phone: 616-340-1931 Email: [email protected] SURVEY REPORT TABLE OF CONTENTS MAJOR REPORT SECTIONS PAGE NO. SCOPE OF SURVEY & GENERAL INFORMATION 3 EXTERIOR HULL & BOTTOM INSPECTION 5 INTERIOR HULL & STRUCTURAL INSPECTION 7 TOP DECK & SUPERSTRUCTURE 8 HELM & NAVIGATION ELECTRONICS 10 CABIN INTERIOR APPOINTMENTS 10 ELECTRICAL SYSTEMS 14 ENGINE COMPARTMENT / PROPULSION SYSTEM 16 STEERING SYSTEM 17 TANKAGE / PLUMBING 18 SAFETY EQUIPMENT 19 AUXILIARY EQUIPMENT 20 INSPECTION RECOMMENDATIONS SUMMARY 21 CONDITION & VALUE SUMMARY 23 SURVEYOR REPORT CERTIFICATION 24 Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 2 of 24 SCOPE OF SURVEY & GENERAL INFORMATION SURVEY REQUESTED BY Client name: John Doe. Street address: 123 Anystreet Any Town XX 12345. E-mail address: [email protected]. Business phone: Cellular phone: 123-123-4566. Residence phone: 123-123-4567. SCOPE OF SURVEY SAMPLE--Pre-Purchase Condition and Value. 1990 Hatteras 52' Cockpit Motor Yacht. Assess the overall condition and value of vessel for pre-purchase decision making and if purchased, used for insurance underwriting and/or financing. Pleasure-Coastal. Intended use: Your Local Boat Yard. Vessel surveyed at: This survey was performed at the request of the purchaser, John Doe , who was not Survey requested by: present at the time of the survey. 7/01/2014. Inspection date: Bob Ptak, SAMS AMS. Conducted by: The vessel was surveyed both while stored outside hanging is travel lift slings then How survey conducted: launched and survey completed in the water. A sea trial was held prior to the physical inspection with the buyer. The attending Sea trial: surveyor was not in attendance. No sea trial results are available. The engine(s) were Not started as a part of this survey. Electrical systems checked: A.C. shore power was used to check A.C. electrical systems. DC power was used to check DC electrical systems. Onboard generator was also started to test AC power output. Moisture / Delamination: The Tramex Skipper Plus and GE Prottimeter Aquant non-invasive moisture meter was used for moisture readings referenced in this report. All moisture readings are comparative to surrounding areas with terms of normal or relatively dry, relatively moist or relatively wet. A percussion hammer was used to randomly test for delamination on all hull, transom and top deck surfaces where higher than normal moisture areas were detected. Type of survey: Vessel Yr/Make/Model: Purpose of survey: VESSEL CONDITION & VALUE Condition rating: Estimated fair market value: Estimated replacement cost: NOTE: ABOVE AVERAGE CONDITION. $ 295,000. $ 2,000,000. The overall vessel condition and value is for the vessel in its current condition at the time of survey prior to any repairs or maintenance and was established after a complete inspection of stated vessel, the results of which are included in this report of survey. The estimated fair market value and replacement cost includes all listed auxiliary equipment. See "Condition & Value Summary" section for additional details. VESSEL INFORMATION Vessel Yr/Make/Model: Vessel name: Hailing port: 1990 Hatteras 52' Cockpit MY. My Dream. Chicago IL. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 3 of 24 HATxxxxxB090 - A true digital photograph of the hull ID number of the referenced vessel is shown here and was found located on the transom. Hull ID number (HIN): Manufacturer/Builder: Vessel Type: Vessel Specifications: Source of Specs: Vessel description: Hatteras Yachts, High Point, NC. Fiberglass, Planing, Modified Vee hull, with hard chines and straight sheer. LOA-Length Overall: 52'11" // Beam- 16'0" // Draft:- 5'2" // Weight/Displacement- // 66,000 Lbs // Overhead Clearance-16'9" NOT Including Antenna's. BUC Research Guide. The 1990 Hatteras 52' Cockpit Motor Yacht is a luxury yacht constructed of fiberglass with an all fiberglass upper bridge and a balsa cored deck. The interior floor plan features three staterooms, main salon, full galley and dinette surrounded by light ash interior paneling. The galley has a full array of modern appliances and the entertainment system includes a TV with DirecTV connection, stereo power amplifier and full audio/video control system. There are four reverse cycle air conditioners and an enclosed aft deck that is fully furnished. She also has a fully functional 20KW generator. She is powered by twin Detroit Diesel 8V92TA engines with approx 145 hours since being rebuilt by Williams Detroit Diesel. The "My Dream" appears to have had very good care and is above average for her age. SURVEY STANDARDS Standards followed: This survey was completed using as reference the federal regulations and amendments issued and enforced by the United States Coast Guard under the authority of Titles 33 and 46 of the United States Code of Federal Regulations (CFR's) in effect at the time of the survey inspection. In addition the American Boat and Yacht Council (ABYC) and National Fire Protection Association (NFPA-302) voluntary standards in effect at the time of the survey were used as reference. These ABYC and NFPA voluntary standard practices are generally followed by most vessel manufacturers today. 100% adherence is not guaranteed. SURVEY INSPECTION COMMENTS Comments: Report terms used: • All systems and components inspected and described herein apply only at Time of Survey and are considered serviceable and/or functional except as indicated in the survey report and listed in the Recommendations section. Electronic devices and instruments were checked for power up only - not for functionality. Areas not inspected include vessel structure areas which are covered, unexposed or inaccessible such as screwed down or false panels or bulkheads, moldings or any area that was not readily open for visual inspection. If a component is not identified in this report, it was not sighted/inspected or not installed. • It is the nature of marine vessels that deterioration, wear and accidents do occur and as such, this report therefore represents the condition of the vessel only on the date the survey was conducted. It provides no guarantee and no prediction of the vessel's condition on any later date. • "Priority I Recommendations" are related to Safety & Regulatory findings and are printed RED in the report. • "Priority II Recommendations" are related to Maintenance & Standards findings and are printed BLUE in the report. •"Other Observations & Suggestions" are items that are relatively minor in nature and are printed GREEN in the report. • FRP: Fibre reinforced plastic-Also known as Fiberglass or Fibreglass. This is the typical construction material for most modern day yachts and small craft. