1. What are the major advantages of Fractional Yachts and the SeaNet Program?
Realistically, most clients only use their yacht a few times a month. A yacht, in addition to being an expensive, idle asset, requires a tremendous amount of time and money to maintain. Other time consuming aspects of owning a yacht include; obtaining and managing insurance coverage, vessel documentation, slip/dockage arrangements, captains/crew arrangements, etc. Fractional yachts through SeaNet Company eliminate all the typical hassles of preparing the yacht for use along with the clean up afterwards. SeaNet Company participants therefore have a more enjoyable experience, and they end up utilizing the yachts more often then they typically would have.

2. Who owns the Yacht?
The yacht is owned by a LLC or a Company which in turnis owned by a participant or SeaNet Fractional Yachts.

3. What does the monthly fee cover?
Operating Costs are split by ownership percentages.Variable expenses are owner specific which includes, but not limited to, fuel, food and beverages, special request items and seasonal yacht relocation if applicable.

5. How long is the time period for Fractional Yachts?
SeaNet offers one, two and three year program increments. Much like destination clubs or the fractional jet industry, SeaNet has a price plan that fits with the amount of time you would like to spend yachting. .

6. How many participants are there on each yacht?
Depending on the size of the vessel and the cruising itinerary, SeaNet offers shares in 1/6, 1/3, 1/4, or 1/2 share. Clients may own more than a single share to have more time available each month.

7. How do I schedule my time on the yacht?
All scheduling is done through SeaNet’s five-star concierge service. Depending on the amount of interest shared in the yacht, each participant is allocated a minimum number of weekend days and weekdays each month. Usage of the days can be spread throughout the month or taken in blocks. Six holidays (red) are allocated per year and replace the corresponding weekend day. Clients are given the option to schedule one excursion (seven to fourteen day trip) up to a year in advance.

8. What if two or more participants want to schedule the same day(s)?
Monthly priority order is agreed upon at the beginning of ownership, where each client has the opportunity to decide which months will be their highest priority throughout their time of ownership. This aids the clients in future planning. When two clients want to schedule the same day, the owner with the higher priority will be given the date.

9. As SeaNet Company adds yachts, how does this help each participant?
As the SeaNet Company fleet grows, the participants’ benefits grow. Availability and flexibility will increase through inter-exchange agreements. This includes yachts in other parts of the country - Mexico, Caribbean, Bahamas, and Mediterranean..

10. Where will the yachts be located?
The yachts will be located at key ports throughout the United States. Mexico, Bahamas, Mediterranean and Caribbean Islands are located in the winter months, and the Mediterranean in the summer months.

11. Where does my deposit go?
The funds are placed into an Escrow Account. Once we approach closing, the remaining funds must be presented by each owner, and the yacht closing is conducted.

12. So how do I proceed?
Contact a sales representative by emailing sales@seanetco.com or call (800) 638-7715. A SeaNet Sales Representative will assist you with any questions and will schedule a sea trial for you. Once you have found a yacht of your choice, your SeaNet Sales Representative will walk you through the remaining fractional yacht procedures.