Report Guide

Reading a
Survey Report

Not a fault list but a decision document: priority classes, what the wording really means, how to read cost estimates and what to do once the report lands.⁠⁠‍​‌‌‌‍⁠⁠‍‍‌⁠‍⁠‌​‍‍​⁠​

A good survey report is not a long list of faults; it is a document that makes a decision possible. Three things should come out of it: should you buy this boat, if so how much less should you pay, and what will the first season cost you.

1. What the Report Contains

  1. Identification: vessel details, HIN/CE, length, year, engine type and hours, date, place and scope.
  2. Scope and limitations: what was inspected and what was not. Never skip this, "not inspected" does not mean "no problem".
  3. Findings: location, description, photograph and priority class.
  4. Summary and recommendations: overall condition, urgent items, estimated costs.
  5. Value opinion: where requested.

2. Priority Classes, What to Read First

ClassMeaningAction
A, Critical / safetyDirectly affects safety of life or vesselRectify before going to sea; goes straight into the negotiation
B, Short termWill worsen if left this seasonBudget for it; most negotiating items sit here
C, Planned maintenanceNormal wear, item dueGoes on the maintenance schedule
  1. ASafetyRectify before going to sea. Not a negotiating point.
  2. BThis seasonNeeded within this season. Where negotiation happens.
  3. CPlannedOrdinary maintenance calendar. Not for negotiation.
Every finding carries a priority, so what to do next is already in order.
Practical rule: the total of class A items is what you take into the negotiation. Class B is your first-year budget and part of it can often be shared with the seller. C items appear on every boat and are not bargaining chips.
Finding summary from a survey report: 3 critical, 1 important, 4 maintenance findings and an estimated repair cost
Finding summary: every finding is graded A (critical), B (important) or C (maintenance), with an estimated repair cost range you can take straight into negotiation.

Taken from a real client report (96 pages, issued in Turkish). Boat name, make/model, report number, hull and engine numbers, place, date and people are withheld. More pages from the report

3. Decoding the Language

Underwater hull section of a survey report with the surveyor's overall assessment
Each section opens with what it covers and the surveyor's plain-language overall assessment.

Taken from a real client report (96 pages, issued in Turkish). Boat name, make/model, report number, hull and engine numbers, place, date and people are withheld.

4. Reading the Cost Estimates

Costs in a report are estimated ranges, not quotations. Labour varies by region, parts lead time and access. A sound approach: add the upper end of class A items and half of class B, that figure is what you can defend at the negotiating table.⁠⁠‍​‌‌‌‍⁠⁠‍‍‌⁠‍⁠‌​‍‍​⁠​

5. After the Report: Three Roads

  1. Proceed. Findings are within expectations; class A items are rectified or deducted and the sale completes.
  2. Renegotiate. Total repair exposure exceeds expectations; you work through the report item by item. The report is your strongest tool here because it is documented, not emotional.
  3. Walk away. Structural problems, widespread delamination, keel attachment damage, hull-to-deck separation, or repair costs approaching the value of the boat. This is when the survey fee returns the most money it ever will.

6. Common Misreadings

Frequently Asked Questions

The priority classification. Class A (critical/safety) items must be rectified before going to sea and go straight into the negotiation. Class B is your first-season budget.
That the area could not be accessed, required dismantling, or fell outside the agreed scope, not that it is free of problems. Where a critical area could not be inspected, further investigation or a diver check is recommended.
No, they are ranges rather than quotations. Labour varies by region, parts lead time and access. For negotiation, adding the upper end of class A and half of class B is a reasonable approach.
The report belongs to whoever commissioned it. Sharing only the relevant findings is enough; you are not obliged to forward the whole document.
No. A sixty-item report where everything sits in class C can describe a well-kept boat, while a twelve-item report with one class A structural finding is serious.
Three roads: proceed if the findings are within expectations, renegotiate on the basis of the report if the repair exposure is higher than expected, or walk away where the problem is structural. We read the report through with you to make that call clear.

7. Already have a report?

We can read another surveyor's report with you and explain what it means in practice.

Related Pages

Prepared by SurveyYat, ABYC Professional Member, 149 GT Yacht Captain. Last updated: September 2026.

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