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 4 of 24 • 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, behind screwed down panels, or requirements not to conduct destructive tests). • FUNCTIONAL/OPERABLE: Functions as intended. • POWERS UP: Device was tested for Power Up only, not for full design functionality. • SERVICEABLE: Sufficient for a specific requirement. • EXCELLENT CONDITION: New or like new. • GOOD CONDITION: Shows minimal wear with possible minor cosmetic discrepancies. • FAIR CONDITION: Denotes that system, component or item is functional as is with minor repairs. (MONITOR OFTEN) • POOR CONDITION: Requires repair or replacement of system, component or item to be considered fully usable. EXTERIOR HULL & BOTTOM INSPECTION HULL EXTERIOR-SIDES Hand laid and molded fiberglass, with white gel coat surface and with black boot stripe. Construction material: Hull cosmetics: Moisture/Delamination: Stem: Side thru hull fittings: Rub rail: Port Lights: Hull cosmetics are in good condition-minor nicks and scratches which are typical for a vessel of this age. All moisture meter readings on hull sides and surrounding thru hull fittings were relatively dry with normal comparative moisture meter readings. Moderate flare- Solid, no cracks on external inspection. Moisture readings relatively Dry. Plastic mushroom head fittings, used for: Cockpit/Deck drains, Sink drains, Bilge/Sump drains, A/C discharge drain(s), Generator exhaust, All thru hull fittings are adequately secured and sealed to hull. Rub rail is black rubber with backing of stainless steel. Well secured in good condition with only minor scrapes. Port and starboard sides All secure. TRANSOM Conventional flat transom, with power lift swim platform. All moisture meter readings on transom and surrounding thru hull fittings were relatively dry with normal comparative moisture meter readings. No Delamination discovered when randomly testing with percussion hammer. Powered TNT swim platform that is fully functional and includes a remote control. Swim Platform/Step: The boarding ladder is stainless steel that is mounted under swim platform. The Swim/Boarding ladder: ladder is well secured and functional. Transom thru hull fittings: Bronze mushroom head fittings .Stainless steel exhaust fitting All well secured and Transom type: Moisture/Delamination: Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 5 of 24 Trim tabs: functional. Bennett dual ram hydraulic trim tabs. Well secured. Power up and function OK. No leaks sighted. HULL BOTTOM Construction material: Bottom paint: Osmotic blistering: Blister comments: Moisture/Delamination: Strainers/Scoops/Screens: Transducers: Thru Hull fittings: Molded fiberglass, No cracks or separation sighted on any portion of hull bottom. Anti-fouling bottom paint in good condition. No stress cracks sighted. NO evidence of blisters was found on hull bottom during bottom inspection. Blisters are an unknown factor on all boats and if not currently present, there is no guarantee that they will not appear in the future. Blisters have a tendency to dry out over winter storage unless severe or large. Blisters (if any) best appear after vessel has been in water for an entire season. In addition, the symptomatic evidence of blistering can be obscured by bottom coatings, a dry storage period during which blisters spontaneously depressurize, bottom laminate sanding, and other conditions or actions. Recommend full inspection for blisters immediately after haul-out and power wash. Surveyor has no firsthand knowledge of the history of bottom maintenance, blistering, repairs or prophylactic coatings on this vessel. All random moisture meter readings on hull bottom and surrounding thru hull fittings were relatively dry with normal comparative moisture meter readings. No Delamination discovered when randomly testing with percussion hammer. All strainers/screens are well secured to hull bottom. Clear of debris & zebra mussels. Transducers for speed and depth are adequately sealed and bonded to the hull. The speed transducer spins freely. NOTE: Recommend not painting the speed or depth transducers. Paint can sometimes interfere with their proper function/readout. Mushroom type bronze fittings for all below water line sea cock locations. Well secured to hull bottom. KEEL Keel type: Tapered fiberglass stabilizing keel. .Keel is well secured and well faired into hull. No cracks or separation sighted at hull to keel joint. Keel condition: PROPELLER(S)/SHAFT(S) / STRUT(S) Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 6 of 24 Prop(s) built by Manufacturer name was not sighted on props. Props have five blades and are made of Nibral, Props measured at 36" X Pitch is Not marked or could not read markings. Prop(s) description: Shafts are sized 2 1/2" and made of, Stainless steel. No pitting, cracks or corrosion sighted. Prop shaft(s) do not appear bent. Two bronze P-Struts per shaft. Struts appear to be in line. Well secured-no Strut(s): separation or cracking sighted. Cutlass (shaft) bearing(s): Good condition. No play found in cutlass bearing, NOTE: Monitor condition of cutlass bearing(s) after each haul out and replace if play is excessive or if shaft vibrations are felt when underway. Shaft size / material: RUDDER(S) Rudder type/condition: Rudder alignment/swing: Bronze, axe head type. Well secured. No abnormal horizontal or fore/aft movement in rudders . No cracks or bending or damage sighted in rudders. Full rudder swing to both port and starboard shows equal amount of travel. ANODES Shaft: Rudder: Anode notes: Collar anode on shafts-Serviceable and secure. No deterioration sighted. Yes, Serviceable and secure. Monitor all anodes frequently on hull and underwater equipment and replace when they are no more than 50% wasted. Anodes are normal replacement items designed to help protect the running gear from electrolysis. Keep spares aboard vessel. INTERIOR HULL & STRUCTURAL