45′ Benneteau sailboat

C & V SURVEY
Condition & Valuation

Client: Removed for privacy
Date of report: November 1, 2016

Our file #: 16 – 28897

Location: Removed for privacy
Date of inspection: October 28, 2016

VESSEL DESCRIPTION

Builder: Beneteau
Model/type: Oceanis 45 / sloop
Length: 45′
Draft: 7′
Beam: 14′ 8″
Name: Removed for privacy
Hailing Port: Removed for privacy
Doc. #: Removed for privacy
HIN: Removed for privacy
Engine/MFG: Yanmar 4JH5E
Year: 2013
K.W. per: 39.6 @ 3,000 rpms
Serial numbers: Removed for privacy
Type of instal. : Diesel, 4-cylinders, inboard, sail drive
Generator: Portable Honda (gas)

HULL & STRUCTURE  

The vessel was inspected while hauled & afloat. Hull construction material is molded fiberglass. Deck is constructed of molded fiberglass and above deck structures are constructed of molded fiberglass. Coring is unknown. Bulkheads are constructed of plywood. Overall condition of the hull structure appears good. The vessel’s weight is 32,000 lb. (travel lift’s scale). Exterior rails and hardware appear good. Mast, mast step, standing rigging and chain plates, where visible, appear good. Cosmetic condition of vessel appears good externally and good internally. Vessel’s external colors are white with gray boot and cove stripes. Below waterline through hull fittings appear satisfactory. The vessel is equipped with one manual and one electric / automatic bilge pumps that appear satisfactory and the bilge is holding moderate water. The ventilation system consists of a blower and natural ventilation and appears satisfactory. General housekeeping appears satisfactory (final preparation is underway).

Summary: Good

MACHINE SYSTEMS

Engine’s external surfaces appear good and exhibit no significant rust, oil or coolant
leaks. Motor mounts appear good. Cooling system appears good. Fuel system and
components appear good. Exhaust system and components appear good. Electrical
system and components appear good. Engine control system appears good. Steering
control systems appear satisfactory. Propulsion components appear good. Waste
system and components appear satisfactory – good. General service seawater systems
appear satisfactory – good.

Summary: Good

FUEL SYSTEM

There is 70 gallon capacity in two plastic tanks located aft. Fuel tank surfaces, where
visible, appear satisfactory (mostly not visible) and the securing mechanism appears
good. The fuel fill, vent, feed and return lines and components appear good. Fuel
shutoff valves are located at tanks and appear satisfactory.

Summary: Good

ELECTRICAL SYSTEMS

The AC shore cord, inlet and connections appear good. The AC wiring and outlets
appear satisfactory. The AC main feed are protected with circuit breakers. Battery
arrangement appears satisfactory. Batteries are equipped with a disconnect switch. DC
wiring appears satisfactory. Circuit protection for the AC and DC branch system
appears satisfactory. Wire terminations and connections appear satisfactory. Wire
organization and arrangement appears satisfactory.

Summary: Satisfactory

SAFETY AND LIFE SAVING

Vessel has two portable fire extinguishers manufactured in 2012. Vessel has no fixed
fire suppression system. The safety components include: four adult type II PFDs and
one throwable PFD; distress flares with expired certification; Viking life raft with unknown
certification; suitable first aid kit; 20 Kg Delta anchor with chain and line rode and a stern
anchor, and appears good. Navigational and anchor lights appear satisfactory. Other
safety equipment includes: life sling, safety jack lines, Viking life raft, EPIRB in ditch kit.

Summary: Satisfactory

LP GAS SYSTEMS  

Vessel is equipped with lp, which fuels the galley range. Tank external appearance is
satisfactory and they are properly secured. Ventilation appears satisfactory. Tank
valves were opened and an odor was not noticed. Feed line is equipped with a reducing
regulator, a pressure gauge and an electric shutoff solenoid and feed lines appear
satisfactory.

Summary: Satisfactory

DOCKING

The vessel was not inspected at its normal slip location.

