Yachts with Bank Loans – Mortgage Discharge Procedure

If the yacht for sale is under a bank loan, the bank—through its legal counsel—prepares the official documentation required for the discharge of the mortgage.

This process is carried out in cooperation with the buyer’s or seller’s attorney.

It is a standard and straightforward legal procedure that experienced yachting lawyers in Greece handle efficiently and successfully.

At Alvea Yachts, we work closely with specialized maritime lawyers to ensure that the entire process—from mortgage discharge to ownership transfer—is completed with transparency, legal safety, and peace of mind for both parties.