INSPECTION HULL INTERIOR & STRUCTURAL COMPONENTS Hull to deck joint: Bilge(s): Stringers: Bulkheads: Overlap (Shoe box type), Fasteners sighted were stainless steel bolts spaced approximately 6" to 8". Appear secure. Elastomeric compound sighted in hull to deck joint. No leaks thru any part of hull to deck joint area sighted. Clean and dry for areas open to inspection. NOTE: Whenever you visit your boat, it's good practice to check the bilge area(s) for higher than normal levels of water and proper functionality of the bilge pump(s) or anything else that could be causing trouble. Hull stiffness provided by FRP covered wooden longitudinal stringers that run the length of the vessel. Complete inspection not possible due to limited access. Stringers were sighted in the engine compartment and under portions of cabin sole and are well glassed into hull where sighted. Stringers checked with Moisture meter where accessible and all readings were relatively Dry. Stringers sounded with hammer where accessible and appeared very sound. No soft spots, separation, cracks rotting or splitting sighted. Limber holes appear to be adequately sealed where sighted. Athwartships reinforcement enhanced by structural bulkheads bonded to the hull with FRP (fiber reinforced plastic). All tabbing appears serviceable and sound with no cracks or separation of tabbing sighted in any compartments. No visual evidence of movement sighted in any bulkhead. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 7 of 24 Stem: Inside of transom: Solid stem, no cracks or separation sighted inside. Reinforced. Secure-no cracks or separation sighted. ALL THRU HULL FITTINGS Sea valves: Sea valve condition: Sea valves piping: Sea strainers: Bronze seacock ball valve(s) installed, Sea valves sighted are used for: Air Conditioner(s) raw water intake(s), Engine(s) raw water intake(s), Generator raw water intake, Head raw water flush intake. Waste holding tank(s) discharge. Sea valves are all functional. NOTE: All sea valves should be moved from one setting to the other a few times at least once a month to ensure that they will be in usable condition. Marine rubber covered reinforced hose. Hoses are double clamped. Monitor all hoses periodically and replace if cracks appear. Internal strainer(s) installed for engine raw water, generator raw water, air conditioner raw water pickup. Sea strainer(s) are clear of debris. TOP DECK & SUPERSTRUCTURE MAIN DECK & FITTINGS Molded, cored fiberglass deck and side deck construction (core not sampled). White gel coat with molded in non skid fiberglass surface. Good condition. Deck is solid under foot, no soft spots discovered and no visible cracks or chips sighted. Deck Surface: Moisture/Delamination: Anchor platform: Anchor/chain locker: Windlass: Bow pulpit/rail: Fender holders: Stanchions/side rail(s): Lifeline(s): Deck hatches: Toe rail(s): Cleats & fairleads: Cabin (house) to deck joint: Windshield: Moisture meter readings on top and side decks and surrounding thru deck fittings were relatively dry with normal comparative moisture meter readings. No Delamination discovered when randomly testing with percussion hammer. Integrally molded FRP platform with attached anchor roller assembly. Well secured-no cracks sighted. Yes accessed from top deck with hatch lock. Functional. Lewmar, Pro Series 1000 Combination Chain/Rope gypsy with remote control. Fully functional. Stainless steel, well secured. Stainless steel fender holders with fenders secure to forward side rails on both port and starboard sides. Stainless steel, Well secured. Single lines vinyl covered in good condition and well secured. Yes, well secured, seals in good condition, support arm(s) in place. Molded in, no cracks or separation sighted. Horn cleats are all well secured to deck and side deck and are functional. Cabin house is well secured with stainless steel screws on sides. Large three piece aluminum framed with tapered side panels. No cracks or separation sighted and is well secured. AFT DECK Sole: FRP (fiber reinforced plastic) with molded in non skid, with carpet cover. Carpet in excellent condition with snap downs in place. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 8 of 24 Scuppers/deck drain(s): Canvas: Cockpit equipment: Cabin entrance: Storage: Yes. Drains are clear, hoses secure. Full canvas enclosure with zip out plastic windows, and screens. Sink/Wet bar has, molded in sink, sink is stainless steel Refrigerator(s)/ice maker(s): Isotherm 12 volt Refrigerator/Icemaker powers up OK. Rattan sofa and table/chairs with cushions. All in excellent condition. Plastic swing door with glass and door lock. Liquor/wine storage cabinet built in at wet bar. FLYBRIDGE Construction material: Accessed by: Sole: Helm station: Fiberglass and well secured with screws at base. Stairs from aft deck. Fibre reinforced plastic with molded in non skid with carpet cover. See Helm and Navigation Electronics section for details. Seating: Two adjustable swivel seats at helm and port side "L" shaped seating. All seating vinyl in excellent condition. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 9 of 24 Full Canvas enclosure over flybridge including bridge curtains and zip out isinglass with screens. Good condition. Canvas: Radar arch: Storage: Windshield: Fiberglass and well secured and housing antennas which are all well secured. Beneath "L" seating area. Plastic spray shield with isinglass. Well secured- no cracks sighted. HELM & NAVIGATION ELECTRONICS NAVIGATION ELECTRONICS Compass(es): VHF radio(s): Autopilot(s): Multi-function instrument(s): Radar: Chart plotter(s): GPS: Mounted at main helm: 6" Ritchie Powerdamp, Appears functional. Mounted at main helm: ICOM IC M-422 Powers up OK, Serial no was not sighted. Unit is built in. Mounted at main helm: Raymarine ST7001+ Powers up OK, Serial no was not sighted. Unit is built in. Mounted at main helm: Raytheon TriData Powers up OK, Serial no was not sighted. Unit is built in. depth, speed, & temp. Mounted at main helm: Furuno FR-7040D with 12" display, Powers up OK, Serial no was not sighted. Unit is built in. Mounted at main helm: Raymarine RC320 Powers up OK, Serial no was not sighted. Unit is built in. Garmin GPS MAP 172C, Powers up OK and appears functional. Serial no was not sighted. Unit is built in. OTHER