Quote:
Originally Posted by Boats&Outboards
Either way he can only sue you for what he paid for it. I'm assuming he paid more than the £9,995 he was trying to re-sell it for 5 years later so I'm confused as to why he's not claiming his full purchase price back ?
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Because he has "enjoyed" it for 7 yrs and his loss is really only the loss of ability to sell the boat now for its current (unstolen) value.
Quote:
Originally Posted by Blue Lightning
I dont have any information at the moment about the alleged theft, or what database it is recorded on. These are some of the questions I have for the solicitors who contacted me.
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Well obviously they will need to prove that the boat is stolen, but I wouldn't be rushing to speak to the solicitors until you have sought professional advice yourself.
Quote:
Originally Posted by Blue Lightning
Hi
This was a rib I bought privately myself, long before became a trader...
CAB is an option, but I wondered if anyone had any more specialist legal knowledge?
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CAB will probably not have dealt with a stolen boat before, but it will be similar to stolen cars which they will have some idea about. I'd always be wary of legal advice dolled out on internet forums as there is absolutely no recourse against crap advice.
The RYA also have a legal department who would be able to offer advice if you are a member (you can join online today!).
On the positive side, it sounds like if your seller is still there then you might stand a reasonable chance of recovering any liability you have from him in due course. Because you probably want to involve a lawyer in that process (even if he is cooperative) it may be as well to engage professional help sooner rather than later.