Playbook
Core8 min read

Purchase & Sale Agreement

The IYBA Purchase & Sale Agreement — what each section does, where the traps are, and how to fill it out cleanly in YachtCloser.

The PSA is the contract that binds the deal. Every field matters. This section walks through the IYBA form so you know what you are asking a buyer or seller to sign.

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Drop a blank IYBA PSA page 1 scan here.

Page 1 — parties, vessel, price, deposit

Notes on page 1 go here — parties, vessel description, price, deposit terms, escrow agent.

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Drop a blank IYBA PSA page 2 scan here.

Page 2 — contingencies, closing, exclusions

Notes on page 2 go here — survey contingency window, closing date, exclusions, acceptance.

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Drop a blank IYBA PSA page 3 scan here.

Page 3 — signatures & addenda

Notes on page 3 go here — signing order (buyer → seller → firm), addenda references, initials.

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