ELECTRONICS AND CONTROLS Antenna(s): Bilge pump switches: Courtesy lights: Fire alarms: Horn: High water alarm: Spotlight controls: Trim Tabs: Windlass control: Windshield wiper(s): VHF, Radar, GPS, FM Stereo, TV, all securely mounted on radar arch. Bilge pump switches-- all power up bilge pumps. ( See bilge pumps section for details on operational status.) Functional. Safe-T-Alert Automatic - Charged/Discharged Signal Light at Helm Station. Appears functional. Electric horn switch is fully functional. Yes-functional. ACR Point Pad, RCL-100 Powers up and turns properly port/starboard/up/down. Trim tabs switches are operational and no leaks sighted. Helm controlled switch is fully functional for both raising and lowering anchor. Two Wipers- both power up. Blades appear to be in good condition. ENGINE INSTRUMENTS AND CONTROLS Throttle and shift controls: Morse, Separate levers for each engine throttle and shift control. Controls work smoothly. Engine room blower(s) power up and fully functional. Engine room blowers: Engine Alarm, Alarm tested and found functional. Engine alarm/shutdown: All engine instruments are OEM. (Original Equipment Manufacturer) Engine status: All panel lights are functional. Panel lights: CABIN INTERIOR APPOINTMENTS Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 10 of 24 MAIN SALON Style: Sole: Bulkheads/Trim: Headliner: Water intrusion signs: Contemporary with padded and color coordinated wall papered bulkheads. Carpeting installed throughout. Carpet is clean. Clean and unmarred. Well tabbed into hull. No cracks or separation sighted and no evidence of movement in any bulkhead. Vented vinyl. Clean and well fastened. No tears, splits or stains sighted. Some water tracks sighted on both sides of hull near some main salon windows. RECOMMENDATION: Seal all window frame water intrusion points. White Ash trim around all doors and counter tops. Framing Trim: Color coordinated Adjustable cherry wood table. "L" shaped sofa bed and foot stool, Salon furnishings: tables and lamps. All secure. 12 volt cabin lights throughout the vessel, both direct and indirect, 110 Volt lamps Light fixtures: also available and well secured. Full cushions, cloth covered and side chairs. Excellent condition-Clean and No Seating: holes or tears sighted. Side cabin -slide open windows. Appear serviceable. -- blinds for side windows. All Side windows: curtains/blinds shades appear to be serviceable. WalVac central vacuum system built in. Vacuum hose and end attachments Central vacuum system: available. Powers up OK and appears functional. Splendide 2000 Combination washer/dryer unit. Model and serial no not sighted-Washer / Dryer: unit built in. Not tested. Overall interior condition: Interior is in very good condition for its age. ENTERTAINMENT ELECTRONICS Stereo(s): Speaker(s): On Fly bridge: Kenwood KRC-701 AM/FM with CD player, Unit is built in and well secured. Powers up OK and appears functional. Serial no was not sighted. Unit is built in. Guest stateroom: Clarion Marine CMD4 Powers up OK and appears functional. Serial no was not sighted. Unit is built in. Speakers located On Fly bridge, in Main salon, in Master stateroom and in Guest stateroom, Speakers are manufactured by: Clarion, All speakers powered up OK with Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 11 of 24 the stereo. Stereo power amplifier(s): Main salon: RCA Dimensia with remote. Powers up OK. Serial# not sighted, Unit built in. DirecTV Receiver. Powers up OK. Serial# not sighted, Unit built in. TV Tuner/Receiver: All Main Salon electronics are built Other notes: in/mounted in an electronics bank. GALLEY Port side step down off main salon. Location: Sink(s): Water system: Stove: Refrigeration: Microwave oven: Coffee maker: Dishwasher: Storage: Single stainless steel deep well. Pressurized hot and cold, Tests OK as pump holds pressure without cycling. Galley Maid, two burner, electric, Burners tested and are functional. Power indicator lights are functional. Upright, with freezer. Frigidaire Model FPF123456 Door safety lock is installed and functional. 110V, Powers up OK. Sharp Carousel II, Convection oven, Unit is built in and well secured. Powers up OK and appears functional. Black and Decker Space Maker, Not tested, Unit is not properly secured on counter. ------ Any appliance should be secured from movement while underway to comply with ABYC A-3 recommendations. A large device/appliance left loose while under way on a counter, table or stove top is hazardous to passengers and crew. Kenmore built in and well secured. Good. Cabinets above and drawers and storage areas below the galley. DINETTE Table type: Seating: Removable table for converting to extra sleeping berth. Two side bench seating. BERTHS / STATEROOMS Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 12 of 24 Master stateroom: In V-berth area, Amenities include: Raised island bed with custom sized mattress and custom bed cover. Storage drawers under bed. Cedar lined hanging closet. Reading lights, direct and indirect lighting. Guest stateroom: In Aft cabin area, Amenities include: Custom sized bed with mattress, and custom bed cover with sheets pillows. Hanging closet. HEAD(S) Number/Location: Toilet(s): Raw water supply: Sink: Shower(s): Medicine cabinet: Vent fan: Shower sump tank/ pump: .Two heads located: in master stateroom and near guest stateroom. Raritan, Electric flush pumps, Appeared functional when tested. No leaks sighted. Raw water intake thru bronze seacock. Hose secure. Solid surface Hot & Cold pressure water fixture at sink. Drains overboard. Stand up or sit down shower stall in each head. Yes available and fully functional. Powers up and functional, for both heads. Located in sump tank with auto float and automatic bilge pump. Not tested-Float inside sealed sump container. AIR CONDITIONING (A/C) Lunaire Marine, 120 volt - reverse cycle. Manufacturer & Type: Locations / BTU Capacity: Forward cabin- BTU: 6,000 BTU, Aft cabin- BTU: 9,000 BTU, Main salon & Galley- BTU: 24,000 BTU. Bridge & Aft Deck- BTU: 24,000 BTU. Digital Marine, A/C temperature pull down was excellent. Unit was also checked for Temp Controls: heating function on reverse cycle. The reverse cycle heat functioned properly. Air intake filters in need of cleaning. ----- Clean air intake filter to allow A/C unit to Filter(s) Condition: operate at maximum efficiency. Yes, one for each condensing unit. Functional with drains. Drip trays: Drains overboard. Condensate drain: Bronze sea cock for A/C Raw water intake. Fully functional and hose is double A/C Raw water: clamped. Strainer located at A/C raw water pump inlet seacock. Strainer is clear. Hoses are Thru hull strainer: clamped and secure on all fittings sighted. Raw water cooling pump: 220 Volt pump feeds all four condensing units. All functioned well when testing A/C units. