For all residents embarking on the maiden voyage, we require 9 months of assessment fees 6 months prior to launch. This one-time special circumstance is due to the significant upfront costs at the outset. Among the many items it covers is crew onboarding and provisioning the ship with all the loose items that the shipyard does not provide such as restaurant equipment, marina watercraft and outfitting the communal spaces. This is not an additional total cost. It is offset in one of two ways:
a) applied to the last three quarters of the lease term if the lease is fulfilled
b) recouped from the next owner in the form of a transfer fee if the residence is sold prior to the end of the lease term
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