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| Introduction
Members of the California Yacht Brokers Association enjoy
many benefits and privileges that make conducting business
in an ever complex and evolving business environment, easier,
friendlier, and more productive than ever before. Some, but
certainly not all, of the benefits are highlighted below.
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| Standard Contracts and Forms
The CYBA provides, at a very nominal added cost, Members with
the most comprehensive set of contracts being used in the yacht
Brokerage industry today. They are a culmination of many years
of research and improvements, authored by our Legal Counsel,
Mr. Thomas A. Russell, ESQ. Use of these contracts are a Broker’s
best defense in avoiding unnecessary litigation.
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| Arbitration & Grievance Committee
The CYBA offers the finest Arbitration & Grievance process/service
in the industry and serves as the model that other organizations
have patterned their arbitration process after. In a nutshell, we
assist in keeping you out of court if a problem occurs.
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| Code of Ethics
The CYBA Code of Ethics is another cornerstone of the yacht
Brokerage community, worldwide. It is the Code of Ethics that
all other organizations have studied and used as their guide to
formulating their own Code of Ethics. We are very proud of our
Code of Ethics and require that all Members abide by them.
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| Education
We host an Annual Legal Seminar that features educational
guest speakers and our Members get updated on the latest
legal trends in the industry. We are currently looking into the
possibility of developing continuing educational materials.
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Close Working Relationship with the Department
of Boating & Waterways
The DBW feels that a close working relationship with the CYBA
is so important that they have a representative attend our
monthly Board Meetings. This is the most effective way for us
to communicate with each other on critical issues that occur
on a daily basis. Never before has this communication and
working relationship been better.
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| Legislation
This is one area that even Non-Members have benefited,
perhaps without knowledge. The CYBA monitors all legislation
that may have an impact on our profession and oftentimes, we
sponsor legislation. The most recent examples of legislation that
we sponsored are: (1) The passage of AB 2268, which now
requires the Unemployment Insurance Code to recognize yacht
salespersons as “independent contractors”. (2) The passage of
AB 2119, which recognizes electronic signatures as having the
same validity as an original signature. After a long and exhaustive
battle, the DBW also has agreed to recognize faxed signatures
as having the same validity as original signatures. These two
examples are monumental strides that the CYBA accomplished
for our industry in 1998 and 2000 respectively.
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| CYBA Newsletter
Our monthly newsletter keeps us all well informed and
connected to each other and welcomes input and contributions
from all Members.
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| CYBA Website
The CYBA has a website that features our Code of Ethics,
explains the Arbitration & Grievance process, and all Members
are listed in the Member Directory for the public to access
easily.
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| CYBA Name Recognition
Members are proud of their Membership and we encourage
that they display the CYBA logo in their ads. The boating
public, in turn, is rapidly becoming aware of the CYBA and are
becoming educated in the benefits of doing business with a
CYBA Member Broker. This recognition is spreading worldwide
due to the Internet.
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| Working with Our Peer Organizations
We work closely with the Florida Yacht Brokers Association.
(FYBA), the Northwest Yacht Brokers Association, (NYBA),
and the Yacht Brokers Association of America (YBAA). These
are our highly respected peer organizations and nurturing a
harmonious and symbiotic relationship with them allows our
Members to cooperate listings with them with greater ease.
We all feel comfortable doing business with someone we have
something in common with.
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| Working with Fellow CYBA Members
This becomes easier because we get to know each other,
have our Membership in common, and use the CYBA standard
contracts. Cooperative arrangements are made easier and go
smoothly.
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| Social Activities
The Annual Installation Dinner/Dance is a prime example
of how our Members meet and get to know each other in a
pleasant social environment. This single event does more to
develop close working relationships between Members than
perhaps any other single event.
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| Boat Shows
The CYBA is currently negotiating with a major boat show
promoter to consider the possibility of co-sponsoring a major
boat show. This will further enhance the public image of the
CYBA.
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