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 13 of 24 ELECTRICAL SYSTEMS D.C. ELECTRICAL SYSTEMS D.C. Voltage system: Charging system: Batteries: Battery Set Two: Battery selector switch: Distribution panel: D.C. usage meter(s): Breaker(s)/fuse(s): D.C. wiring: DC Electrical ground: 24 Volt system. Both engine mounted alternators plus the battery charger is a Professional Mariner ProMatic 30-3 Charger powers up and was functional. There are at total of two 12 Volt that are type 8D Lead acid batteries 12 Volt batteries, that are located in the engine compartment which provide service to the main engines. Batteries are wired Batteries are wired in series to produce 24 volts, Batteries are well secured in boxes with straps or hold down brackets. Cables are properly color coded and positive terminals are properly covered with boots or box covers. There are at total of two that are type 8D Lead acid batteries 12 Volt batteries, that are located in the engine compartment which provide service to house electrical and generator starting Batteries are wired in parallel producing 12 volts, Batteries are well secured in boxes with straps or hold down brackets. Cables are properly color coded and positive terminals are properly covered with boots or box covers. Yes multiple rotary switches are functional. Yes located in main salon, Bridge and in engine room. Analog type, Amps, Volts. All D.C. circuits are adequately protected by branch or switched breakers. All wiring runs are properly secured every 18" per ABYC E-11 recommendations. Ring spade or crimp on connectors sighted for wiring connections per ABYC recommendations. DC electrical system is properly tied into vessels electrical ground system using the engines as a common ground. A.C. ELECTRICAL SYSTEMS A.C. Voltage system: Shore power breaker: 50 Amp - 220 Volt system, Shore Power: Two shore power inlets provided by Hubbell 50 Amp capacity, with Glendinning Cablemaster 50 Amp shore power service with remote. Glendinning cable system powers up and is functional, located on Port side of deck. Dual pole breaker for shore power at main power distribution panel per ABYC recommendations. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 14 of 24 AC / Generator manual break/make lever switches for each circuit located in main AC panel. A.C. power selector switch: Distribution panel(s): Branch breakers: Reverse polarity indicator: GFCI protection: A.C. meter(s): A.C. wiring: Anti-chafe protection: A.C. Electrical ground: Yes combined with DC power panel. All A.C. circuits are adequately protected by branch breakers. Functional and outlets tested OK for proper polarity. GFCI protection is provided for galley and head and other wet locations. GFCI trips properly when tested in most wet locations. GFCI protected outlet(s) would not trip when tested in Galley. RECOMMENDATION: Replace faulty GFCI outlet(s) for protection of people per ABYC E-11 recommendations. Analog type, Amps, Volts. Stranded copper boat cable- size and rating, where sighted, appears correct and serviceable for intended use. All wiring runs are properly secured every 18" per ABYC E-11 and NFPA 302 recommendations. A.C. wiring is properly terminated. No wire nuts or loose connections sighted. Ring spade or crimp on connectors sighted for wiring connections per ABYC recommendations. Yes sighted at all compartment pass thru locations. A.C. electrical system is properly tied into vessels electrical ground system using the engine(s) as a common ground. GENERATOR Manufacturer/Location: Generator specifications: Generator hours: Kilowatt/Voltage/Amps rating: Hoses and clamps: Belts and pulleys: Cooling system(s): Oil level and condition: Fuel pump(s): Fuel supply lines: Fuel filter(s): Engine mounts and beds: Onan Marine, located in engine room. Diesel powered, Two cylinders, 20KW. Engine Hours are: 350. 20 KW, 120 / 240 Volts AC. Amperage output not labeled or sighted on unit. Properly double clamped. Belts condition are serviceable. No cracks or splits sighted. Pulleys/belts appear to be in line. Fresh water / heat exchanger cooled with water intake through lever action seacock. Clean & full on dipstick. No evidence of water or cuttings in lube oil. Engine mounted. No leaks sighted. USCG A1 flex, No cracks or soft spots. Racor water separator. No leaks sighted. Engine mounts appear to be well secured to the support mounting. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 15 of 24 Engine ground cable: Exhaust piping: Muffler: Ventilation: Condition summary: Generator is properly grounded with a proper size conductor cable. Side hull exhaust, Flex hose and metal. Exhaust hose is properly double clamped at both ends. Fiberglass water lift muffler double clamped at both ends. Blower and natural. Blower powers up OK. Generator was tested under full load of A/C units and other AC powered devices. Generator started and ran properly and properly maintained voltage readings. GROUND/BONDING SYSTEM Main bonding conductor: Twin engines are properly connected to each other by a common conductor circuit. The remaining ground/bonding system is well established where sighted; Electrical system, Seacocks, Shaft logs, Rudders, Sea Strainers, Pumps, Genset, Fuel system/tanks, Hull Zincs were all bonded. The bonding system is using individual green insulated wire or copper strips. ENGINE COMPARTMENT / PROPULSION SYSTEM MAIN ENGINE(S) Engine specifications Engine serial no(s): Engine(s) hours: Raw water hoses: Belts and pulleys: Cooling system(s): Engine ventilation: Engine ground cable: Oil level and condition: Two V-8 Turbo Diesel Detroit Diesel 8V92TA. Port engine serial no: 8VF123456 Starboard engine serial no: 8VF123445. Port 748.1, Starboard hrs: 1010.0 The port engine hour meter is not functioning. Maintenance logs going back to May 2002 show same unchanged hours.