Terms of Service
These terms govern use of the Phinisi Broker website (phinisibroker.com) and engagement with our brokerage services.
Website Use
Listings, pricing, and specifications shown may be subject to change without notice. Listings may be sold, withdrawn, or repriced at any time. Information shown does not constitute a binding offer.
Brokerage Engagement
Phinisi Broker engagement requires signed listing agreement (sellers) or buyer engagement agreement (buyers) before any commitment. Commission terms vary based on vessel and engagement scope.
No Sales Solicitation
Information on this website does not constitute solicitation of yacht sales or purchase offers. All transactions require formal engagement and contract execution.
Limitation of Liability
Phinisi Broker acts as licensed brokerage intermediary. Vessel condition, specifications, charter performance, and operational economics are subject to buyer due diligence including independent survey. We make commercially reasonable efforts to vet listings but do not guarantee accuracy of information provided by sellers.
Governing Law
Engagement agreements governed by Indonesian law. Disputes resolved through Indonesian courts (Bali) or Singapore International Arbitration Centre (SIAC) by mutual agreement.
Modifications
We may modify these terms at any time. Material modifications affecting active engagements require notice and (where applicable) client agreement.
What governs my use of this website?
Use of phinisibroker.com is governed by these terms of service plus our privacy policy. By accessing the website you accept these terms. We may modify terms at any time; material modifications affecting active engagements require notice and (where applicable) client agreement. Continued use after non-material modifications constitutes acceptance.
Are listings shown on the website binding offers?
No. Listings, pricing, and specifications shown on this website are informational only and do not constitute binding offers. Listings may be sold, withdrawn, repriced, or modified at any time without notice. Binding transactions require executed engagement agreement plus contracted Memorandum of Agreement following our standard transactional process.
What law governs Phinisi Broker engagement contracts?
Standard engagement agreements (seller listing agreements + buyer engagement agreements) are governed by Indonesian law. Disputes resolved through Indonesian courts of competent jurisdiction (Bali) as default. By mutual agreement, parties may elect Singapore International Arbitration Centre (SIAC) for arbitration as alternative forum. Foreign-law governance available with explicit agreement and reasonable cost reimbursement.
What is your liability for vessel condition representations?
Phinisi Broker acts as licensed brokerage intermediary. Vessel condition, specifications, charter performance, operational economics, and historical operating data are subject to buyer due diligence including independent surveyor inspection. We make commercially reasonable efforts to vet listings via physical inspection and documentation review, but we do not guarantee accuracy of information provided by sellers and we do not act as warrantor of vessel condition.
How do I dispute brokerage commission calculations?
Standard sell-side commission is calculated as percentage of closing price as defined in signed listing agreement. Disputes regarding commission calculation should be raised within 30 days of closing settlement statement. Initial resolution via good-faith discussion with engagement broker; if unresolved, escalation to Juara Holding executive team. Final resolution via dispute mechanism in engagement agreement (Indonesian courts or SIAC arbitration).
Can I republish content from this website?
Content on phinisibroker.com (including text, images, listings, and analysis) is copyrighted by Juara Holding Group. Limited republication permitted under fair use principles for editorial commentary or research with attribution. Commercial republication requires written license. Bulk content scraping for AI training datasets, commercial republication, or competing commercial purposes is prohibited absent license. Contact bd@juaraholding.com for licensing inquiries.
What if a clause in these terms is unenforceable?
Standard severability provision applies. If any clause in these terms is held unenforceable under Indonesian or other applicable law, the remaining provisions continue in full effect. The unenforceable clause shall be modified to the minimum extent necessary to render it enforceable while preserving the parties’ original intent.