All boats under Greek Flag have an “Official Registration, Class A “. This Registry allows for an easy check to whether the yacht has a mortgage and other legal bindings or restrictions. However, a yacht under Greek Registry cannot be Deleted from the Greek Registration Record without the specific procedure required. Therefore, reassuring that the boat is free from all encumbrances, maritime liens and any other bindings.
This way, the purchase of a boat under Greek Registry is totally legitimate and the Buyer can feel 100% safe.
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