Under this agreement, ownership of the unfinished boat is gradually transferred to you as work progresses, so in the event that the builder fails, you will still be able to recoup your investment.
Under the EU Recreational Craft Directive (1996), anyone who wants to sell a new boat on the European market has to make sure it is CE-certified - this mainly concerns the stability and safety of the craft. However, it also demands that manufacturers provide a technical file saying how they intend to build and equip each craft, leading to an increase in the standard of boat building.
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