offer to purchase boat agreement

i recently made an offer to purchase a boat through a yacht broker and the offer was accepted. the language of a yacht purchase agreement may vary quite a bit depending on the preferences of individual yacht brokers, but in california, the most common purchase agreement is the document published by the california yacht brokers association. the philosophy used by the cyba in drafting their standard purchase agreement was that they did not want to force anyone to buy a boat. in the scenario described by our reader, he would simply decline to execute the final acceptance and he would be entitled to a return of his deposit.