----- Repair port engine hour meter to allow tracking of any maintenance. Raw water intake hoses are showing signs of age cracking along most of its length. The hose(s) appear firm with no soft or spongy areas. Although the hose appears to remain serviceable it cannot be determined when the hose will burst through. RECOMMENDATION: Replace any cracked engine raw water cooling hose(s) Belts condition are serviceable. No cracks or splits sighted. Pulleys/belts appear to be in line. Fresh water / heat exchanger cooled, -- coolant level is good and appears in good condition. Natural ventilation for engine space is provided. Power exhaust ventilation blower(s) are installed. Power vents power up. The bilge blower hose for the port engine is partially collapsed forward of the engine. RECOMMENDATION: Replace any collapsed vent hose to allow proper ventilation of the engine compartment. Engines are properly grounded together with a proper size conductor cable. Clean & full on dipstick(s). No evidence of water or cuttings in lube oil as sighted Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 16 of 24 Ignition protection: Fuel supply lines: Fuel filter(s): Engine mounts and beds: Drip pad(s): Engine(s) operated: on dipstick(s). Yes -Alternator and Starter appear to be OEM and ignition protected. USCG A1 flex. No leaks, cracks or soft spots sighted. No leaks sighted at fuel filter(s). Engine mounts appear to be well secured to the support stringers. NOTE: See Hull Interior section for condition of stringers themselves. Pads in place to catch fluid drippings. Pads are clean and show no evidence of leakage. NOTE: Monitor drip pad area below engines at all times to catch any leakage as soon as it occurs. Engine not operated for purposes of this survey but the vessel came to the yard / slip under her own power. All engine operations appeared normal at that time. EXHAUST SYSTEM Exhaust manifold: Muffler(s): Piping/Clamps: Discharge location(s): Good condition- The exhaust system including exhaust connection and hoses were inspected using an inspection mirror and no obvious cracks or leakage issues were noted. No visible leaks or water tracks sighted. Flex hose, Securely double clamped as required. No cracks soft spots or evidence of leaks sighted in exhaust system. Transom, stainless steel exhaust tubes. TRANSMISSION(S) Manufacturer/Model: Serial no(s): Gear ratio: Fluid level and condition: Propeller shaft(s): Stuffing box(es): Twin Disc Model MG511. Port: 5AL123 Starboard: 5AR 123. 2.54:1. Good, Fluid levels show full, does not smell burnt. No pitting, cracks or corrosion sighted. Couplers are properly safety wired. Stuffing box and packing gland, was bronze hex nut type. Boot was double clamped and appeared serviceable. Monitor Frequently for leakage and proper adjustment. STEERING SYSTEM STEERING SYSTEM Type: Mounting(s): Steering tie bar: Lines and fittings: Rudder stock(s): Packing glands: Hynautic, Fly bridge, Hydraulic assisted wheel steering. Cylinder & ram actuator well secured-no leaks sighted. Well mounted with rudder steering arms connected by a steel lateral bar. Flex hydraulic lines. No leaks sighted. 2 1/2" Stainless steel stock. Visually sound. Port side Rudder packing gland is leaking. RECOMMENDATION: Adjust packing nuts or replace packing glands as necessary to prevent any leakage. NOTE: Rudder packing glands should always be totally dry. Check frequently and adjust if necessary. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 17 of 24 TANKAGE / PLUMBING FUEL TANK(S) No & Location: Tank type & capacity: Manufacturer' s label(s): Fuel supply lines: Diesel return line(s): Shut off valve(s): Vent line/location: Fill line(s) located: Fill pipe & condition: Fuel fill grounded: Tank(s) grounded: Tank(s) secured: Three tanks located Forward, Midship and Aft. Tank(s) are constructed of Fiberglass and integral with hull. The tank(s) capacity is Fwd-360 Gallons, Midship-400 Gallons, Aft tank estimated at 225 Gallons. The USCG required label was sighted on two of the three fuel tanks. Aft tank label could not be read. Copper fuel line from fuel tank to near engines then flex USCG A1 to engine mounted fuel pumps. Well secured and No cracks, soft spots or splitting sighted. Serviceable, Engine uses grade USCG Type A1 return line. No cracks, soft spots or splitting sighted. Serviceable. On tank tops. Vent located on hull side(s), with flame screens or cleanable vents in place and clear. USCG A1 No cracks, soft spots or splitting sighted. Serviceable. Side decks, clearly marked for diesel fuel per ABYC recommendations. USCG A1 flex type hose, No cracks, soft spots or splitting sighted. Serviceable. Fill hose is properly double clamped at both ends of fill hose. Fuel fills are properly grounded to the fuel tanks. Yes- tanks are properly grounded. Tank(s) well secured. FRESH WATER TANK(S) No & locations of tanks: Tank(s) type & capacity: Tank(s) secured: Filter(s): Inspection/cleaning access: Water pump(s): Supply lines: Shut off valve(s): Filling line(s) located: Vent(s) location(s): Two tanks in engine compartment outboard. Plastic with a total capacity of 85 gallons each. Yes. In line filter. Filter appears clean. Good. 24 volt pump powers up and pressurizes the water lines. No leaks or pump cycling. Reinforced flex plastic hose. No leaks sighted for areas open to inspection. Manual shut off valve is functional at each tank. Side deck clearly marked for water. Side hull. HOLDING TANK(S) - BLACK WATER One holding tank located in engine compartment centerline aft. No & Location of tanks: Marine Sanitation Device: Certification Type: MSD U.S.C.G. Type III. (Holding tank). Waste tank is connected to deck waste fitting for pump out. No overboard discharge was sighted to comply with USCG regulations for the Great Lakes and all inland waters. Tank(s) type & capacity: Fiberglass type integral with hull with a total capacity of 80 gallons. Yes. Tank(s) secured: Visually good (where accessible) Tank(s) condition: Sanitation hose Lines are all well secured. No cracks or leaks sighted. Lines: Discharge line(s) located: Deck pump out, Marked for Waste. Side hull. Vent(s) location(s): Yes. Functional. Vented loop(s): WATER HEATER Tank location: Manufacturer/capacity: How powered: Ignition protected: Engine compartment. Tank was built by: Bradford White The capacity is 20 US gallons. 