Summary: N/A

ACCESSORIES

Soft bottom inflatable tender, double anchor rollers, dodger, two
steering wheels, rail mounted bbq grill, boom vang, Max Prop three blade feathering
propeller, Quick two direction electric windlass, Facnor LS180 roller furling head sail
assembly, roller furling head sail, main sail, spinnaker sail in a sock, three electric
winches, two cockpit Simrad NSS7 multi-function devices, two Plastimo compasses,
transom boarding ladder, one Simrad NSS12 multi-function device, handheld VHF, fold
out swim platform, Webasto diesel heater, Icom AT-140 antenna tuner, 30 amp / 125V
shore power inlet, engine instrumentation is tachometer and digital display, Simrad
autopilot with remote, Quick chain counter, Max Power bow thruster, one manual Harken
# 40 winch, Steiner binoculars, portable Honda gasoline generator, portable gasoline
tanks, 4 h.p. Tohatsu outboard engine, Racor fuel filters, Yanmar SD50 sail drive, galley
stove, Force 10 three burner LP gas range, aft head includes electric head, shower
enclosure, sink and shower sump pump, refrigeration, Simrad NSS7 multi-function
device, Simrad RS25 VHF, Icom IC-M802 HF transceiver, wine rack, water heater,
Iridium satellite telephone

SUMMARY

The vessel is a production composite fiberglass sailboat manufactured in Marion, South
Carolina (U.S.A.). The client purchased the vessel new in 2012. He has added a
feathering propeller, a single side band radio and has just installed new batteries. The
client detailed an insurance claim which resulted from his hitting a pier with the bow.
The repair work was reportedly done at K.K.M.I. Boat Yard in Pt. Richmond, California.
The undersigned paid extra attention to the area of damage and repair. The repair has
been done to industry standards and this area of the vessel is likely stronger prior to the
repair. There are indications that repairs were performed. The vessel was inspected
while afloat, while hauled and observed while operating briefly about the boat yard. The
vessel just arrived to San Diego from the San Francisco Bay area. The vessel is
structurally sound. The vessel is well suited for its intended purpose as a coastal
cruising vessel.

Overall Summary: Good

VALUES

ACTUAL CASH VALUE – $290,000

NEW REPLACEMENT VALUE- $436,000

INVESTMENT – N/A

The actual cash value is the value that our research approximates the selling price of this vessel should be, at the time and place of our inspection. The actual cash value is best determined by a thorough market search to determine what vessels are available on the market, followed by negotiations between the interested parties. Consideration is given to vessel’s condition, geographic location, published listings and guides, comparable sales and listings, and market conditions. The new replacement value is the cost of this or a similar, new vessel, comparably equipped. The investment is the reported investment including purchase price and significant upgrades. No values include maintenance costs, storage or tax.

C & V Form Key: All systems are rated based upon their appearance, ratings include: Not examined, Not applicable, Faulty, Marginal, Satisfactory, Good, Excellent.

RECOMMENDATIONS  

1. Provide current distress signal flares.
2. Exercise caution with respect to the use of the gasoline portable generator and
gasoline tanks.
3. Assure that the life raft has current certification as the certification was not
visible.

 

NOTES

1. Monitor the through hulls, the forward head sink drain exhibits surface corrosion
internally. Replace through hulls if / as necessary.
2. Display the documentation number per federal regulations.
This survey sets forth the condition of the vessel and components, as specifically stated only, at the time of inspection and represents the surveyor’s honest and unbiased opinion. The submitting of this report should not be construed as a warranty or guaranty of the condition of the vessel, nor does it create any liability on the part of Christian & Company or the individual surveyor. No part of the vessel was disassembled or removed and no assumptions should be made as to the condition of concealed components. Specifics were obtained from sources available at the time of inspection and are believed correct, but are not guaranteed to be accurate. This inspection was performed for the expressed purpose of obtaining insurance, and should provide the information necessary for underwriting purposes, if any additional information is required, please contact the undersigned. This survey report is not intended for use as a “buyer’s survey”.

Christian & Company, Marine Surveyors, Inc.

________________________________
By: Mr. Kells Christian, Surveyor
S.A.M.S. – A.M.S. # 941