Online Courses from CPYB International

The CPYB International certification syllabus comprises 18 subjects spread over 4 courses.

 

Course  I: The Transaction Process

Course  II: Professional Conduct and Brokerage Operations

Course  III: Yacht Construction and Technical Acumen

Course  IV: The Regulatory and Legal Framework 

Course  I: The Transaction Process

  • 1.1 Agreement Frameworks 1978
    • Purchase and Sales Agreements
    • Contingency Management
    • Handling Deposits (Earnest Money)
  • 1.2 Vessel Evaluation 1510
    • The Survey Process
    • Sea Trials
    • Inspections
  • 1.3 Closing Procedures 1757
    •  Post-Agreement Protocols
    • Transfer of Ownership and Funds
    •  Post-Closing Procedures
    • Common Pitfalls and Best Practices

Course  II: Professional Conduct and Brokerage Operations

  • 2.1 Listing Agreements 1495
    • Listing Agreement Details
    • Central vs. Open Listing Arrangements
  • 2.2 Broker Roles and Duties 1675
    • Listing Broker Responsibilities
    • Selling Broker Responsibilities
    • Risk Management and Co-Brokerage Relations
  • 2.3 Handling Complex Scenarios 1692
    • Managing Multiple Simultaneous Offers
    • Deposit Funds Management (Reiterated for process focus)
    • Survey Matters and Negotiation follow-up
    • International Buyers and Sellers
    • Difficult Personalities and Emotional Clients
    • Unusual Vessel Situations
  • 2.4 Core Ethical Principles 996
    • Fiduciary Duty
    • Conflict of Interest Management
    • Professional Development and Competence
    • Other Core Ethical Principles
  • 2.5 Concluding the Sale 1131
    • Acceptance of the Vessel by the Buyer
    • Responsibilities at Closing (Reiterated for fiduciary duty focus)
    • Post-Closing Strategy

 

Course  III: Yacht Construction and Technical Acumen

  • 3.1 Hull Construction Materials 2427
    • Fiberglass/GRP/Standard Composite Construction
    • Advanced Composite Construction (Carbon Fiber, Kevlar, Epoxy)
    • Metal Construction
    • Wood Construction
    • Paint vs. Gelcoat
  • 3.2 Systems and Equipment 2774
    • Electrical Systems
    • Electronics and Navigation Equipment
    • Propulsion Systems
    • Stabilization Systems
    • HVAC systems
    • Watermakers/Desalinators
    • Hydraulic Systems
    • Fire Suppression Systems
    • Safety & Lifesaving Equipment
    • Marine Sanitation Devices (MSDs)
  • 3.3 Finishing and Maintenance 2651
    • Yacht Finishes
    •  Interior Finishes & Material
    • Maintenance
    • Painting and Coating Systems
    • Teak Deck Care & Refurbishment
  • 3.4 Design and Terminology 2133
    • Yacht Designs 
    • Boating Terminology
    • Yacht Performance & Motion
    • Navigational Skills (Applicable to understanding vessel capability)

Course 4: The Regulatory and Legal Framework

4.1 Regulations, Registries, and Standards 1439

  •  Flag State Registries and Documentation: Identity, Ownership, and Nationality
  • Key Registries and Their Characteristics
  • Impact on Title, Liens, and Ownership Transfer
  •  International Conventions
  • Local Port/Coastal Regulations 

4.2 MCA 4865

  • Maritime and Coastguard Agency: The Regulatory Foundation
  • Pleasure vs. Commercial Use
  • Small Commercial Vessel Codes
  • Large Yacht Code
  • Compliance Risk
  • Key MCA Notice
  • Large Yacht Code and Manning
  • Pleasure Vessels and General Safety
  • SCV Area Categories
  • Part I Registration and VAT Status
  • Due Diligence Checklist: Key Documents
  • Memorandum of Agreement (MOA)

4.3 SOLAS, MARPOL and Beyond 1695

  • Safety of Life at Sea (SOLAS)
  • Critical SOLAS-Equivalent Requirements for Broker Due Diligence
  • Prevention of Pollution from Ships (MARPOL)
  • Beyond SOLAS & MARPOL: Other Key International Conventions

4.4 Classification Societies  1334

  •  Purpose, Role and Key Societies
  • Role and Scope of Standard

4.5 Taxation and Financial Obligations 2511

  • Value Added Tax (VAT)
  • Chartering Sales Taxes
  • Import/Export Duties
  • Luxury Tax / Excise Tax
  • Chartering Sales Taxes
  • Sales and Use Tax
  • Foreign Exchange & Currency Risk

4.6 Operational Compliance 2310

  • Licensing Laws (Broker and Vessel)
  • Anti-Money Laundering (AML) / Know Your Customer (KYC) Regulations
  •  Maritime Liens: Understanding Encumbrances
  • Environmental Regulations (Specific to Cruising Grounds)
  • Record-Keeping Requirements and Best Practices