Inexplicable minor damages can lead to a dispute over liability for reparation. Contrary to our reader`s hypothesis, a partnership for the ownership and operation of a leisure yacht does not need to be written. But one has to make an endless stream of decisions for buying, operating and selling a boat, and a written agreement will give the parties a guide on how to make those decisions. Our reader has not expressly mentioned it, but many nautical partnerships are operated with only one of the partners listed on the title or recording. This may be due to marina or slip rental restrictions, or because the partners want to avoid the possible imposition of sales or use tax, or simply because they are too lazy to add a new name to the title. Whatever the reason, it`s a bad idea. .