110V no heat exchanger installed. Yes, Water heater is marine type and labeled as ignition protected. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 18 of 24 Water heater test: Pressure relief valve(s): Drain fixture(s)/plug(s): Supply lines: Outer tank material: Tank(s) secured: Water heater tested using 110V system and found fully functional. Yes- Drains into bilge area. Yes- Appears functional. Reinforced plastic. No leaks sighted. Mild steel. Yes, Tank is well secured to base. SAFETY EQUIPMENT U.S.C.G. REQUIRED Navigation lights: Life Jackets(PFD's): Throwable type PFD's: Visual Distress Signals: Sound devices: USCG placards: Engine ventilation: Waste Management Plan: All Navigation running lights were tested and found fully operational. USCG Type II. Over 5 sighted aboard, All appear to be in good condition. USCG approved buoyant cushion(s), 1 to 5 sighted aboard, USCG approved Horseshoe buoy(s), All Throwable PFD's sighted appear to be in good condition. 12 Ga Aerial, Red hand held, Signals are current, plus multiple expired spares. Electric horn control at helm station is functional. Hand held air horn is available and was fully functional when tested. Functional ships bell also available. Both USCG mandated placards (Oil & Garbage) are properly posted. Natural ventilation for engine space is provided, Power exhaust ventilation blower(s) are installed and are fully functional. A written waste management plan was not sighted on board to comply with USCG regulations. RECOMMENDATION: Vessels over 39'4" (12M) or longer with a galley and berthing require a written waste management plan describing the procedures for collecting, processing, storing and discharging garbage, and designate the person who is in charge of carrying out this plan. This is a USCG CFR 33 151.57 requirement. Non compliance could lead to a fine. FIRE FIGHTING EQUIPMENT- U.S.C.G. Required Dry Chemical Size I: Fixed /Clean Agent: Five or more USCG approved extinguisher(s) sighted at: Bridge area, Galley Main salon Upper deck, Engine space All gauge(s) read full. One USCG approved Halon 1301 automatic fire extinguisher, Located: in the engine compartment, Fixed fire extinguisher system has current certification tag(s). BILGE PUMPS ELECTRIC PUMPS: Three electric pumps. Located at: Aft bilge Engine compartment bilge Forward bilge Pumps sighted are: Rule 24 volt, 2000 GPH, Pump(s) power up when switched on manually. Pumps are equipped with separate float switches that were tested and powered up. High water alarm is installed, tested and found operational. GROUND TACKLE Primary anchor: Danforth type Fluke, Sized: # 60H, with undetermined length of raw chain Anchor/rode shackle pins are not properly seized----- Seize anchor rode shackles with galvanized or monel seizing wire from pin to shackle to help prevent loss of anchor. AUXILIARY SAFETY EQUIPMENT First aid kit: Smoke detector(s): Carbon monoxide detectors: Yes and appears well equipped. None sighted. ------ Since 2004, NFPA 302-12.3 has recommended RV tested or more recently marine tested Smoke Detection devices for all vessels 26 ft (8m) or more in length with accommodation spaces intended for sleeping and is installed and maintained according to the manufacturer' s instructions. Safe-T-Alert Carbon Monoxide detectors, Located at: Master stateroom, Guest stateroom(s), All tested OK. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 19 of 24 AUXILIARY EQUIPMENT MISCELLANEOUS EQUIPMENT & ACCESSORIES Dock lines: Fenders: Miscellaneous other: Multiple assorted length dock lines sighted aboard vessel. in stainless steel fender holders on bow rail. Boat hook, Deck brush, Tool box with assorted tools. Folder complete with vessel owners manuals and manuals for installed electronics was sighted aboard. Undetermined length of water hose. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 20 of 24 INSPECTION RECOMMENDATIONS SUMMARY PRIORITY I - SAFETY & REGULATORY RECOMMENDATIONS The items listed are required by state or federal laws and U.S.C.G. regulations or are considered by the attending surveyor to represent unsafe operating conditions at time of survey. Recommend these items be corrected before next use of vessel. ELECTRICAL SYSTEMS A.C. ELECTRICAL SYSTEMS GFCI protection: 1. GFCI protected outlet(s) would not trip when tested in Galley. RECOMMENDATION: Replace faulty GFCI outlet(s) for protection of people per ABYC E-11 recommendations. SAFETY EQUIPMENT U.S.C.G. REQUIRED Waste Management Plan: 2. A written waste management plan was not sighted on board to comply with USCG regulations. RECOMMENDATION: Vessels over 39'4" (12M) or longer with a galley and berthing require a written waste management plan describing the procedures for collecting, processing, storing and discharging garbage, and designate the person who is in charge of carrying out this plan. This is a USCG CFR 33 151.57 requirement. Non compliance could lead to a fine. PRIORITY II - MAINTENANCE & STANDARDS RECOMMENDATIONS These are important maintenance items sighted at time of survey which in this firm's opinion should be performed. They may also include recommendations to conform to current ABYC and NFPA-302 voluntary standards which may not have been in effect or may not have been adhered to by the builder when the vessel was constructed. Some of these, if not addressed, could lead to a Priority I safety issue and/or may result in a reduced vessel market value. CABIN INTERIOR APPOINTMENTS MAIN SALON Water intrusion signs: 1. Some water tracks sighted on both sides of hull near some main salon windows. RECOMMENDATION: Seal all window frame water intrusion points. ENGINE COMPARTMENT / PROPULSION SYSTEM MAIN ENGINE(S) Raw water hoses: 2. Raw water intake hoses are showing signs of age cracking along most of its length. The hose(s) appear firm with no soft or spongy areas. Although the hose appears to remain serviceable it cannot be determined when the hose will burst through. RECOMMENDATION: Replace any cracked engine raw water cooling hose(s) Engine ventilation: 3. The bilge blower hose for the port engine is partially collapsed forward of the engine. RECOMMENDATION: Replace any collapsed vent hose to allow proper ventilation of the engine compartment. STEERING SYSTEM STEERING SYSTEM Packing glands: 4. Port side Rudder packing gland is leaking. RECOMMENDATION: Adjust packing nuts or replace packing Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 21 of 24 glands as necessary to prevent any leakage. OTHER OBSERVATIONS & SUGGESTIONS _______ These are other less significant items or observations discovered at time of survey. Suggestions are made that if not addressed, could lead to more important priority issues and/or could lead to a reduced vessel market value. The cost of addressing these items are generally minimal. CABIN INTERIOR APPOINTMENTS GALLEY Coffee maker: 1. Unit is not properly secured on counter. ------ Any appliance should be secured from movement while underway to comply with ABYC A-3 recommendations. A large device/appliance left loose while under way on a counter, table or stove top is hazardous to passengers and crew. AIR CONDITIONING (A/C) Filter(s) Condition: 2. Air intake filters in need of cleaning. ----- Clean air intake filter to allow A/C unit to operate at maximum efficiency. ENGINE COMPARTMENT / PROPULSION SYSTEM MAIN ENGINE(S) Engine(s) hours: 3. The port engine hour meter is not functioning. Maintenance logs going back to May 2002 show same unchanged hours.----- Repair port engine hour meter to allow tracking of any maintenance. SAFETY EQUIPMENT GROUND TACKLE Primary anchor: 4. Anchor/rode shackle pins are not properly seized----- Seize anchor rode shackles with galvanized or monel seizing wire from pin to shackle to help prevent loss of anchor. AUXILIARY SAFETY EQUIPMENT Smoke detector(s): 5. None sighted. ------ Since 2004, NFPA 302-12.3 has recommended RV tested or more recently marine tested Smoke Detection devices for all vessels 26 ft (8m) or more in length with accommodation spaces intended for sleeping and is installed and maintained according to the manufacturer' s instructions. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 22 of 24 CONDITION & VALUE REPORT SUMMARY DECLARATION OVERALL CONDITION & VALUE: • RATING OF VESSEL CONDITION..............ABOVE AVERAGE CONDITION • ESTIMATED FAIR MARKET VALUE.........$ 295,000. • ESTIMATED REPLACEMENT COST..........$ 2,000,000 • INTENDED USE OF VESSEL........................Pleasure-Coastal. • SUITABILITY FOR INTENDED SERVICE: Vessel IS considered fit for it's intended use and upon correction of all listed Priority I recommendations. NOTE: All "Priority II" and "Other Observations" should be thoroughly reviewed to bring vessel up to current standards and or improve the value of the vessel. Rating of vessel condition was determined at time of survey upon completion and review of all reported survey information including recommendations and comparing vessel to the same or similar age models. Possible vessel condition ratings are as follows: • • • • • EXCELLENT ABOVE AVERAGE AVERAGE FAIR POOR - Essentially as new or bristol in appearance. - Has had above average care with no obvious limitations. - Ready for sale. May need some maintenance, updates or cleaning. - Needs a fair amount of maintenance or repairs to prepare for sale. - Needs substantial yard work, or repairs before use. Estimated fair market value was determined following Uniform Standards of Professional Appraisal Practice (USPAP) which results in 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 such as special or creative financing or sales concessions granted by anyone associated with the sale. The estimated fair market value is a Market Based Valuation for the vessel in it's condition at time of survey prior to any repairs or maintenance and includes all reported auxiliary equipment. The valuation was determined by cross referencing data from Soldboats.com, BUC, ABOS, Yachtworld or PowerBoat Guide and other brokerage listings or local dealers for vessels of like kind and quality. Commercially published used boat price guides such as those mentioned, rely heavily on archived data. Recent market changes have not been fully realized in their stated values. Asking or list prices are reduced by an applied assumption of 10%. As such this surveyor has adjusted any published historical amounts to more accurately reflect current market conditions. Adjustments are then made for condition or equipment as necessary. Estimated replacement cost was determined using information obtained from BUC, ABOS or local dealer prices using the same or similar make and model with similar equipment options. Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 23 of 24 REPORT SUMMARY & CERTIFICATION CLOSING STATEMENT & SIGNATURE I certify that to the best of my knowledge and belief: • I have made a personal inspection of the vessel that is the subject of this report. • This signed and sealed report represents the complete inspection findings at time of the survey and supercedes any and all conversations, statements and representations whether verbal or in writing. • The reported analyses, opinions and conclusions are limited only by the reported assumptions and limiting conditions as outlined in the signed Marine Survey Work Order. If this survey does not discuss a specific item, equipment or machinery, it is not covered by this survey. • 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 the occurrence of a subsequent event. This survey report: • This survey report is sole property of John Doe without prejudice to the rights and/or interests of other concerned parties and is valid for the day of the survey only. • This survey report is to be used as an entire document. No single section is meant to be used except as part of the whole and is copyrighted to the surveyor and can only be used by third party users with written consent of the owner. No third party warranty of any kind exists. • This survey report is not transferable except for John Doe purpose of insuring, financing or repairing the vessel and may not be used for any other purpose or relied upon by any other person. ATTENDING SURVEYOR: ( Bob Ptak signature ) (Accreditation stamp ) Member Society of Accredited Marine Surveyors Surveyed for: John Doe - 1990 Hatteras 52' Cockpit Motor Yacht Surveyed by: Lakeshore Professional Marine Surveys, LLC, Newaygo MI Report file #: Sample Power. Page no: 24 of 24